Homeowner Insurance Costs in Colfax County, NM

How much does homeowner insurance cost in Colfax County? Here's what to expect.

Est. Annual Premium

$761

Monthly Cost

$63

Median Home Value

$138,400

% of Income

1.6%

Typical Coverage Breakdown

Coverage Amounts

Dwelling (Coverage A)$138,400
Personal Property (C)$69,200
Liability (E)$300,000
Deductible$1,384

Cost Context

Homeownership Rate71.7%
Median Income$46,286
Property Tax Rate0.6%
Population12,370

About Insurance in Colfax County

Homeowner insurance in Colfax County, New Mexico costs an estimated $761 per year for a median-value home of $138,400. This represents approximately 1.6% of the median household income of $46,286.

Actual premiums depend on your home's age, construction type, claims history, credit score, proximity to fire stations, and specific peril exposures. Use our calculator for a personalized total cost of risk analysis with peril-by-peril breakdown.

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Other Counties in New Mexico

County-level data from U.S. Census Bureau American Community Survey (ACS) 2022 5-Year Estimates. Additional sources: Insurance Information Institute, state insurance departments. Estimates are county-level approximations. This is not insurance advice.