New Mexico

#34

New Mexico

State Facts

Minimum Wage $12.00
2-Bedroom Housing Wage $23.18
Number of Renter Households 252,957
Number of Renter Households
Below 30% AMI
65,113
Percent of Renter Households
Below 30% AMI
25%
Number of Renter Households
Below 50% AMI
101,367
Percent of Renter Households
Below 50% AMI
39%

Affordable Rent for Low Income Households

Minimum Wage Worker

$624/mo

Household at 30% of Area Median Income

$631/mo

Household at 50% of Area Median Income

$1,051/mo

Fair Market Rent

1-Bedroom Fair Market Rent

$997/mo

2-Bedroom Fair Market Rent

$1,205/mo

Working at minimum wage $12.00/hr

Each week you have to work 64 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 825,021 259,184 371,906 41,053 83,530 69,348 283,609 1,645 23,605 8,353 5,413 18,471 727 83,530 23,245 11,069 1,451 282 1,501 24,568 9,376 8,211 9,082 21,088 1,991 24,285 4,102 14,980 7,211 41,053 11,924 55,741 69,348 5,419 5,222 14,459 5,774 1,504 26,782
Renter 252,957 75,014 116,338 12,242 28,988 20,375 101,337 202 7,391 2,467 1,515 7,156 225 28,988 5,891 2,962 314 61 370 7,496 1,921 2,090 2,800 6,579 216 8,491 1,118 3,283 2,742 12,242 3,189 9,135 20,375 1,613 1,383 3,060 1,059 479 4,807
Percent Renters 31% 29% 31% 30% 35% 29% 36% 12% 31% 30% 28% 39% 31% 35% 25% 27% 22% 22% 25% 31% 20% 25% 31% 31% 11% 35% 27% 22% 38% 30% 27% 16% 29% 30% 26% 21% 18% 32% 18%
Housing Wage
Zero-Bedroom $16.47 $13.70 $17.56 $16.17 $14.25 $23.75 $17.56 $13.04 $13.33 $13.04 $15.60 $12.83 $13.04 $14.25 $14.42 $14.38 $13.04 $13.04 $13.04 $15.50 $13.04 $19.17 $12.31 $12.54 $13.04 $12.31 $13.04 $13.60 $13.04 $16.17 $14.48 $17.56 $23.75 $12.31 $13.04 $15.54 $17.56 $13.04 $17.56
One-Bedroom $19.17 $15.50 $20.85 $16.44 $18.08 $26.31 $20.85 $14.69 $14.17 $15.06 $16.21 $15.48 $13.67 $18.08 $17.90 $14.48 $15.88 $14.69 $14.69 $16.58 $15.19 $20.65 $14.65 $15.37 $14.69 $14.63 $13.67 $13.67 $13.67 $16.44 $16.21 $20.85 $26.31 $13.67 $14.69 $17.96 $20.85 $14.77 $20.85
Two-Bedroom $23.18 $18.97 $25.60 $19.88 $20.02 $31.29 $25.60 $17.94 $18.33 $17.94 $17.94 $18.71 $17.94 $20.02 $19.83 $17.94 $17.94 $17.94 $17.94 $21.75 $17.94 $27.10 $17.94 $18.29 $17.94 $17.94 $17.94 $17.94 $17.94 $19.88 $17.94 $25.60 $31.29 $17.94 $17.94 $20.58 $25.60 $17.94 $25.60
Three-Bedroom $31.57 $24.79 $35.87 $27.87 $27.83 $39.56 $35.87 $24.48 $23.73 $22.52 $23.98 $23.96 $23.60 $27.83 $26.52 $23.88 $24.48 $24.48 $25.13 $26.87 $24.44 $32.65 $24.81 $22.48 $24.48 $25.13 $22.35 $21.62 $25.13 $27.87 $25.13 $35.87 $39.56 $25.13 $25.13 $26.31 $35.87 $24.48 $35.87
Four-Bedroom $36.57 $29.32 $42.48 $30.21 $30.87 $41.48 $42.48 $29.79 $27.17 $23.79 $29.79 $31.42 $29.79 $30.87 $28.54 $24.69 $29.79 $29.79 $29.79 $30.75 $29.79 $45.50 $30.13 $24.25 $29.79 $30.13 $29.79 $25.65 $30.13 $30.21 $29.79 $42.48 $41.48 $29.79 $29.79 $34.56 $42.48 $29.79 $42.48
Fair Market Rent
Zero-Bedroom $856 $712 $913 $841 $741 $1,235 $913 $678 $693 $678 $811 $667 $678 $741 $750 $748 $678 $678 $678 $806 $678 $997 $640 $652 $678 $640 $678 $707 $678 $841 $753 $913 $1,235 $640 $678 $808 $913 $678 $913
One-Bedroom $997 $806 $1,084 $855 $940 $1,368 $1,084 $764 $737 $783 $843 $805 $711 $940 $931 $753 $826 $764 $764 $862 $790 $1,074 $762 $799 $764 $761 $711 $711 $711 $855 $843 $1,084 $1,368 $711 $764 $934 $1,084 $768 $1,084
Two-Bedroom $1,205 $987 $1,331 $1,034 $1,041 $1,627 $1,331 $933 $953 $933 $933 $973 $933 $1,041 $1,031 $933 $933 $933 $933 $1,131 $933 $1,409 $933 $951 $933 $933 $933 $933 $933 $1,034 $933 $1,331 $1,627 $933 $933 $1,070 $1,331 $933 $1,331
Three-Bedroom $1,642 $1,289 $1,865 $1,449 $1,447 $2,057 $1,865 $1,273 $1,234 $1,171 $1,247 $1,246 $1,227 $1,447 $1,379 $1,242 $1,273 $1,273 $1,307 $1,397 $1,271 $1,698 $1,290 $1,169 $1,273 $1,307 $1,162 $1,124 $1,307 $1,449 $1,307 $1,865 $2,057 $1,307 $1,307 $1,368 $1,865 $1,273 $1,865
Four-Bedroom $1,902 $1,524 $2,209 $1,571 $1,605 $2,157 $2,209 $1,549 $1,413 $1,237 $1,549 $1,634 $1,549 $1,605 $1,484 $1,284 $1,549 $1,549 $1,549 $1,599 $1,549 $2,366 $1,567 $1,261 $1,549 $1,567 $1,549 $1,334 $1,567 $1,571 $1,549 $2,209 $2,157 $1,549 $1,549 $1,797 $2,209 $1,549 $2,209
Annual Income Needed to Afford
Zero-Bedroom $34,247 $28,486 $36,520 $33,640 $29,640 $49,400 $36,520 $27,120 $27,720 $27,120 $32,440 $26,680 $27,120 $29,640 $30,000 $29,920 $27,120 $27,120 $27,120 $32,240 $27,120 $39,880 $25,600 $26,080 $27,120 $25,600 $27,120 $28,280 $27,120 $33,640 $30,120 $36,520 $49,400 $25,600 $27,120 $32,320 $36,520 $27,120 $36,520
One-Bedroom $39,876 $32,245 $43,360 $34,200 $37,600 $54,720 $43,360 $30,560 $29,480 $31,320 $33,720 $32,200 $28,440 $37,600 $37,240 $30,120 $33,040 $30,560 $30,560 $34,480 $31,600 $42,960 $30,480 $31,960 $30,560 $30,440 $28,440 $28,440 $28,440 $34,200 $33,720 $43,360 $54,720 $28,440 $30,560 $37,360 $43,360 $30,720 $43,360
Two-Bedroom $48,205 $39,468 $53,240 $41,360 $41,640 $65,080 $53,240 $37,320 $38,120 $37,320 $37,320 $38,920 $37,320 $41,640 $41,240 $37,320 $37,320 $37,320 $37,320 $45,240 $37,320 $56,360 $37,320 $38,040 $37,320 $37,320 $37,320 $37,320 $37,320 $41,360 $37,320 $53,240 $65,080 $37,320 $37,320 $42,800 $53,240 $37,320 $53,240
Three-Bedroom $65,666 $51,565 $74,600 $57,960 $57,880 $82,280 $74,600 $50,920 $49,360 $46,840 $49,880 $49,840 $49,080 $57,880 $55,160 $49,680 $50,920 $50,920 $52,280 $55,880 $50,840 $67,920 $51,600 $46,760 $50,920 $52,280 $46,480 $44,960 $52,280 $57,960 $52,280 $74,600 $82,280 $52,280 $52,280 $54,720 $74,600 $50,920 $74,600
Four-Bedroom $76,069 $60,978 $88,360 $62,840 $64,200 $86,280 $88,360 $61,960 $56,520 $49,480 $61,960 $65,360 $61,960 $64,200 $59,360 $51,360 $61,960 $61,960 $61,960 $63,960 $61,960 $94,640 $62,680 $50,440 $61,960 $62,680 $61,960 $53,360 $62,680 $62,840 $61,960 $88,360 $86,280 $61,960 $61,960 $71,880 $88,360 $61,960 $88,360
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 $15.00 $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 $780 $624 $624 $624 $624 $624 $624
Work Hours/Week at Minimum Wage
Zero-Bedroom 55 46 59 54 48 79 59 43 44 43 52 43 43 48 48 48 43 43 43 52 43 64 41 42 43 41 43 45 43 54 48 59 63 41 43 52 59 43 59
One-Bedroom 64 52 69 55 60 88 69 49 47 50 54 52 46 60 60 48 53 49 49 55 51 69 49 51 49 49 46 46 46 55 54 69 70 46 49 60 69 49 69
Two-Bedroom 77 63 85 66 67 104 85 60 61 60 60 62 60 67 66 60 60 60 60 73 60 90 60 61 60 60 60 60 60 66 60 85 83 60 60 69 85 60 85
Three-Bedroom 105 83 120 93 93 132 120 82 79 75 80 80 79 93 88 80 82 82 84 90 81 109 83 75 82 84 74 72 84 93 84 120 105 84 84 88 120 82 120
Four-Bedroom 122 98 142 101 103 138 142 99 91 79 99 105 99 103 95 82 99 99 99 103 99 152 100 81 99 100 99 86 100 101 99 142 111 99 99 115 142 99 142
Supplemental Security Income (SSI) Payment
SSI Monthly Payment $967 $967 $967 $967 $967 $967 $967 $967 $967 $967 $967 $967 $967 $967 $967 $967 $967 $967 $967 $967 $967 $967 $967 $967 $967 $967 $967 $967 $967 $967 $967 $967 $967 $967 $967 $967 $967 $967 $967
Rent affordable to SSI recipient $290 $290 $290 $290 $290 $290 $290 $290 $290 $290 $290 $290 $290 $290 $290 $290 $290 $290 $290 $290 $290 $290 $290 $290 $290 $290 $290 $290 $290 $290 $290 $290 $290 $290 $290 $290 $290 $290 $290
Income Levels
30% of Area Median Income (AMI) $25,232 $22,557 $27,420 $22,680 $21,210 $29,850 $27,420 $19,830 $19,770 $20,790 $21,090 $22,050 $26,550 $21,210 $31,590 $24,120 $17,850 $26,400 $21,270 $23,970 $22,620 $53,700 $16,590 $13,800 $17,250 $18,300 $16,620 $22,470 $21,630 $22,680 $20,640 $27,420 $29,850 $18,600 $19,140 $25,320 $27,420 $19,980 $27,420
50% of Area Median Income (AMI) $42,053 $37,595 $45,700 $37,800 $35,350 $49,750 $45,700 $33,050 $32,950 $34,650 $35,150 $36,750 $44,250 $35,350 $52,650 $40,200 $29,750 $44,000 $35,450 $39,950 $37,700 $89,500 $27,650 $23,000 $28,750 $30,500 $27,700 $37,450 $36,050 $37,800 $34,400 $45,700 $49,750 $31,000 $31,900 $42,200 $45,700 $33,300 $45,700
Median Renter Household Income $42,394 $40,671 $44,946 $38,600 $31,403 $52,084 $44,262 $33,898 $33,256 $36,294 $42,646 $24,882 $31,403 $60,066 $27,664 $32,432 $31,255 $27,161 $42,593 $24,877 $105,984 $27,475 $43,264 $42,719 $41,978 $31,192 $41,653 $45,302 $38,600 $22,529 $57,600 $52,084 $29,044 $22,057 $38,566 $36,951 $32,942 $37,079
Rent Affordable at Different Income Levels
30% of Area Median Income (AMI) $631 $564 $686 $567 $530 $746 $686 $496 $494 $520 $527 $551 $664 $530 $790 $603 $446 $660 $532 $599 $566 $1,343 $415 $345 $431 $458 $416 $562 $541 $567 $516 $686 $746 $465 $479 $633 $686 $500 $686
50% of Area Median Income (AMI) $1,051 $940 $1,143 $945 $884 $1,244 $1,143 $826 $824 $866 $879 $919 $1,106 $884 $1,316 $1,005 $744 $1,100 $886 $999 $943 $2,238 $691 $575 $719 $763 $693 $936 $901 $945 $860 $1,143 $1,244 $775 $798 $1,055 $1,143 $833 $1,143
Median Renter Household Income $1,060 $1,017 $1,124 $965 $785 $1,302 $1,107 $847 $831 $907 $1,066 $622 $785 $1,502 $692 $811 $781 $679 $1,065 $622 $2,650 $687 $1,082 $1,068 $1,049 $780 $1,041 $1,133 $965 $563 $1,440 $1,302 $726 $551 $964 $924 $824 $927

Median Wages for State’s Most Common Occupations

Occupation Total Employment Median Hourly Wage
Home Health and Personal Care Aides 37,360 $13.40
Fast Food and Counter Workers 23,990 $14.01
Cashiers 19,790 $14.31
Food Preparation Workers 8,330 $14.36
Maids and Housekeeping Cleaners 5,400 $14.56
Waiters and Waitresses 13,370 $14.90
Retail Salespersons 23,260 $15.35
Janitors and Cleaners, Except Maids and Housekeeping Cleaners 14,560 $16.46
Cooks, Restaurant 8,730 $16.69
Receptionists and Information Clerks 5,370 $16.79
Stockers and Order Fillers 15,800 $17.45
Office Clerks, General 14,270 $17.77
Laborers and Freight, Stock, and Material Movers, Hand 9,340 $18.10
Customer Service Representatives 18,520 $18.62
Construction Laborers 10,530 $18.85
Security Guards 8,240 $18.91
Medical Assistants 6,320 $19.08
Housing Wage 1 Bedroom $19.17
First-Line Supervisors of Food Preparation and Serving Workers 6,410 $19.41
Maintenance and Repair Workers, General 9,230 $20.49
Secretaries and Administrative Assistants, Except Legal, Medical, and Executive 24,510 $21.02
First-Line Supervisors of Retail Sales Workers 7,630 $22.31
All Occupations 860,880 $22.44
Bookkeeping, Accounting, and Auditing Clerks 8,720 $22.81
Housing Wage 2 Bedroom $23.18
Heavy and Tractor-Trailer Truck Drivers 10,850 $23.66
First-Line Supervisors of Office and Administrative Support Workers 8,120 $29.76
First-Line Supervisors of Construction Trades and Extraction Workers 6,590 $36.14
Business Operations Specialists, All Other 8,270 $37.43
Accountants and Auditors 6,660 $37.88
Registered Nurses 17,510 $43.18
General and Operations Managers 16,550 $49.02
Project Management Specialists 5,890 $50.37