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Wagon Mound, NM
Full City Profile · New Mexico · Colfax County County
4.2
/5.0
A
Great
587
Population
581/sq mi density
$41,823
Median Income
$29,888 per capita
$611
Median Rent
15.0% income on rent
53°F
Avg Temperature
330 sunny days/yr
A
Overall
4.2 / 5.0
Strong
B+
Economy
3.8 / 5.0
$41,823 median income, 2.5% unemployment
A+
Affordability
5.0 / 5.0
B+
Education
3.7 / 5.0
33.3% bachelor's degree or higher
Housing Overview
Median Rent
$611/mo
47% below
US avg: $1,163/mo
Homeownership Rate
72.5%
11% above US avg (65.4%)
Total Housing Units
349
Median year built: 1938
Ownership vs. Renting
72.5%
Owner-Occupied
27.5%
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
Census median rent:
$611/mo
Affordability & Housing Stock
Rent Burden
15.0%
of renters spending 30%+ of income on housing
52% below US avg (31.0%)
Median Year Built
1938
Average age of housing stock: 88 years
Homeownership Rate
72.5%
Complete Housing Data
Home Values
| Zillow Home Value (ZHVI) | $230,621 |
Rent
| Census Median Rent | $611 |
| 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 | 72.5% |
| Renter-Occupied | 27.5% |
| Homeownership Rate | 72.5% |
| Total Housing Units | 349 |
| Median Year Built | 1938 |
| Rent Burden | 15.0% |