Home Affordability in 87301
Gallup, NM — McKinley County
The median home price in ZIP code 87301 (Gallup) is $155,000 with a median household income of $35,000. The price-to-income ratio is 4.4x.
Median Home Price
$155,000
Median Income
$35,000
Price-to-Income
4.4x
Est. Affordable Home
$136,000
Property Tax Rate
0.76%
Annual Property Tax
$1,178
Cost of Living
80
Metro Area
Gallup MSA
Down Payment Scenarios for ZIP 87301
| Down Payment | Amount | Loan Amount | PMI |
|---|---|---|---|
| 3% | $4,650 | $150,350 | Yes |
| 5% | $7,750 | $147,250 | Yes |
| 10% | $15,500 | $139,500 | Yes |
| 20% | $31,000 | $124,000 | No |
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