Artesia, New Mexico Mortgage and Housing Information

Population: 10,692
Data Source:US Census Bureau. All figures are from year 2000 unless otherwise noted.

Median price asked in year 2000	$43,300

A comparison of the average prices of homes in Artesia, New Mexico and the U.S.
	U.S.	New Mexico	Artesia
Median home value in year 2000	$111,800	$94,600	$60,500

Median owner costs for owner-occupied houses and condos in year **2000**
	U.S.	New Mexico	Artesia
With a mortgage	$1,088	$929	$723
Without a mortgage	$295	$228	$194

Types of mortgages for owner-occupied Single-family Houses in Artesia (2000)
Mortgage Type	Number of Single-family Houses	Percent of total
Without a mortgage	1,119	44.6%
First Mortgage Only	1,146	45.7%
Second Mortgage and/or Home Equity Loan	242	9.7%
Total	2,507	100%

Median age for males and females (2000).
Males	33
Females	36

Males earn $11,104 (85.4%) more than Females in Artesia.

Level of higher education for people over 25 years in Artesia (2000).
Level	Number of Males	Percent of Males	Number of Females	Percent of Females
Some College	584	19.0%	875	28.5%
Associate Degree	125	4.1%	136	4.4%
Bachelor's Degree	291	9.5%	323	10.5%
Master's Degree	96	3.1%	72	2.3%
Professional Degree	11	0.4%	7	0.2%
Doctorate Degree	7	0.2%	0	0.0%
Total (at least some college)	1,114	36.3%	1,413	39.2%
Total over 25	3,073	100%	3,606	100%

What Will Your Monthly Payment Be?

Purchase Price

Down Payment

Interest Rate

Term of the Loan