The typical owner-occupied home in White Rock is worth about $500,700, 2.0 times the New Mexico median of $248,100 and 50% above the national median of $332,700. Owners pay a median $2,681 a year in property taxes, about 0.54% of their home's value, lower than the New Mexico rate of 0.70%. The median household earns $156,639 a year, so the median home costs 3.2 times the median income (3.9 times for New Mexico). 98% of occupied homes here are lived in by their owners, and 66% of those owners still have a mortgage.
White Rock at a glance
| White Rock | New Mexico | U.S. | |
|---|---|---|---|
| Median home value | $500,700 | $248,100 | $332,700 |
| Median property tax paid per year | $2,681 | $1,731 | $3,119 |
| Property tax as a share of value | 0.54% | 0.70% | 0.94% |
| Median household income | $156,639 | $64,059 | $80,734 |
| Homes lived in by their owners | 98% | 70% | 65% |
| Owner homes with a mortgage | 66% | 52% | 61% |
| Median monthly costs, owners with a mortgage | $2,487 | $1,564 | $1,963 |
| Those costs as a share of the owners' income | 16.8% | 20.6% | 21.0% |
| Median rent | – | $1,067 | $1,413 |
| Median year homes were built | 1973 | 1985 | 1980 |
| Vacant homes | 10.9% | 12.5% | 10.1% |
| Population | 5,716 | 2,120,246 | 334,922,499 |
What a typical home costs per month in White Rock
At this week's average 30-year rate of 7.11%, buying the median White Rock home of $500,700 with 20% down costs about $3,129 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $3,963, 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 $134,080 for the 20%-down payment. That payment is 24% of the median White Rock household income of $156,639; at that income and 20% down, the 28% guideline points to a home of about $585,000.
| Down payment | $100,140 |
|---|---|
| Loan amount | $400,560 |
| Principal and interest | $2,695 |
| Property taxes (0.54% a year) | $225 |
| Homeowners insurance (our estimate, 0.5% a year) | $209 |
| PMI | $0 |
| Total per month | $3,129 |
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| Down payment | $17,524 |
|---|---|
| Loan amount | $491,631 |
| Principal and interest | $3,307 |
| Property taxes (0.54% a year) | $225 |
| Homeowners insurance (our estimate, 0.5% a year) | $209 |
| FHA mortgage insurance | $221 |
| Total per month | $3,963 |
Change the numbers in the calculator
Questions about home buying in White Rock
What is the median home value in White Rock?
About $500,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in White Rock?
Homeowners pay a median $2,681 a year, which is about 0.54% 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 White Rock?
For the median home with 20% down at 7.11%, the payment is about $3,129 a month. Keeping that under 28% of gross income takes about $134,080 a year.
More about White Rock
- Mortgage Refinance in White Rock
- Debt Relief in White Rock
- Home Equity Loans in White Rock
- 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