How much do homeowners pay a month in Picacho Hills, NM?
Homeowners with a mortgage in Picacho Hills, NM pay a median of $2,059 (±$411) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $584 (±$46).
42.2% of owned homes carry a mortgage.
Figures last updated on .
- With a mortgage
- $2,059 (±$411)
- Without a mortgage
- $584 (±$46)
- Owned with a mortgage
- 42.2%
Monthly owner costs in Picacho Hills
| Picacho Hills | Doña Ana County | New Mexico | United States | |
|---|---|---|---|---|
| With a mortgage | $2,059 (±$411) | $1,442 (±$37) | $1,564 (±$11) | $1,963 |
| Without a mortgage | $584 (±$46) | $416 (±$15) | $451 (±$4) | $638 |
| Owned homes with a mortgage | 42.2% (±9.7 points) | 51.2% (±2.1 points) | 51.5% (±0.5 points) | 60.6% |
| Median real estate taxes (a year) | $2,778 (±$249) | $1,480 (±$49) | $1,731 (±$19) | $3,119 |
Selected monthly owner costs are the mortgage payment, property taxes, insurance, utilities, fuels and any condominium or mobile-home fees.
In Picacho Hills, the median cost with a mortgage is higher than in Doña Ana County ($1,442).
It is also higher than in New Mexico ($1,564).
It is not measurably different from the national figure ($1,963).
In Doña Ana County, Picacho Hills ranks 2 of 11 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 19 of 175.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Median monthly cost with a mortgage in places near Picacho Hills
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Picacho Hills | — | $2,059 (±$411) | — |
| Mesilla | 5.2 mi | $1,458 (±$806) | Not measurably different |
| Las Cruces | 5.2 mi | $1,414 (±$47) | Lower |
| Radium Springs | 11 mi | $1,131 (±$98) | Lower |
| Vado | 18 mi | $1,612 (±$1,278) | Not measurably different |
| Berino | 23 mi | $1,156 (±$99) | Lower |
| Anthony | 27 mi | $1,137 (±$62) | Lower |
| Anthony | 28 mi | $1,513 (±$142) | Lower |
| La Union | 28 mi | $2,067 (±$811) | Not measurably different |
Nearby places with a measurably lower figure: Las Cruces, NM ($1,414), Radium Springs, NM ($1,131), Berino, NM ($1,156).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Doña Ana County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 1 | La Union | $2,067 (±$811) |
| 2 | Picacho Hills | $2,059 (±$411) |
| 3 | Vado | $1,612 (±$1,278) |
| 4 | Sunland Park | $1,581 (±$83) |
| 5 | Mesilla | $1,458 (±$806) |
| 6 | Las Cruces | $1,414 (±$47) |
| 7 | Santa Teresa | $1,335 (±$111) |
| 8 | Berino | $1,156 (±$99) |
Showing 8 of 11 places in Doña Ana County, ranked from highest to lowest.
Picacho Hills is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Picacho Hills
What is the average mortgage payment in Picacho Hills?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Picacho Hills, NM is $2,059 (±$411) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Picacho Hills?
Owners without a mortgage in Picacho Hills pay a median of $584 (±$46) a month in taxes, insurance, utilities and fees.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Picacho Hills CDP, New Mexico
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Picacho Hills CDP, New Mexico
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Picacho Hills CDP, New Mexico
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Picacho Hills CDP, New Mexico
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Picacho Hills CDP, New Mexico
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Picacho Hills CDP, New Mexico (place:56748, in state:35).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25088_002E, B25088_002M, B25103_001E, B25103_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP04_0101E, DP04_0101M, DP04_0109E, DP04_0109M, DP04_0091PE, DP04_0091PM, B25103_001E, B25103_001M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Picacho Hills at a glance
- Income and affordability in Picacho Hills
- Home values in Picacho Hills
- Property taxes in Picacho Hills
- Types of homes in Picacho Hills
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- Heating fuel in Picacho Hills
- Commute and cars in Picacho Hills
- How long people stay in Picacho Hills
- New Mexico landlord and tenant rules
- Housing across Doña Ana County
- Housing data for every place in New Mexico