housing costs · New Mexico
Housing costs in Union County
What it costs to live here: rent, home values and the share of income rent takes.
Median gross rent
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $683 | ± $120 | evidence → |
| 2019–2023 | $650 | ± $77 | evidence → |
| 2018–2022 | $587 | ± $128 | evidence → |
| 2017–2021 | $461 | ± $97 | evidence → |
Median home value
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $122,700 | ± $18,473 | evidence → |
| 2019–2023 | $135,900 | ± $18,594 | evidence → |
| 2018–2022 | $126,900 | ± $23,638 | evidence → |
| 2017–2021 | $130,300 | ± $24,374 | evidence → |
Rent as share of income
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | 27.0 % | ± 3.4 % | evidence → |
| 2019–2023 | 26.6 % | ± 3.2 % | evidence → |
| 2018–2022 | 25.7 % | ± 2.6 % | evidence → |
| 2017–2021 | 26.8 % | ± 2.3 % | evidence → |
In context
Median rent in Union County is $683, below the New Mexico median of $872 across 33 counties (2020–2024).
American Community Survey, five-year estimates. Each release covers five years, so consecutive releases overlap by four of them — a change from one release to the next is damped, and reading them as annual values understates swings. Margins of error are at 90 % confidence and are wide in sparsely populated counties.