The typical owner-occupied home in Church Rock is worth about $39,100, 84% below the New Mexico median of $248,100 and 88% below the national median of $332,700. The median household earns $35,083 a year, so the median home costs 1.1 times the median income (3.9 times for New Mexico). 67% of occupied homes here are lived in by their owners, and 10% of those owners still have a mortgage.
Church Rock at a glance
| Church Rock | New Mexico | U.S. | |
|---|---|---|---|
| Median home value | $39,100 | $248,100 | $332,700 |
| Median property tax paid per year | – | $1,731 | $3,119 |
| Median household income | $35,083 | $64,059 | $80,734 |
| Homes lived in by their owners | 67% | 70% | 65% |
| Owner homes with a mortgage | 10% | 52% | 61% |
| Median monthly costs, owners with a mortgage | $1,134 | $1,564 | $1,963 |
| Those costs as a share of the owners' income | 30.4% | 20.6% | 21.0% |
| Median rent | $780 | $1,067 | $1,413 |
| Rent as a share of renters' income | 15.0% | 30.1% | 30.6% |
| Median year homes were built | 1991 | 1985 | 1980 |
| Vacant homes | 16.9% | 12.5% | 10.1% |
| Population | 1,381 | 2,120,246 | 334,922,499 |
What a typical home costs per month in Church Rock
At this week's average 30-year rate of 7.11%, buying the median Church Rock home of $39,100 with 20% down costs about $263 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $328, 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 $11,252 for the 20%-down payment. That payment is 9% of the median Church Rock household income of $35,083; at that income and 20% down, the 28% guideline points to a home of about $122,000.
The median rent here is $780 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $7,820 |
|---|---|
| Loan amount | $31,280 |
| Principal and interest | $210 |
| Property taxes (1.10% a year) | $36 |
| Homeowners insurance (our estimate, 0.5% a year) | $16 |
| PMI | $0 |
| Total per month | $263 |
Change the numbers in the calculator
| Down payment | $1,368 |
|---|---|
| Loan amount | $38,392 |
| Principal and interest | $258 |
| Property taxes (1.10% a year) | $36 |
| Homeowners insurance (our estimate, 0.5% a year) | $16 |
| FHA mortgage insurance | $17 |
| Total per month | $328 |
Change the numbers in the calculator
Questions about home buying in Church Rock
What is the median home value in Church Rock?
About $39,100 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 Church Rock?
For the median home with 20% down at 7.11%, the payment is about $263 a month. Keeping that under 28% of gross income takes about $11,252 a year.
More about Church Rock
- Mortgage Refinance in Church Rock
- Debt Relief in Church Rock
- Home Equity Loans in Church 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