San Miguel County Area Home Supply Charts

This page looks at a variety of San Miguel County New Mexico housing market data taken from the most recent 2021 American Community Survey census data. Housing units are structures such as a single family home, apartment community, mobile home park, public housing, etc. where a person or family live and live separately from other residents of the building. Figure 1 shows the total number of housing units for each city. San Miguel County depicts it has a Housing Units of 16,034 which is the second most housing units of all the counties in the greater San Miguel County region.

Figure 2 illustrates the housing density in the San Miguel County housing market as measured by housing units per square land mile (includes single family homes, apartments, etc.) San Miguel County shows it has a Housing Density of 3.4 which is the second most housing densities of all the counties in the greater San Miguel County region. The county with the highest housing density in the area is Santa Fe County which shows a density of 38.5 ( very much bigger). Comparing housing density to the United States average of 39.2, San Miguel County is approximately a twelfth the size. Also, measured against the state of New Mexico, housing density of 7.8, San Miguel County is approximately half the size.

In Figure 4, San Miguel County area change in the number of housing units and is a forward gauge (along with population change) for any potential housing shortage. San Miguel County depicts it has a Housing Unit Change of 2.8% which is less than most other counties in the local area. The county with the highest change in the housing units in the area is Guadalupe County which depicts a housing units of 9.4% (approximately 3.3 times bigger). Comparing change in the housing units to the United States average of 6.5%, San Miguel County is approximately half the size. Also, compared to the state of New Mexico, change in the housing units of 4.7%, San Miguel County is approximately three-fourths the size.

Figure 5 shows the percentage of rental property based on that they are occupied by renters as a percent of the total number of households in the community (including homes, apartments, etc.) San Miguel County depicts it has a Renter Percent of 30.1% which is less than most other counties in the local area. Figure 6 illustrates the total number of housing units that are occupied by owners. it has a Owner Percent of 69.9% which is the third most owner percent of all other counties in the greater San Miguel County region.

San Miguel County Home Cost Charts

Looking at the housing data provided in Figure 7, the average San Miguel County home price is illustrated for this community and a useful analysis of affordable housing. San Miguel County shows it has a Median Home Value of $138,300 which is the second most median home prices of all the counties in the greater San Miguel County region. The county with the highest median home price in the area is Santa Fe County which depicts a home price of $294,800 (about twice as large). Figure 8 provides aggregate comparative data for the San Miguel County New Mexico metro area in terms of the median housing rental rate, apartment rent, etc. San Miguel County depicts it has a Median Gross Rent of $651 which is the third most rental rates of all other counties in the greater San Miguel County region. The county with the highest rental rates in the area is Santa Fe County which depicts a rental rates of $1,092 (67.7% larger). Comparing rental rates to the United States average of $1,096, San Miguel County is approximately three-fourths the size. Also, compared to the state of New Mexico, rental rates of $857, San Miguel County is approximately three-fourths the size.

Figure 9 provides the frequency distribution of home prices for the area and is useful for understanding affordable housing fund. San Miguel County has the percentage of home price worth less than $50,000 less than most other counties in the surrounding region at 18% of the total. Second, it has the largest proportion of home price worth between $50,000 to $100,000 at 35% of the total and is ranked #1.

Median owner costs for the real estate market are shown in Figure 10 and include the costs associated with any mortgage, utility expenses, insurance, and other miscellaneous costs. San Miguel County shows it has a Median Owner Cost of $480 which is the third most median ownership cost of all other counties in the greater San Miguel County region. Figure 11 shows the median amount of cost as a percent of total household income for people who own homes in the San Miguel County metro area. it has a Owner Cost as % of HH Income of 16% which is in the center range of other counties in the metro area.

The next chart, Figure 12, provides a comparison chart of the median home cost as a percent of a median worker take home earnings and is thus a valuable measure of affordable housing. San Miguel County shows it has a Median Home Value as Percent of Median Earnings of 386% which is the second most median home value as a percent of median worker earnings of all the counties in the greater San Miguel County region.

Figure 14 depicts the median cost of housing for owners with also have a mortgages (versus those who do not have a mortgage because mortgage cost is included.) San Miguel County depicts it has a Median Owner Costs-With Mortgage of $1,156 which is the third most median housing cost of all other counties in the greater San Miguel County region. Figure 15 is a chart that shows the median housing costs for owners who do not have mortgages (and therefore the cost of home ownership does not include mortgage cost.) it has a Median Owner Costs-Without Mortgage of $350 which is in the center range of other counties in the metropolitan area.

Figure 16 shows the distribution in total housing cost for owners of property (so not renters.) This cost includes mortgages, lines of credit interest, utilities, taxes, insurance, etc. San Miguel County has the percentage of owner cost less than $300 in the mid point range of other counties in the metro area at 33% of the total. Second, it has the largest proportion of owner cost between $300 and $500 at 16% of the total and is ranked #1.

Next shown in Figure 17 is the housing cost as a percent of household income for people who own their homes and have a mortgages (thus the cost of financing the home is included.) San Miguel County depicts it has a % of Income Owner Costs-With Mortgage of 23% which is the second smallest as measured by cost as a percent of household income of all the other counties in the metropolitan area. The county with the highest cost as a percent of household income in the area is Quay County which depicts a cost as a percent of household income of 28% (23.1% larger). Housing cost as a percent of household income for owners who do not have a mortgage is shown in Figure 18. This analysis can be useful for understanding the affordable housing for home ownership excluding any financing cost in the area shown. San Miguel County depicts it has a % of Income Owner Costs-No Mortgage of 13% which is in the mid range of other counties in the local area. The county with the highest cost as a percent of household income in the area is Mora County which shows a cost as a percent of household income of 15% (14.6% larger).

Figure 19 looks at the cost of rent for rental property using the percent of total household income which is a valuable measure of financial health for the area. (The higher the proportion of rent payments to total household income is a sign of greater financial stress. Also, rent can be covered by rent assistance and rent assistance programs in the form of rent assistance.) San Miguel County has the percentage of rent as a percent of income is less than 10 pct in the mid range of other counties in the metro area at 19% of the total. Second, it has one of the largest proportions of rent as a percent of income is between 10pct to 20pct at 20% of the total and is ranked #3. Only #2 Santa Fe County (21%), and #1 Guadalupe County (28%) are larger. Third, it has the smallest proportion of rent as a percent of income is between 20pct to 30pct at 8% of the total. Also, it has the largest proportion of rent as a percent of income is between 30pct to 40pct at 11% of the total and is ranked #1. In addition, it has the largest proportion of rent as a percent of income is between 40pct to 50pct at 23% of the total and is ranked #1.

Figure 20 shows the total housing cost for both home owners and apartment community renters in the area. San Miguel County has the largest proportion of housing cost between $300 and $500 at 17% of the total and is ranked #1.

Figure 21 shows median amount of real estate taxes paid for home owners in the region. it has a Median Real Estate Taxes Paid of $810 which is the second most median real estate taxes paid of all the counties in the greater San Miguel County region. The county with the highest median real estate taxes paid in the area is Santa Fe County which indicates a taxes paid of $1,648 (about twice as large). Comparing median real estate taxes paid to the United States average of $2,551, San Miguel County is approximately a third the size. Also, benchmarked against the state of New Mexico, median real estate taxes paid of $1,399, San Miguel County is approximately half the size.

Figure 22 shows the percentage of renters who pay for utilities in San Miguel County New Mexico. This is calculated as the percent of renters who pay separately for utilities versus the people who have utilities included as part of amenities. San Miguel County has the percentage of pay extra for utilities the second smallest in terms of pay extra for utilities of all the other counties in the greater region at 6% of the total.

Figure 23 shows the rental rate distribution for this area. San Miguel County New Mexico has one of the largest proportions of rent between 300 and 500 dollars at 26% of the total and is ranked #2. The only larger county being Quay County with 36%.

San Miguel County Home Characteristics Charts

Figure 28 shows the household size for families living in the area and it has a Family size of 3.0 which is less than most other counties in the area. The county with the highest family members per housing unit in the area is Guadalupe County which depicts a family members per housing unit of 4.0 (34.3% larger). Comparing family members per housing unit to the United States average of 3.3, San Miguel County is about 9.7% smaller. Also, benchmarked against the state of New Mexico, family members per housing unit of 3.4, San Miguel County is about 12.7% smaller.

Figure 29 show the median number of rooms in a typical home for each location in this area. it has a Median Number of Rooms of 5.2 which is the second most of all the counties in the greater region. The county with the highest average number of rooms in a house in the area is Quay County which depicts an average number of rooms in a house of 5.3 ( only slightly larger). Figure 30 shows, for the average house in each location, the median year that a house was built. This can be useful for understanding the relative age of one neighborhood versus another for a real estate investor. it has a Median Year Built of 1980 which is the second most year built of all the counties in the greater San Miguel County region. The county with the highest year built in the area is Santa Fe County which depicts a year built of 1988 ( about the same size).

Figure 31 looks at the distribution of housing units by the median age that the homes were built. it has one of the largest proportions of homes built between 2010 to 2013 at 10% of the total and is ranked #3. Only #2 Colfax County (12%), and #1 Santa Fe County (19%) are larger. Second, it has one of the largest proportions of homes built between 2000 to 2009 at 22% of the total and is ranked #2. The only larger county being Santa Fe County with 23%. Third, it has the second smallest when sorted by homes built in 2014 or later of all the other counties in the local area in order of homes built between 1960 to 1969 at 7% of the total. Also, it has the smallest proportion of homes built between 1950 to 1959 at 3% of the total.

Figure 32 shows the difference in the number of housing units based on whether they are occupied by owners versus occupied by renters. it has one of the largest proportions of owner housing units at 3,589 of the total and is ranked #2. The only larger county being Santa Fe County with 18,205.

Figure 33 shows the difference in the number of housing units based on whether they are occupied by owners or renters. it has the largest proportion of 50 or more units at 35% of the total and is ranked #1.

Figure 34 shows the median value of homes broken down by the median year that the homes were built. it has one of the largest proportions of value of homes built 2014 or later at $158,100 of the total and is ranked #3. Only #2 Colfax County ($227,800), and #1 Santa Fe County ($327,800) are larger. Second, it has less than most other counties in the metro area when sorted by value of homes built 2010 to 2013 at $163,700 of the total. Third, it has one of the largest proportions of value of homes built 2000 to 2009 at $144,400 of the total and is ranked #3. Only #2 Quay County ($148,000), and #1 Santa Fe County ($276,600) are larger. Also, it has one of the largest proportions of value of homes built 1990 to 1999 at $109,000 of the total and is ranked #3. Only #2 Colfax County ($134,900), and #1 Santa Fe County ($284,200) are larger. In addition, it has one of the largest proportions of value of homes built 1980 to 1989 at $125,400 of the total and is ranked #3. Only #2 Colfax County ($170,500), and #1 Santa Fe County ($264,800) are larger. Furthermore, it has one of the largest proportions of value of homes built 1970 to 1979 at $164,400 of the total and is ranked #2. The only larger county being Santa Fe County with $276,800. Next it has in the middle range of other counties in the area in terms of value of homes built 1960 to 1969 at $123,600 of the total. Additionally, it has one of the largest proportions of value of homes built 1950 to 1959 at $160,900 of the total and is ranked #2. The only larger county being Santa Fe County with $281,800. And then, it has one of the largest proportions of value of homes built 1940 to 1949 at $126,800 of the total and is ranked #3. Only #2 Mora County ($156,100), and #1 Santa Fe County ($401,900) are larger.

Figure 35 compares the total number of occupied housing units to vacant housing units. This analysis can be used to understand any housing shortage in the community. has the percentage of occupied housing units the second smallest when sorted by occupied housing units of all the other counties in the metropolitan area at 26% of the total.

The next two charts show both the average household size of homeowners versus the average household size of renters. Starting with Figure 36 we see the household size of homeowners for San Miguel County residents. it has a Owner-Household Size of 2.3 which is less than most other counties in the metropolitan area. The county with the highest homeowner household size in the area is Guadalupe County which depicts a homeowner household size of 3.1 (35.1% larger).

Figure 37 shows the household size for renters. San Miguel County shows it has a Renter-Household Size of 1.9 which is in the center range of other counties in the greater region. The county with the highest renter household size in the area is Quay County which depicts a renter household sizes of 2.5 (30.4% larger). Figure 38 shows the year that people who own homes moved into this region. has the percentage of owners moved in 2019 or later the second smallest when ranked by owners moved in 2019 or later of all the other counties in the local area at 9% of the total. Second, it has the second smallest as measured by owners moved in 2019 or later of all the other counties in the greater region when sorted by owners moved in 2015 to 2018 at 8% of the total. Third, it has one of the largest proportions of owners moved in 2000 to 2009 at 24% of the total and is ranked #2. The only larger county being Mora County with 28%. Figure 39 shows the year that people who rent moved into the area. San Miguel County has the percentage of renters moved in 2019 or later in the middle range of other counties in the greater region at 47% of the total. Second, it has less than most other counties in the local area when sorted by renters moved in 2015 to 2018 at 20% of the total.

Figure 40 compares the median year that home owners moved into their home. it has a Owner Median Year Moved In of 1998 which is less than most other counties in the local area. Figure 41 compares the median year that renters moved into their home. San Miguel County shows it has a Renter Median Year Moved In of 2015 which is the third most median year that a renter moved in of all other counties in the greater San Miguel County region.

Figure 42 shows the frequency distribution of various types of energy sources used for homes in the community. has the percentage of homes using natural gas less than most other counties in the local area at 16% of the total. Second, it has the second smallest when sorted by homes using natural gas of all the other counties in the metro area as measured by home using bottled, tank, or lp gas at 11% of the total. Third, it has the largest proportion of home using electricity at 1% of the total and is ranked #1. Also, it has one of the largest proportions of homes using coal or coke at 36% of the total and is ranked #2. The only larger county being Mora County with 56%. In addition, it has the largest proportion of homes using wood at 1% of the total and is ranked #1. Furthermore, it has one of the largest proportions of homes using solar energy at 6% of the total and is ranked #2. The only larger county being Harding County with 6%.

The next two charts show the number of people living in group quarters and includes temporary as well permanent housing which may be run by the San Miguel County housing department, New Mexico department, or other housing authority or public housing agency. beginning with Figure 43 which shows the total number of people. San Miguel County shows it has a Total In Group Quarters of 1,615 which is the second most number of people in group quarters of all the counties in the greater San Miguel County region.

Figure 44 shows the percentage of people who are living in group quarters to the total population for San Miguel County residents (these may include colleges and jails but also community centers for homelessness or that require a housing choice voucher which are run by certain nonprofits or an affordable housing department.) San Miguel County has the percentage of number of people under 18 years of age and in group quarters the second smallest when sorted by number of people under 18 years of age and in group quarters of all the other counties in the local area at 95% of the total.