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Madrone, NM

Full City Profile · New Mexico · Valencia County County

3.1 /5.0
B Good
345 Population 112/sq mi density
$18,241 Median Income $15,241 per capita
$48,000 Home Value $263,775 Zillow
56°F Avg Temperature 330 sunny days/yr
1,937 Violent Crime/100K 7,153 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
C
Economy
2.2 / 5.0
$18,241 median income, 1.5% unemployment
A+
Affordability
5.0 / 5.0
$48,000 home value, /mo rent
F
Safety
1.0 / 5.0
1,937 violent crimes/100K (410% above avg)
A
Education
4.1 / 5.0
0.0% bachelor's degree or higher

Housing Overview

Median Home Value
$48,000
83% below
US avg: $281,900
Homeownership Rate
89.0%
36% above US avg (65.4%)
Total Housing Units
107
Median year built: 1983

Home Value by Source

Census Median
$48,000
Zillow (ZHVI)
$263,775
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

89.0%
Owner-Occupied
11.0%
Renter-Occupied
89%
11%
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
1983
Average age of housing stock: 43 years
Homeownership Rate
89.0%

Complete Housing Data

Home Values

Census Median Value$48,000
Zillow Home Value (ZHVI)$263,775

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-Occupied89.0%
Renter-Occupied11.0%
Homeownership Rate89.0%
Total Housing Units107
Median Year Built1983
Rent Burden29.6%