Deming, New Mexico Mortgage and Housing Information

Population: 14,116
Data Source:US Census Bureau. All figures are from year 2000 unless otherwise noted.

Median price asked in year 2000	$41,700

A comparison of the average prices of homes in Deming, New Mexico and the U.S.
	U.S.	New Mexico	Deming
Median home value in year 2000	$111,800	$94,600	$54,200

Median owner costs for owner-occupied houses and condos in year **2000**
	U.S.	New Mexico	Deming
With a mortgage	$1,088	$929	$561
Without a mortgage	$295	$228	$157

Types of mortgages for owner-occupied Single-family Houses in Deming (2000)
Mortgage Type	Number of Single-family Houses	Percent of total
Without a mortgage	1,074	46.7%
First Mortgage Only	1,138	49.5%
Second Mortgage and/or Home Equity Loan	86	3.7%
Total	2,298	100%

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

Males earn $6,849 (68.8%) more than Females in Deming.

Level of higher education for people over 25 years in Deming (2000).
Level	Number of Males	Percent of Males	Number of Females	Percent of Females
Some College	509	12.7%	749	18.6%
Associate Degree	135	3.4%	123	3.1%
Bachelor's Degree	301	7.5%	191	4.7%
Master's Degree	90	2.2%	157	3.9%
Professional Degree	63	1.6%	25	0.6%
Doctorate Degree	14	0.3%	0	0.0%
Total (at least some college)	1,112	27.6%	1,245	26.5%
Total over 25	4,023	100%	4,692	100%

What Will Your Monthly Payment Be?

Purchase Price

Down Payment

Interest Rate

Term of the Loan