New Mexico

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Housing Cost Burden by Income Group

Renter households spending more than 30% of their income on housing costs and utilities are cost burdened; those spending more than half of their income are severely cost burdened.

Affordable and Available Homes per 100 Renter Households

All Gap Data for New Mexico

New Mexico
Extremely Low Income Households and Available Rentals
Extremely Low Income Renter Households 68,160
Affordable and Available Rental Homes 27,070
Surplus (Deficit) of Affordable and Available Rental Units
At or below EXTREMELY LOW INCOME -41,090
At or below 50% AMI -45,621
Affordable and Available Rental Units per 100 Households at or below Threshold
At or below Extremely Low Income 40
At or below 50% AMI 55
At or below 80% AMI 96
At or below 100% AMI 101
% of Renter Households with Cost Burden
At Extremely Low Income 86
Extremely Low Income to 50% AMI 80
51% to 80% AMI 47
81 to 100% AMI 28
% of Renter Households with Severe Cost Burden
At Extremely Low Income 70
ELI to 50% AMI 33
51% to 80% AMI 7
81 to 100% AMI 1

AMI = Area Median Income.
Source: American Community Survey (ACS) and ACS Public Use Microdata Sample (PUMS). For more information on the estimates’ margin of error, please contact [email protected].