The typical owner-occupied home in Animas is worth about $124,200, 50% below the New Mexico median of $248,100 and 63% below the national median of $332,700. The median household earns $103,125 a year, so the median home costs 1.2 times the median income (3.9 times for New Mexico). 77% of occupied homes here are lived in by their owners, and 54% of those owners still have a mortgage.
Animas at a glance
| Animas | New Mexico | U.S. | |
|---|---|---|---|
| Median home value | $124,200 | $248,100 | $332,700 |
| Median property tax paid per year | – | $1,731 | $3,119 |
| Median household income | $103,125 | $64,059 | $80,734 |
| Homes lived in by their owners | 77% | 70% | 65% |
| Owner homes with a mortgage | 54% | 52% | 61% |
| Median monthly costs, owners with a mortgage | – | $1,564 | $1,963 |
| Median rent | – | $1,067 | $1,413 |
| Median year homes were built | 1981 | 1985 | 1980 |
| Vacant homes | 46.1% | 12.5% | 10.1% |
| Population | 186 | 2,120,246 | 334,922,499 |
What a typical home costs per month in Animas
At this week's average 30-year rate of 7.11%, buying the median Animas home of $124,200 with 20% down costs about $834 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,041, 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 $35,743 for the 20%-down payment. That payment is 10% of the median Animas household income of $103,125; at that income and 20% down, the 28% guideline points to a home of about $358,000.
| Down payment | $24,840 |
|---|---|
| Loan amount | $99,360 |
| Principal and interest | $668 |
| Property taxes (1.10% a year) | $114 |
| Homeowners insurance (our estimate, 0.5% a year) | $52 |
| PMI | $0 |
| Total per month | $834 |
Change the numbers in the calculator
| Down payment | $4,347 |
|---|---|
| Loan amount | $121,950 |
| Principal and interest | $820 |
| Property taxes (1.10% a year) | $114 |
| Homeowners insurance (our estimate, 0.5% a year) | $52 |
| FHA mortgage insurance | $55 |
| Total per month | $1,041 |
Change the numbers in the calculator
Questions about home buying in Animas
What is the median home value in Animas?
About $124,200 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
What income do you need to buy a home in Animas?
For the median home with 20% down at 7.11%, the payment is about $834 a month. Keeping that under 28% of gross income takes about $35,743 a year.
More about Animas
- Mortgage Refinance in Animas
- Debt Relief in Animas
- Home Equity Loans in Animas
- 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