Quick facts: Sunland park, NM

Quick Facts

96.1
Cost of Living
below US average
17,414
Population
11.37
Crime Rate per 1000
below US average
$45,545
Median Income
below US average
$342,000
Median House Price
above US average
$1730.0
Average Rent
above US average
20%
Poverty Rate
above US average
6.4%
Unemployment Rate
above US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $45,545.

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Income Needed to Buy

βœ— Stretch
$107k/year
Based on $342,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $107k vs median $45,545
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Income Needed to Rent

⚠ Stretch
$74k/year
Based on $1730.0/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $74k vs median $45,545
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Sunland park, NM

Sunland Park is a vibrant city located in DoΓ±a Ana County, New Mexico, adjacent to the Texas border and just south of El Paso, Texas. Known for its picturesque landscapes, Sunland Park features a mix of desert scenery and mountainous backdrops, making it an appealing destination for outdoor enthusiasts. The city has a rich cultural heritage influenced by both Hispanic and American traditions. One of the notable attractions in the area is the Sunland Park Racetrack & Casino, which offers horse racing and various gaming options. The city also boasts several parks and recreational facilities, providing opportunities for hiking, picnicking, and enjoying the outdoors. Sunland Park is part of the El Paso metropolitan area, benefiting from its proximity to a larger urban center while maintaining a more suburban feel. The local community is known for its welcoming atmosphere, family-friendly events, and growing economy, with a focus on both retail and tourism. Overall, Sunland Park is a unique blend of cultural diversity, recreation, and natural beauty, making it a great place to live or visit in southern New Mexico.

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