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Vaughn town, NM

ZIP 88353 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Low Income AreaLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 88353

Median Home Value
$45,800
Median Rent
$329
Affordability Snapshot
$13,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$294/mo PITI).

15%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

1.7x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

11.6 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 88353 in Vaughn town, NM, a household would need roughly $13,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $294. That sits below the local median household income ($26,613), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 35% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
61.7%-6% vs US avg
x
Vacancy Rate
35.0%+240% vs US avg
x
Broadband Access
56.7%-35% vs US avg
x
4+ Bedrooms
0.0%
x
Built Pre-1939
18.4%+44% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
14.5%-71% vs US avg
x
Mortgage-Free
89.2%+133% vs US avg
x
$45,800
Home Value
$329
Rent
1957
Year Built
2008
Moved In

Residents have lived here since ~2008 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached68.6%
  • 1-unit attached2.9%
  • 2-9 units6.1%
  • 10+ units4.3%
  • Mobile home & other18.1%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$45,800
Median rent$329
Owner-occupied61.7%
Vacant35.0%
Price-to-income1.7x
Est. income to buy$13,000