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Affordable
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These days, finding an affordable place to live in the Texico area can be challenging. Home prices in Texico are now at a median cost of $222,243, lower than the New Mexico average of $265,486.
The average cost of rent is $975/mo in Texico, primarily driven by the current value of real estate in the Texico area. In Texico, 22.51% of households rent, and 55.32% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Texico is $6,042 per month. Households that rent pay about 16.14% of their income on rent here. Texico’s most expensive areas are in the northern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Farwell, TX: less expensive homes
- Clovis, NM: less expensive homes
- Hollene, NM: higher priced homes
- Lariat, TX: higher priced homes
- Cannon Air Force Base, NM: less expensive homes
- Bovina, TX: less expensive homes
- Ranchvale, NM: higher priced homes
- Grier, NM: higher priced homes
- St. Vrain, NM: higher priced homes
- Lazbuddie, TX: less expensive homes
Cities with Similar Populations
- Fountain, NC: less expensive homes
- Stanfordville, NY: higher priced homes
- Thrall, TX: higher priced homes
- Tillson, NY: higher priced homes
- Todd, NC: higher priced homes
- Oakville, CA: higher priced homes
- Orleans, MI: less expensive homes
- Robards, KY: less expensive homes
- Grant Park, IL: higher priced homes
- Gore, OK: less expensive homes
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