The typical owner-occupied home in Harding County is worth about $70,000, 72% below the New Mexico median of $248,100 and 79% below the national median of $332,700. Owners pay a median $305 a year in property taxes, about 0.44% of their home's value, lower than the New Mexico rate of 0.70%. The median household earns $48,553 a year, so the median home costs 1.4 times the median income (3.9 times for New Mexico). 77% of occupied homes here are lived in by their owners, and 9% of those owners still have a mortgage.
Harding County at a glance
| Harding County | New Mexico | U.S. | |
|---|---|---|---|
| Median home value | $70,000 | $248,100 | $332,700 |
| Median property tax paid per year | $305 | $1,731 | $3,119 |
| Property tax as a share of value | 0.44% | 0.70% | 0.94% |
| Median household income | $48,553 | $64,059 | $80,734 |
| Homes lived in by their owners | 77% | 70% | 65% |
| Owner homes with a mortgage | 9% | 52% | 61% |
| Median monthly costs, owners with a mortgage | $1,344 | $1,564 | $1,963 |
| Those costs as a share of the owners' income | 28.3% | 20.6% | 21.0% |
| Median rent | $1,038 | $1,067 | $1,413 |
| Rent as a share of renters' income | 9.0% | 30.1% | 30.6% |
| Median year homes were built | 1960 | 1985 | 1980 |
| Vacant homes | 42.3% | 12.5% | 10.1% |
| Population | 741 | 2,120,246 | 334,922,499 |
What a typical home costs per month in Harding County
At this week's average 30-year rate of 7.11%, buying the median Harding County home of $70,000 with 20% down costs about $432 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $548, 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 $18,495 for the 20%-down payment. That payment is 11% of the median Harding County household income of $48,553; at that income and 20% down, the 28% guideline points to a home of about $184,000.
The median rent here is $1,038 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $14,000 |
|---|---|
| Loan amount | $56,000 |
| Principal and interest | $377 |
| Property taxes (0.44% a year) | $26 |
| Homeowners insurance (our estimate, 0.5% a year) | $29 |
| PMI | $0 |
| Total per month | $432 |
Change the numbers in the calculator
| Down payment | $2,450 |
|---|---|
| Loan amount | $68,732 |
| Principal and interest | $462 |
| Property taxes (0.44% a year) | $26 |
| Homeowners insurance (our estimate, 0.5% a year) | $29 |
| FHA mortgage insurance | $31 |
| Total per month | $548 |
Change the numbers in the calculator
Questions about home buying in Harding County
What is the median home value in Harding County?
About $70,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Harding County?
Homeowners pay a median $305 a year, which is about 0.44% 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 Harding County?
For the median home with 20% down at 7.11%, the payment is about $432 a month. Keeping that under 28% of gross income takes about $18,495 a year.
More about Harding County
- Mortgage Refinance in Harding County
- Debt Relief in Harding County
- Home Equity Loans in Harding 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