The typical owner-occupied home in Angel Fire is worth about $546,800, 2.2 times the New Mexico median of $248,100 and 64% above the national median of $332,700. Owners pay a median $3,000 a year in property taxes, about 0.55% of their home's value, lower than the New Mexico rate of 0.70%. The median household earns $107,554 a year, so the median home costs 5.1 times the median income (3.9 times for New Mexico). 77% of occupied homes here are lived in by their owners, and 39% of those owners still have a mortgage.
Angel Fire at a glance
| Angel Fire | New Mexico | U.S. | |
|---|---|---|---|
| Median home value | $546,800 | $248,100 | $332,700 |
| Median property tax paid per year | $3,000 | $1,731 | $3,119 |
| Property tax as a share of value | 0.55% | 0.70% | 0.94% |
| Median household income | $107,554 | $64,059 | $80,734 |
| Homes lived in by their owners | 77% | 70% | 65% |
| Owner homes with a mortgage | 39% | 52% | 61% |
| Median monthly costs, owners with a mortgage | $2,274 | $1,564 | $1,963 |
| Those costs as a share of the owners' income | 23.2% | 20.6% | 21.0% |
| Median rent | $1,052 | $1,067 | $1,413 |
| Rent as a share of renters' income | 14.2% | 30.1% | 30.6% |
| Median year homes were built | 1988 | 1985 | 1980 |
| Vacant homes | 78.4% | 12.5% | 10.1% |
| Population | 1,111 | 2,120,246 | 334,922,499 |
What a typical home costs per month in Angel Fire
At this week's average 30-year rate of 7.11%, buying the median Angel Fire home of $546,800 with 20% down costs about $3,421 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $4,332, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $146,620 for the 20%-down payment. That payment is 38% of the median Angel Fire household income of $107,554; at that income and 20% down, the 28% guideline points to a home of about $401,000.
The median rent here is $1,052 a month, so owning the median home costs about $2,369 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $109,360 |
|---|---|
| Loan amount | $437,440 |
| Principal and interest | $2,943 |
| Property taxes (0.55% a year) | $251 |
| Homeowners insurance (our estimate, 0.5% a year) | $228 |
| PMI | $0 |
| Total per month | $3,421 |
Change the numbers in the calculator
| Down payment | $19,138 |
|---|---|
| Loan amount | $536,896 |
| Principal and interest | $3,612 |
| Property taxes (0.55% a year) | $251 |
| Homeowners insurance (our estimate, 0.5% a year) | $228 |
| FHA mortgage insurance | $242 |
| Total per month | $4,332 |
Change the numbers in the calculator
Questions about home buying in Angel Fire
What is the median home value in Angel Fire?
About $546,800 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Angel Fire?
Homeowners pay a median $3,000 a year, which is about 0.55% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Angel Fire?
For the median home with 20% down at 7.11%, the payment is about $3,421 a month. Keeping that under 28% of gross income takes about $146,620 a year.
More about Angel Fire
- Mortgage Refinance in Angel Fire
- Debt Relief in Angel Fire
- Home Equity Loans in Angel Fire
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data