New Mexico

Housing

In 2002, New Mexico had an estimated 805,293 housing units, 681,931 of which were occupied; 69.3% were owner-occupied. About 38% of all housing units in New Mexico were built from 1970 to 1989. In 2002, about 61.5% of all units were single-family, detached homes; 18% were mobile homes. Utility gas and electricity were the most common heating energy sources. It was estimated that 63,185 units lacked telephone service, 12,152 lacked complete plumbing facilities, and 8,402 lacked complete kitchen facilities. The average household size was 2.67 people.

In 2002, 12,066 new privately owned units were authorized for construction. The median home value was $116,080. The median monthly cost for mortgage owners was $963. Renters paid a median of $528 per month. During 2002, New Mexico received more than $34.9 million in community planning and development aid from the US Department of Housing and Urban Development.