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Corona, NM

Full City Profile · New Mexico · Torrance County County

3.2 /5.0
B Good
167 Population 162/sq mi density
$28,542 Median Income $26,622 per capita
$85,600 Home Value $152,756 Zillow
53°F Avg Temperature 330 sunny days/yr
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
C+
Economy
2.8 / 5.0
$28,542 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$85,600 home value, /mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
C
Education
2.3 / 5.0
16.4% bachelor's degree or higher

Housing Overview

Median Home Value
$85,600
70% below
US avg: $281,900
Homeownership Rate
76.7%
17% above US avg (65.4%)
Total Housing Units
109
Median year built: 1966

Home Value by Source

Census Median
$85,600
Zillow (ZHVI)
$152,756
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

76.7%
Owner-Occupied
23.3%
Renter-Occupied
77%
23%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$828/mo
1 Bedroom
$927/mo
2 Bedroom
$1,129/mo
3 Bedroom
$1,496/mo
4 Bedroom
$1,758/mo

Affordability & Housing Stock

Rent Burden
25.7%
of renters spending 30%+ of income on housing
17% below US avg (31.0%)
Median Year Built
1966
Average age of housing stock: 60 years
Homeownership Rate
76.7%

Complete Housing Data

Home Values

Census Median Value$85,600
Zillow Home Value (ZHVI)$152,756

Rent

FMR Studio$828
FMR 1-Bedroom$927
FMR 2-Bedroom$1,129
FMR 3-Bedroom$1,496
FMR 4-Bedroom$1,758

Market

Ownership & Stock

Owner-Occupied76.7%
Renter-Occupied23.3%
Homeownership Rate76.7%
Total Housing Units109
Median Year Built1966
Rent Burden25.7%