The typical owner-occupied home in Crownpoint is worth about $61,100, 75% below the New Mexico median of $248,100 and 82% below the national median of $332,700. The median household earns $51,011 a year, so the median home costs 1.2 times the median income (3.9 times for New Mexico). 44% of occupied homes here are lived in by their owners, and 20% of those owners still have a mortgage.
Crownpoint at a glance
| Crownpoint | New Mexico | U.S. | |
|---|---|---|---|
| Median home value | $61,100 | $248,100 | $332,700 |
| Median property tax paid per year | – | $1,731 | $3,119 |
| Median household income | $51,011 | $64,059 | $80,734 |
| Homes lived in by their owners | 44% | 70% | 65% |
| Owner homes with a mortgage | 20% | 52% | 61% |
| Median monthly costs, owners with a mortgage | $1,587 | $1,564 | $1,963 |
| Those costs as a share of the owners' income | 23.7% | 20.6% | 21.0% |
| Median rent | $593 | $1,067 | $1,413 |
| Rent as a share of renters' income | 20.9% | 30.1% | 30.6% |
| Median year homes were built | 1983 | 1985 | 1980 |
| Vacant homes | 20.5% | 12.5% | 10.1% |
| Population | 2,882 | 2,120,246 | 334,922,499 |
What a typical home costs per month in Crownpoint
At this week's average 30-year rate of 7.11%, buying the median Crownpoint home of $61,100 with 20% down costs about $410 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $512, 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 $17,584 for the 20%-down payment. That payment is 10% of the median Crownpoint household income of $51,011; at that income and 20% down, the 28% guideline points to a home of about $177,000.
The median rent here is $593 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $12,220 |
|---|---|
| Loan amount | $48,880 |
| Principal and interest | $329 |
| Property taxes (1.10% a year) | $56 |
| Homeowners insurance (our estimate, 0.5% a year) | $25 |
| PMI | $0 |
| Total per month | $410 |
Change the numbers in the calculator
| Down payment | $2,138 |
|---|---|
| Loan amount | $59,993 |
| Principal and interest | $404 |
| Property taxes (1.10% a year) | $56 |
| Homeowners insurance (our estimate, 0.5% a year) | $25 |
| FHA mortgage insurance | $27 |
| Total per month | $512 |
Change the numbers in the calculator
Questions about home buying in Crownpoint
What is the median home value in Crownpoint?
About $61,100 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 Crownpoint?
For the median home with 20% down at 7.11%, the payment is about $410 a month. Keeping that under 28% of gross income takes about $17,584 a year.
More about Crownpoint
- Mortgage Refinance in Crownpoint
- Debt Relief in Crownpoint
- Home Equity Loans in Crownpoint
- 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