The typical owner-occupied home in Moriarty is worth about $108,500, 56% below the New Mexico median of $248,100 and 67% below the national median of $332,700. Owners pay a median $722 a year in property taxes, about 0.67% of their home's value, close to the New Mexico rate of 0.70%. The median household earns $31,650 a year, so the median home costs 3.4 times the median income (3.9 times for New Mexico). 63% of occupied homes here are lived in by their owners, and 51% of those owners still have a mortgage.
Moriarty at a glance
| Moriarty | New Mexico | U.S. | |
|---|---|---|---|
| Median home value | $108,500 | $248,100 | $332,700 |
| Median property tax paid per year | $722 | $1,731 | $3,119 |
| Property tax as a share of value | 0.67% | 0.70% | 0.94% |
| Median household income | $31,650 | $64,059 | $80,734 |
| Homes lived in by their owners | 63% | 70% | 65% |
| Owner homes with a mortgage | 51% | 52% | 61% |
| Median monthly costs, owners with a mortgage | $961 | $1,564 | $1,963 |
| Those costs as a share of the owners' income | 30.4% | 20.6% | 21.0% |
| Median rent | $743 | $1,067 | $1,413 |
| Rent as a share of renters' income | 36.5% | 30.1% | 30.6% |
| Median year homes were built | 1986 | 1985 | 1980 |
| Vacant homes | 23.7% | 12.5% | 10.1% |
| Population | 2,102 | 2,120,246 | 334,922,499 |
What a typical home costs per month in Moriarty
At this week's average 30-year rate of 7.11%, buying the median Moriarty home of $108,500 with 20% down costs about $690 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $870, 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 $29,559 for the 20%-down payment. That payment is 26% of the median Moriarty household income of $31,650; at that income and 20% down, the 28% guideline points to a home of about $116,000.
The median rent here is $743 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $21,700 |
|---|---|
| Loan amount | $86,800 |
| Principal and interest | $584 |
| Property taxes (0.67% a year) | $61 |
| Homeowners insurance (our estimate, 0.5% a year) | $45 |
| PMI | $0 |
| Total per month | $690 |
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| Down payment | $3,798 |
|---|---|
| Loan amount | $106,535 |
| Principal and interest | $717 |
| Property taxes (0.67% a year) | $61 |
| Homeowners insurance (our estimate, 0.5% a year) | $45 |
| FHA mortgage insurance | $48 |
| Total per month | $870 |
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Questions about home buying in Moriarty
What is the median home value in Moriarty?
About $108,500 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Moriarty?
Homeowners pay a median $722 a year, which is about 0.67% 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 Moriarty?
For the median home with 20% down at 7.11%, the payment is about $690 a month. Keeping that under 28% of gross income takes about $29,559 a year.
More about Moriarty
- Mortgage Refinance in Moriarty
- Debt Relief in Moriarty
- Home Equity Loans in Moriarty
- 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