Omaha Mortgage Calculator for Cliff, New Mexico (88028)

Free omaha mortgage calculator for residents of Cliff, New Mexico. Calculate your monthly mortgage payment in Omaha, NE. Includes Nebraska property tax and insurance rates so you know your true housing cost.

MEDIAN HOUSEHOLD INCOME
$50,428
per year in Cliff
MEDIAN HOME VALUE
$262,766
in Cliff, NM
HOUSING AFFORDABILITY: EXPENSIVE

Home prices are high relative to local incomes, making homeownership challenging.

Local Context for Cliff, New Mexico

In Cliff, New Mexico (Grant County, ZIP area), the median household income is $50,428 per year and the median home value is $262,766. Use this free calculator for accurate, instant results tailored to your needs. No sign-up or account required.

About Cliff, New Mexico (ZIP 88028)

City Cliff, New Mexico
County Grant County
ZIP Code 88028
State New Mexico
Time Zone Denver
Median Household Income $50,428/year
Median Home Value $262,766

Housing & Cost of Living — Cliff, New Mexico

Affordability Tier Moderately Expensive
Price-to-Income Ratio 4.1x
Est. Monthly Mortgage (20% down, 6.65%) $1,062/mo
Mortgage as % of Monthly Income 25.3%
Income vs. National Median 32% below the national median
Income Tier Lower-Middle Income
Home Value vs. National Median 33% below the national median
Housing Market Tier Affordable Market
Cost of Living Index 70 (Significantly Below Average)

With a price-to-income ratio of 4.1x — above the national average of 4.1x — buyers in this area need to stretch further relative to their income.

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