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New Mexico

State Facts

Minimum Wage $12.00
2-Bedroom Housing Wage $19.88
Number of Renter Households 253,762
Number of Renter Households
Below 30% AMI
69,021
Percent of Renter Households
Below 30% AMI
27%
Number of Renter Households
Below 50% AMI
102,347
Percent of Renter Households
Below 50% AMI
40%

Affordable Rent for Low Income Households

Minimum Wage Worker

$624/mo

Household at 30% of Area Median Income

$585/mo

Household at 50% of Area Median Income

$975/mo

Fair Market Rent

1-Bedroom Fair Market Rent

$859/mo

2-Bedroom Fair Market Rent

$1,034/mo

Working at minimum wage $12.00/hr

Each week you have to work 55 hours

To afford a modest 1 bedroom rental home at Fair Market Rent

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New Mexico New Mexico Non-Metropolitan Areas Albuquerque MSA Farmington MSA Las Cruces MSA Santa Fe MSA Bernalillo County Catron County Chaves County Cibola County Colfax County Curry County De Baca County Dona Ana County Eddy County Grant County Guadalupe County Harding County † Hidalgo County Lea County Lincoln County Los Alamos County Luna County McKinley County Mora County † Otero County Quay County Rio Arriba County Roosevelt County San Juan County San Miguel County Sandoval County Santa Fe County Sierra County Socorro County Taos County Torrance County Union County Valencia County
Number of Households
Total 797,596 248,992 362,176 40,639 79,933 65,856 277,653 1,523 23,244 7,934 5,638 18,285 580 79,933 22,315 11,144 1,146 202 1,573 23,851 8,723 8,029 9,047 20,769 2,129 23,590 3,359 13,293 6,895 40,639 11,451 53,567 65,856 5,321 4,834 12,840 5,406 1,277 25,550
Renter 253,762 75,091 119,815 11,910 28,064 18,882 103,262 203 7,561 1,958 1,671 7,941 209 28,064 6,550 3,495 292 67 435 7,530 1,796 2,066 3,347 6,104 228 8,152 1,078 2,951 2,817 11,910 3,321 11,018 18,882 1,285 1,073 2,578 907 383 4,628
Percent Renters 32% 30% 33% 29% 35% 29% 37% 13% 33% 25% 30% 43% 36% 35% 29% 31% 25% 33% 28% 32% 21% 26% 37% 29% 11% 35% 32% 22% 41% 29% 29% 21% 29% 24% 22% 20% 17% 30% 18%
Housing Wage
Zero-Bedroom $14.24 $12.60 $14.71 $14.54 $13.75 $18.31 $14.71 $11.19 $12.48 $12.37 $11.19 $11.58 $11.19 $13.75 $16.88 $11.19 $11.19 $11.19 $11.19 $13.23 $11.19 $16.54 $10.23 $12.81 $11.19 $10.92 $11.19 $13.25 $12.10 $14.54 $13.00 $14.71 $18.31 $10.23 $11.19 $14.79 $14.71 $11.19 $14.71
One-Bedroom $16.52 $13.76 $18.12 $14.79 $14.85 $20.90 $18.12 $12.25 $12.96 $12.38 $13.54 $13.60 $12.25 $14.85 $17.27 $13.12 $12.69 $12.25 $12.25 $14.92 $11.81 $18.00 $11.62 $12.90 $12.25 $13.37 $13.54 $13.25 $12.56 $14.79 $13.54 $18.12 $20.90 $11.62 $11.62 $15.56 $18.12 $12.04 $18.12
Two-Bedroom $19.88 $16.85 $22.00 $17.48 $17.17 $24.02 $22.00 $15.29 $17.06 $15.71 $15.29 $17.31 $15.29 $17.17 $19.50 $15.29 $15.29 $15.29 $15.29 $19.63 $15.29 $22.98 $15.29 $15.29 $15.29 $15.29 $15.29 $15.29 $16.54 $17.48 $15.29 $22.00 $24.02 $15.29 $15.29 $18.02 $22.00 $15.29 $22.00
Three-Bedroom $27.51 $22.32 $31.27 $24.56 $24.40 $30.71 $31.27 $19.52 $21.56 $19.12 $18.62 $22.19 $21.73 $24.40 $27.71 $21.00 $21.73 $21.73 $19.23 $25.37 $20.15 $30.73 $20.69 $20.44 $20.48 $21.73 $19.79 $18.62 $21.81 $24.56 $20.29 $31.27 $30.71 $21.73 $21.73 $22.73 $31.27 $19.10 $31.27
Four-Bedroom $32.43 $26.49 $37.48 $26.75 $28.06 $34.13 $37.48 $26.04 $23.48 $21.12 $20.92 $29.48 $26.04 $28.06 $33.21 $24.71 $26.04 $26.04 $26.04 $28.13 $26.04 $39.15 $26.04 $20.54 $26.04 $26.04 $26.04 $20.54 $27.50 $26.75 $24.12 $37.48 $34.13 $26.04 $26.04 $30.69 $37.48 $23.52 $37.48
Fair Market Rent
Zero-Bedroom $741 $655 $765 $756 $715 $952 $765 $582 $649 $643 $582 $602 $582 $715 $878 $582 $582 $582 $582 $688 $582 $860 $532 $666 $582 $568 $582 $689 $629 $756 $676 $765 $952 $532 $582 $769 $765 $582 $765
One-Bedroom $859 $715 $942 $769 $772 $1,087 $942 $637 $674 $644 $704 $707 $637 $772 $898 $682 $660 $637 $637 $776 $614 $936 $604 $671 $637 $695 $704 $689 $653 $769 $704 $942 $1,087 $604 $604 $809 $942 $626 $942
Two-Bedroom $1,034 $876 $1,144 $909 $893 $1,249 $1,144 $795 $887 $817 $795 $900 $795 $893 $1,014 $795 $795 $795 $795 $1,021 $795 $1,195 $795 $795 $795 $795 $795 $795 $860 $909 $795 $1,144 $1,249 $795 $795 $937 $1,144 $795 $1,144
Three-Bedroom $1,430 $1,161 $1,626 $1,277 $1,269 $1,597 $1,626 $1,015 $1,121 $994 $968 $1,154 $1,130 $1,269 $1,441 $1,092 $1,130 $1,130 $1,000 $1,319 $1,048 $1,598 $1,076 $1,063 $1,065 $1,130 $1,029 $968 $1,134 $1,277 $1,055 $1,626 $1,597 $1,130 $1,130 $1,182 $1,626 $993 $1,626
Four-Bedroom $1,687 $1,378 $1,949 $1,391 $1,459 $1,775 $1,949 $1,354 $1,221 $1,098 $1,088 $1,533 $1,354 $1,459 $1,727 $1,285 $1,354 $1,354 $1,354 $1,463 $1,354 $2,036 $1,354 $1,068 $1,354 $1,354 $1,354 $1,068 $1,430 $1,391 $1,254 $1,949 $1,775 $1,354 $1,354 $1,596 $1,949 $1,223 $1,949
Annual Income Needed to Afford
Zero-Bedroom $29,620 $26,213 $30,600 $30,240 $28,600 $38,080 $30,600 $23,280 $25,960 $25,720 $23,280 $24,080 $23,280 $28,600 $35,120 $23,280 $23,280 $23,280 $23,280 $27,520 $23,280 $34,400 $21,280 $26,640 $23,280 $22,720 $23,280 $27,560 $25,160 $30,240 $27,040 $30,600 $38,080 $21,280 $23,280 $30,760 $30,600 $23,280 $30,600
One-Bedroom $34,352 $28,614 $37,680 $30,760 $30,880 $43,480 $37,680 $25,480 $26,960 $25,760 $28,160 $28,280 $25,480 $30,880 $35,920 $27,280 $26,400 $25,480 $25,480 $31,040 $24,560 $37,440 $24,160 $26,840 $25,480 $27,800 $28,160 $27,560 $26,120 $30,760 $28,160 $37,680 $43,480 $24,160 $24,160 $32,360 $37,680 $25,040 $37,680
Two-Bedroom $41,349 $35,041 $45,760 $36,360 $35,720 $49,960 $45,760 $31,800 $35,480 $32,680 $31,800 $36,000 $31,800 $35,720 $40,560 $31,800 $31,800 $31,800 $31,800 $40,840 $31,800 $47,800 $31,800 $31,800 $31,800 $31,800 $31,800 $31,800 $34,400 $36,360 $31,800 $45,760 $49,960 $31,800 $31,800 $37,480 $45,760 $31,800 $45,760
Three-Bedroom $57,212 $46,428 $65,040 $51,080 $50,760 $63,880 $65,040 $40,600 $44,840 $39,760 $38,720 $46,160 $45,200 $50,760 $57,640 $43,680 $45,200 $45,200 $40,000 $52,760 $41,920 $63,920 $43,040 $42,520 $42,600 $45,200 $41,160 $38,720 $45,360 $51,080 $42,200 $65,040 $63,880 $45,200 $45,200 $47,280 $65,040 $39,720 $65,040
Four-Bedroom $67,463 $55,102 $77,960 $55,640 $58,360 $71,000 $77,960 $54,160 $48,840 $43,920 $43,520 $61,320 $54,160 $58,360 $69,080 $51,400 $54,160 $54,160 $54,160 $58,520 $54,160 $81,440 $54,160 $42,720 $54,160 $54,160 $54,160 $42,720 $57,200 $55,640 $50,160 $77,960 $71,000 $54,160 $54,160 $63,840 $77,960 $48,920 $77,960
Minimum Wage
Minimum Wage $12.00 $12.00 $12.00 $12.00 $12.00 $12.00 $12.00 $12.00 $12.00 $12.00 $12.00 $12.00 $12.00 $12.00 $12.00 $12.00 $12.00 $12.00 $12.00 $12.00 $12.00 $12.00 $12.00 $12.00 $12.00 $12.00 $12.00 $12.00 $12.00 $12.00 $12.00 $12.00 $14.03 $12.00 $12.00 $12.00 $12.00 $12.00 $12.00
Rent Affordable for a Full-Time Worker at Minimum Wage $624 $624 $624 $624 $624 $624 $624 $624 $624 $624 $624 $624 $624 $624 $624 $624 $624 $624 $624 $624 $624 $624 $624 $624 $624 $624 $624 $624 $624 $624 $624 $624 $730 $624 $624 $624 $624 $624 $624
Work Hours/Week at Minimum Wage
Zero-Bedroom 47 42 49 48 46 61 49 37 42 41 37 39 37 46 56 37 37 37 37 44 37 55 34 43 37 36 37 44 40 48 43 49 52 34 37 49 49 37 49
One-Bedroom 55 46 60 49 49 70 60 41 43 41 45 45 41 49 58 44 42 41 41 50 39 60 39 43 41 45 45 44 42 49 45 60 60 39 39 52 60 40 60
Two-Bedroom 66 56 73 58 57 80 73 51 57 52 51 58 51 57 65 51 51 51 51 65 51 77 51 51 51 51 51 51 55 58 51 73 68 51 51 60 73 51 73
Three-Bedroom 92 74 104 82 81 102 104 65 72 64 62 74 72 81 92 70 72 72 64 85 67 102 69 68 68 72 66 62 73 82 68 104 88 72 72 76 104 64 104
Four-Bedroom 108 88 125 89 94 114 125 87 78 70 70 98 87 94 111 82 87 87 87 94 87 131 87 68 87 87 87 68 92 89 80 125 97 87 87 102 125 78 125
Supplemental Security Income (SSI) Payment
SSI Monthly Payment $914 $914 $914 $914 $914 $914 $914 $914 $914 $914 $914 $914 $914 $914 $914 $914 $914 $914 $914 $914 $914 $914 $914 $914 $914 $914 $914 $914 $914 $914 $914 $914 $914 $914 $914 $914 $914 $914 $914
Rent affordable to SSI recipient $274 $274 $274 $274 $274 $274 $274 $274 $274 $274 $274 $274 $274 $274 $274 $274 $274 $274 $274 $274 $274 $274 $274 $274 $274 $274 $274 $274 $274 $274 $274 $274 $274 $274 $274 $274 $274 $274 $274
Income Levels
30% of Area Median Income (AMI) $23,392 $20,870 $25,950 $18,330 $17,880 $28,680 $25,950 $17,430 $19,380 $19,530 $18,150 $19,800 $22,470 $17,880 $27,600 $20,010 $14,940 $18,510 $19,890 $19,560 $20,430 $50,550 $15,870 $16,740 $15,000 $20,790 $13,830 $21,210 $20,700 $18,330 $15,840 $25,950 $28,680 $18,660 $16,980 $21,570 $25,950 $16,350 $25,950
50% of Area Median Income (AMI) $38,987 $34,783 $43,250 $30,550 $29,800 $47,800 $43,250 $29,050 $32,300 $32,550 $30,250 $33,000 $37,450 $29,800 $46,000 $33,350 $24,900 $30,850 $33,150 $32,600 $34,050 $84,250 $26,450 $27,900 $25,000 $34,650 $23,050 $35,350 $34,500 $30,550 $26,400 $43,250 $47,800 $31,100 $28,300 $35,950 $43,250 $27,250 $43,250
Median Renter Household Income $40,102 $40,131 $41,450 $37,865 $28,688 $49,809 $40,312 $22,094 $37,527 $37,595 $29,623 $48,603 $24,014 $28,688 $58,925 $26,140 $23,115 $29,963 $23,915 $43,165 $21,061 $93,287 $22,863 $41,502 $38,548 $28,149 $35,506 $39,545 $37,865 $24,761 $50,937 $49,809 $30,394 $27,961 $41,798 $31,809 $24,618 $46,141
Rent Affordable at Different Income Levels
30% of Area Median Income (AMI) $585 $522 $649 $458 $447 $717 $649 $436 $485 $488 $454 $495 $562 $447 $690 $500 $374 $463 $497 $489 $511 $1,264 $397 $419 $375 $520 $346 $530 $518 $458 $396 $649 $717 $467 $425 $539 $649 $409 $649
50% of Area Median Income (AMI) $975 $870 $1,081 $764 $745 $1,195 $1,081 $726 $808 $814 $756 $825 $936 $745 $1,150 $834 $623 $771 $829 $815 $851 $2,106 $661 $698 $625 $866 $576 $884 $863 $764 $660 $1,081 $1,195 $778 $708 $899 $1,081 $681 $1,081
Median Renter Household Income $1,003 $1,003 $1,036 $947 $717 $1,245 $1,008 $552 $938 $940 $741 $1,215 $600 $717 $1,473 $653 $578 $749 $598 $1,079 $527 $2,332 $572 $1,038 $964 $704 $888 $989 $947 $619 $1,273 $1,245 $760 $699 $1,045 $795 $615 $1,154

Median Wages for State’s Most Common Occupations

Occupation Total Employment Median Hourly Wage
Home Health and Personal Care Aides 35,740 $12.13
Food Preparation Workers 6,800 $12.66
Fast Food and Counter Workers 21,670 $13.10
Cashiers 17,730 $13.35
Janitors and Cleaners, Except Maids and Housekeeping Cleaners 14,810 $13.90
Waiters and Waitresses 12,790 $14.09
Retail Salespersons 22,260 $14.37
Teaching Assistants, Except Postsecondary 7,130 $14.59
Security Guards 6,610 $14.60
Cooks, Restaurant 8,240 $14.90
Office Clerks, General 13,330 $15.23
Laborers and Freight, Stock, and Material Movers, Hand 9,380 $15.49
Stockers and Order Fillers 15,970 $15.80
One-Bedroom Housing Wage $16.52
First-Line Supervisors of Food Preparation and Serving Workers 7,580 $17.13
Customer Service Representatives 20,280 $17.58
Construction Laborers 11,640 $17.96
Medical Assistants 7,230 $18.17
Maintenance and Repair Workers, General 8,890 $18.60
Secretaries and Administrative Assistants, Except Legal, Medical, and Executive 26,410 $19.46
First-Line Supervisors of Retail Sales Workers 7,970 $19.86
Two-bedrooom Housing Wage $19.88
All Occupations 818,800 $20.03
Bookkeeping, Accounting, and Auditing Clerks 8,830 $20.19
Heavy and Tractor-Trailer Truck Drivers 11,040 $23.22
First-Line Supervisors of Office and Administrative Support Workers 8,390 $26.09
Secondary School Teachers, Except Special and Career/Technical Education 6,840 $30.67
Elementary School Teachers, Except Special Education 7,060 $30.70
Accountants and Auditors 6,730 $31.93
First-Line Supervisors of Construction Trades and Extraction Workers 6,390 $32.37
Business Operations Specialists, All Other 7,270 $36.21
Registered Nurses 15,910 $41.14
General and Operations Managers 16,810 $48.41