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Cotton City, NM
Full City Profile · New Mexico · Grant County County
3.1
/5.0
B
Good
236
Population
9/sq mi density
$56,688
Median Income
$26,787 per capita
$191,700
Home Value
$217,337 Zillow
61°F
Avg Temperature
330 sunny days/yr
455
Violent Crime/100K
1,516 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$56,688 median income, 0.0% unemployment
A+
Affordability
4.8 / 5.0
$191,700 home value, /mo rent
F
Safety
1.0 / 5.0
455 violent crimes/100K (20% above avg)
C+
Education
2.5 / 5.0
18.8% bachelor's degree or higher
Housing Overview
Median Home Value
$191,700
32% below
US avg: $281,900
Homeownership Rate
89.5%
37% above US avg (65.4%)
Total Housing Units
198
Median year built: 1981
Home Value by Source
Census Median
$191,700
Zillow (ZHVI)
$217,337
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
89.5%
Owner-Occupied
10.5%
Renter-Occupied
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
29.6%
of renters spending 30%+ of income on housing
5% below US avg (31.0%)
Median Year Built
1981
Average age of housing stock: 45 years
Homeownership Rate
89.5%
Complete Housing Data
Home Values
| Census Median Value | $191,700 |
| Zillow Home Value (ZHVI) | $217,337 |
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-Occupied | 89.5% |
| Renter-Occupied | 10.5% |
| Homeownership Rate | 89.5% |
| Total Housing Units | 198 |
| Median Year Built | 1981 |
| Rent Burden | 29.6% |