The typical owner-occupied home in Curry County is worth about $171,200, 31% below the New Mexico median of $248,100 and 49% below the national median of $332,700. Owners pay a median $1,017 a year in property taxes, about 0.59% of their home's value, lower than the New Mexico rate of 0.70%. The median household earns $57,309 a year, so the median home costs 3.0 times the median income (3.9 times for New Mexico). 63% of occupied homes here are lived in by their owners, and 56% of those owners still have a mortgage.
Curry County at a glance
| Curry County | New Mexico | U.S. | |
|---|---|---|---|
| Median home value | $171,200 | $248,100 | $332,700 |
| Median property tax paid per year | $1,017 | $1,731 | $3,119 |
| Property tax as a share of value | 0.59% | 0.70% | 0.94% |
| Median household income | $57,309 | $64,059 | $80,734 |
| Homes lived in by their owners | 63% | 70% | 65% |
| Owner homes with a mortgage | 56% | 52% | 61% |
| Median monthly costs, owners with a mortgage | $1,476 | $1,564 | $1,963 |
| Those costs as a share of the owners' income | 23.0% | 20.6% | 21.0% |
| Median rent | $1,024 | $1,067 | $1,413 |
| Rent as a share of renters' income | 29.3% | 30.1% | 30.6% |
| Median year homes were built | 1976 | 1985 | 1980 |
| Vacant homes | 13.2% | 12.5% | 10.1% |
| Population | 47,638 | 2,120,246 | 334,922,499 |
What a typical home costs per month in Curry County
At this week's average 30-year rate of 7.11%, buying the median Curry County home of $171,200 with 20% down costs about $1,077 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,362, 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 $46,151 for the 20%-down payment. That payment is 23% of the median Curry County household income of $57,309; at that income and 20% down, the 28% guideline points to a home of about $213,000.
The median rent here is $1,024 a month, so owning the median home costs about $53 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $34,240 |
|---|---|
| Loan amount | $136,960 |
| Principal and interest | $921 |
| Property taxes (0.59% a year) | $84 |
| Homeowners insurance (our estimate, 0.5% a year) | $71 |
| PMI | $0 |
| Total per month | $1,077 |
Change the numbers in the calculator
| Down payment | $5,992 |
|---|---|
| Loan amount | $168,099 |
| Principal and interest | $1,131 |
| Property taxes (0.59% a year) | $84 |
| Homeowners insurance (our estimate, 0.5% a year) | $71 |
| FHA mortgage insurance | $76 |
| Total per month | $1,362 |
Change the numbers in the calculator
Questions about home buying in Curry County
What is the median home value in Curry County?
About $171,200 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Curry County?
Homeowners pay a median $1,017 a year, which is about 0.59% 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 Curry County?
For the median home with 20% down at 7.11%, the payment is about $1,077 a month. Keeping that under 28% of gross income takes about $46,151 a year.
More about Curry County
- Mortgage Refinance in Curry County
- Debt Relief in Curry County
- Home Equity Loans in Curry County
- 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