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Twin Lakes, NM Housing

 
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As of 2010-2014, median price of a house in Twin Lakes is $59,700, which is much lower than the state average of $159,300 and is much lower than the national average of $175,700. The Twin Lakes median house value has grown by 447.71% since 2000. The growth rate for the price of a house in Twin Lakes is much higher than the state average rate of 47.36% and is much higher than the national average rate of 46.91%. The median year that a house in Twin Lakes was built is 1981, which is about the same as the median year for a house built in the state which is 1981 and is newer than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 177 Owner Occupied Houses in Twin Lakes, NM, #308
Twin Lakes, NM
59,700 USD
New Mexico
159,300 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #3
Twin Lakes, NM
447.71%
New Mexico
47.36%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Twin Lakes, NMNew MexicoU.S.
Total Housing Units336, see rank, 100%907,233132,741,033
Occupied Housing Units218, 64.88%, see rank84.29%87.55%
Owner Occupied177, 52.68%, see rank57.46%56.34%
Renter Occupied41, 12.20%, see rank26.83%31.21%
Vacant Housing Units118, 35.12%, see rank15.71%12.45%
For Rent5, 1.49%, see rank2.38%2.34%
For Sale Only0, 0.00%, see rank1.36%1.20%
Rented or Sold, Not Occupied0, 0.00%, see rank0.84%0.92%
For Seasonal, Recreational, or Occasional Use27, 8.04%, see rank5.69%3.97%
For Migrant Workers0, 0.00%, see rank0.11%0.03%
Other Vacant86, 25.60%, see rank5.34%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #169
Twin Lakes, NMNew MexicoU.S.
198119811976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Twin Lakes, NM%New MexicoU.S.
Owner-Occupied Units177100%521,27874,787,460
With a Mortgage84.52%, see rank58.53%65.58%
Without a Mortgage16995.48%, see rank41.47%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Twin Lakes, NM
480 USD
New Mexico
1,242 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsTwin Lakes, NM%New MexicoU.S.
$299 or Less00.00%, see rank0.22%0.20%
$300 to $499562.50%, see rank2.56%1.59%
$500 to $69900.00%, see rank8.36%5.01%
$700 to $999337.50%, see rank20.68%14.32%
$1,000 to $1,49900.00%, see rank34.20%27.90%
$1,500 to $1,99900.00%, see rank18.89%20.35%
$2,000 to $2,99900.00%, see rank11.36%19.52%
$3,000 or More00.00%, see rank3.72%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Twin Lakes, NM
11.70% of the Total Income
New Mexico
23.20% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Twin Lakes, NM%New MexicoU.S.
10% or Less337.50%, see rank7.26%5.86%
10% to 20%562.50%, see rank32.85%31.95%
20% to 30%00.00%, see rank25.70%27.64%
30% to 40%00.00%, see rank12.87%13.74%
40% or More00.00%, see rank20.48%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Twin Lakes, NM
178 USD
New Mexico
324 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsTwin Lakes, NM%New MexicoU.S.
$199 or Less10059.17%, see rank19.60%7.76%
$200 to $2993721.89%, see rank24.69%14.70%
$300 to $4992917.16%, see rank37.15%34.63%
$500 to $69931.78%, see rank12.63%21.16%
$700 to $99900.00%, see rank0.00%0.00%
$1,000 or More00.00%, see rank0.00%0.00%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Twin Lakes, NM
10.00% of the Total Income
New Mexico
10.00% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Twin Lakes, NM%New MexicoU.S.
10% or Less8047.34%, see rank49.80%40.19%
10% to 20%3118.34%, see rank27.25%31.47%
20% to 30%105.92%, see rank9.72%12.24%
30% to 40%31.78%, see rank4.52%5.64%
40% or More74.14%, see rank6.81%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Twin Lakes, NMNew MexicoU.S.
Total Housing Units336, 100%907,233132,741,033
1-unit, Detached268, 79.76%, see rank64.81%61.65%
1-unit, Attached0, 0.00%, see rank3.71%5.82%
2 Units0, 0.00%, see rank1.92%3.75%
3 or 4 Units0, 0.00%, see rank3.65%4.43%
5 to 9 Units0, 0.00%, see rank2.72%4.78%
10 or More Units0, 0.00%, see rank6.53%13.08%
Mobile Home, Boat, RV, Van, etc.68, 20.24%, see rank16.67%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Twin Lakes, NMNew MexicoU.S.
Total Housing Units336, 100%907,233132,741,033
1 Room78, 23.21%, see rank2.62%1.95%
2 Rooms3, 0.89%, see rank2.34%2.48%
3 Rooms20, 5.95%, see rank7.65%9.13%
4 Rooms49, 14.58%, see rank17.57%16.60%
5 Rooms93, 27.68%, see rank24.59%20.41%
6 Rooms46, 13.69%, see rank20.08%18.06%
7 Rooms41, 12.20%, see rank12.20%12.27%
8 Rooms3, 0.89%, see rank6.66%8.48%
9 Rooms or More3, 0.89%, see rank6.29%10.60%
Median Rooms4.70, see rank5.305.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Twin Lakes, NMNew MexicoU.S.
Total Housing Units336, 100%907,233132,741,033
No Bedroom78, 23.21%, see rank2.87%2.17%
1 Bedroom17, 5.06%, see rank9.24%11.16%
2 Bedrooms69, 20.54%, see rank25.66%26.69%
3 Bedrooms128, 38.10%, see rank46.23%39.70%
4 Bedrooms38, 11.31%, see rank13.82%16.05%
5 or More Bedrooms6, 1.79%, see rank2.18%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Twin Lakes, NMNew MexicoU.S.
Total Housing Units218, 100%764,684116,211,092
Utility Gas34, 15.60%, see rank66.93%48.85%
Bottled, Tank, or LP Gas18, 8.26%, see rank8.60%4.86%
Electricity21, 9.63%, see rank16.11%36.68%
Fuel Oil, Kerosene, etc.0, 0.00%, see rank0.13%5.86%
Coal or Coke0, 0.00%, see rank0.04%0.12%
Wood141, 64.68%, see rank6.80%2.12%
Solar Energy0, 0.00%, see rank0.26%0.05%
Other Fuel4, 1.83%, see rank0.94%0.47%
No Fuel Used0, 0.00%, see rank0.19%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalTwin Lakes, NMNew MexicoU.S.
Occupied Units Paying Rent29, 100%224,78639,201,928
$199 or Less10, 34.48%, see rank1.92%1.50%
$200 to $2990, 0.00%, see rank3.59%3.18%
$300 to $4997, 24.14%, see rank11.64%7.37%
$500 to $6999, 31.03%, see rank23.80%16.01%
$700 to $9993, 10.34%, see rank31.60%29.17%
$1,000 to $1,4990, 0.00%, see rank21.59%26.88%
$1,500 to $1,9990, 0.00%, see rank4.42%9.79%
$2,000 or More0, 0.00%, see rank1.44%6.10%
Median$332, see rank$774$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Twin Lakes, NMNew MexicoU.S.
Occupied Housing Units218, 100%764,684116,211,092
No Vehicles Available31, 14.22%, see rank5.73%9.12%
1 Vehicles Available117, 53.67%, see rank33.48%33.80%
2 Vehicles Available39, 17.89%, see rank37.82%37.48%
3 or More Vehicles Available31, 14.22%, see rank22.97%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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