#35

New Mexico

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State Facts

Minimum Wage $12.00
2-Bedroom Housing Wage $21.81
Number of Renter Households 254,673
Number of Renter Households
Below 30% AMI		 67,229
Percent of Renter Households
Below 30% AMI		 26%
Number of Renter Households
Below 50% AMI		 103,298
Percent of Renter Households
Below 50% AMI		 41%

Affordable Rent for Low Income Households

Minimum Wage Worker

$624/mo

Household at 30% of Area Median Income

$594/mo

Household at 50% of Area Median Income

$990/mo

Fair Market Rent

1-Bedroom Fair Market Rent

$942/mo

2-Bedroom Fair Market Rent

$1,134/mo

Working at minimum wage $12.00/hr

Each week you have to work 60 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 812,852 254,091 367,877 41,049 81,969 67,866 281,095 1,609 23,280 8,124 5,549 18,535 741 81,969 22,703 11,292 1,295 243 1,557 24,379 9,031 8,149 8,951 20,913 2,091 23,832 3,757 14,076 6,961 41,049 11,586 54,911 67,866 5,285 4,953 13,736 5,599 1,463 26,272
Renter 254,673 74,849 118,861 12,171 29,456 19,336 102,954 204 7,592 2,351 1,570 7,536 239 29,456 6,036 3,220 282 80 457 7,700 2,031 2,220 2,989 5,879 204 8,183 1,192 2,974 2,778 12,171 3,289 10,409 19,336 1,415 1,241 2,676 941 511 4,557
Percent Renters 31% 29% 32% 30% 36% 28% 37% 13% 33% 29% 28% 41% 32% 36% 27% 29% 22% 33% 29% 32% 22% 27% 33% 28% 10% 34% 32% 21% 40% 30% 28% 19% 28% 27% 25% 19% 17% 35% 17%
Housing Wage
Zero-Bedroom $15.52 $13.47 $15.92 $16.21 $14.21 $22.52 $15.92 $12.06 $13.31 $12.10 $14.62 $12.96 $12.06 $14.21 $15.21 $14.00 $12.06 $12.06 $12.06 $15.40 $12.06 $19.13 $11.42 $12.75 $12.06 $11.71 $12.06 $12.81 $12.69 $16.21 $13.52 $15.92 $22.52 $11.42 $12.06 $16.25 $15.92 $12.06 $15.92
One-Bedroom $18.11 $15.07 $19.33 $16.29 $16.94 $25.33 $19.33 $13.60 $14.17 $13.46 $15.02 $15.38 $12.83 $16.94 $18.62 $14.10 $14.75 $13.60 $13.60 $17.10 $12.83 $19.94 $13.29 $14.21 $13.60 $13.88 $15.02 $12.88 $13.52 $16.29 $15.02 $19.33 $25.33 $12.83 $13.60 $17.71 $19.33 $14.08 $19.33
Two-Bedroom $21.81 $18.61 $23.50 $19.46 $19.02 $29.52 $23.50 $16.87 $18.63 $16.92 $16.87 $19.13 $16.87 $19.02 $20.90 $16.87 $16.87 $16.87 $16.87 $22.46 $16.87 $26.21 $16.87 $16.87 $16.87 $16.87 $16.87 $16.87 $17.77 $19.46 $16.87 $23.50 $29.52 $16.87 $16.87 $20.19 $23.50 $16.87 $23.50
Three-Bedroom $29.91 $24.53 $33.12 $27.42 $26.60 $37.69 $33.12 $21.54 $23.83 $20.48 $22.27 $24.35 $23.77 $26.60 $29.46 $23.25 $23.77 $23.77 $23.77 $28.60 $22.23 $33.12 $22.71 $21.67 $22.77 $23.77 $21.00 $20.38 $24.37 $27.42 $22.81 $33.12 $37.69 $23.77 $23.77 $26.44 $33.12 $21.42 $33.12
Four-Bedroom $34.86 $28.83 $39.69 $29.35 $30.04 $39.31 $39.69 $28.62 $26.12 $22.54 $26.38 $32.48 $28.62 $30.04 $31.69 $25.06 $28.62 $28.62 $28.62 $31.58 $28.62 $44.48 $28.62 $22.46 $28.62 $28.62 $28.62 $22.46 $30.15 $29.35 $26.62 $39.69 $39.31 $28.62 $28.62 $34.27 $39.69 $28.62 $39.69
Fair Market Rent
Zero-Bedroom $807 $700 $828 $843 $739 $1,171 $828 $627 $692 $629 $760 $674 $627 $739 $791 $728 $627 $627 $627 $801 $627 $995 $594 $663 $627 $609 $627 $666 $660 $843 $703 $828 $1,171 $594 $627 $845 $828 $627 $828
One-Bedroom $942 $784 $1,005 $847 $881 $1,317 $1,005 $707 $737 $700 $781 $800 $667 $881 $968 $733 $767 $707 $707 $889 $667 $1,037 $691 $739 $707 $722 $781 $670 $703 $847 $781 $1,005 $1,317 $667 $707 $921 $1,005 $732 $1,005
Two-Bedroom $1,134 $968 $1,222 $1,012 $989 $1,535 $1,222 $877 $969 $880 $877 $995 $877 $989 $1,087 $877 $877 $877 $877 $1,168 $877 $1,363 $877 $877 $877 $877 $877 $877 $924 $1,012 $877 $1,222 $1,535 $877 $877 $1,050 $1,222 $877 $1,222
Three-Bedroom $1,556 $1,276 $1,722 $1,426 $1,383 $1,960 $1,722 $1,120 $1,239 $1,065 $1,158 $1,266 $1,236 $1,383 $1,532 $1,209 $1,236 $1,236 $1,236 $1,487 $1,156 $1,722 $1,181 $1,127 $1,184 $1,236 $1,092 $1,060 $1,267 $1,426 $1,186 $1,722 $1,960 $1,236 $1,236 $1,375 $1,722 $1,114 $1,722
Four-Bedroom $1,813 $1,499 $2,064 $1,526 $1,562 $2,044 $2,064 $1,488 $1,358 $1,172 $1,372 $1,689 $1,488 $1,562 $1,648 $1,303 $1,488 $1,488 $1,488 $1,642 $1,488 $2,313 $1,488 $1,168 $1,488 $1,488 $1,488 $1,168 $1,568 $1,526 $1,384 $2,064 $2,044 $1,488 $1,488 $1,782 $2,064 $1,488 $2,064
Annual Income Needed to Afford
Zero-Bedroom $32,278 $28,016 $33,120 $33,720 $29,560 $46,840 $33,120 $25,080 $27,680 $25,160 $30,400 $26,960 $25,080 $29,560 $31,640 $29,120 $25,080 $25,080 $25,080 $32,040 $25,080 $39,800 $23,760 $26,520 $25,080 $24,360 $25,080 $26,640 $26,400 $33,720 $28,120 $33,120 $46,840 $23,760 $25,080 $33,800 $33,120 $25,080 $33,120
One-Bedroom $37,672 $31,353 $40,200 $33,880 $35,240 $52,680 $40,200 $28,280 $29,480 $28,000 $31,240 $32,000 $26,680 $35,240 $38,720 $29,320 $30,680 $28,280 $28,280 $35,560 $26,680 $41,480 $27,640 $29,560 $28,280 $28,880 $31,240 $26,800 $28,120 $33,880 $31,240 $40,200 $52,680 $26,680 $28,280 $36,840 $40,200 $29,280 $40,200
Two-Bedroom $45,359 $38,701 $48,880 $40,480 $39,560 $61,400 $48,880 $35,080 $38,760 $35,200 $35,080 $39,800 $35,080 $39,560 $43,480 $35,080 $35,080 $35,080 $35,080 $46,720 $35,080 $54,520 $35,080 $35,080 $35,080 $35,080 $35,080 $35,080 $36,960 $40,480 $35,080 $48,880 $61,400 $35,080 $35,080 $42,000 $48,880 $35,080 $48,880
Three-Bedroom $62,222 $51,027 $68,880 $57,040 $55,320 $78,400 $68,880 $44,800 $49,560 $42,600 $46,320 $50,640 $49,440 $55,320 $61,280 $48,360 $49,440 $49,440 $49,440 $59,480 $46,240 $68,880 $47,240 $45,080 $47,360 $49,440 $43,680 $42,400 $50,680 $57,040 $47,440 $68,880 $78,400 $49,440 $49,440 $55,000 $68,880 $44,560 $68,880
Four-Bedroom $72,506 $59,960 $82,560 $61,040 $62,480 $81,760 $82,560 $59,520 $54,320 $46,880 $54,880 $67,560 $59,520 $62,480 $65,920 $52,120 $59,520 $59,520 $59,520 $65,680 $59,520 $92,520 $59,520 $46,720 $59,520 $59,520 $59,520 $46,720 $62,720 $61,040 $55,360 $82,560 $81,760 $59,520 $59,520 $71,280 $82,560 $59,520 $82,560
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 $14.60 $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 $759 $624 $624 $624 $624 $624 $624
Work Hours/Week at Minimum Wage
Zero-Bedroom 52 45 53 54 47 75 53 40 44 40 49 43 40 47 51 47 40 40 40 51 40 64 38 43 40 39 40 43 42 54 45 53 62 38 40 54 53 40 53
One-Bedroom 60 50 64 54 56 84 64 45 47 45 50 51 43 56 62 47 49 45 45 57 43 66 44 47 45 46 50 43 45 54 50 64 69 43 45 59 64 47 64
Two-Bedroom 73 62 78 65 63 98 78 56 62 56 56 64 56 63 70 56 56 56 56 75 56 87 56 56 56 56 56 56 59 65 56 78 81 56 56 67 78 56 78
Three-Bedroom 100 82 110 91 89 126 110 72 79 68 74 81 79 89 98 78 79 79 79 95 74 110 76 72 76 79 70 68 81 91 76 110 103 79 79 88 110 71 110
Four-Bedroom 116 96 132 98 100 131 132 95 87 75 88 108 95 100 106 84 95 95 95 105 95 148 95 75 95 95 95 75 101 98 89 132 108 95 95 114 132 95 132
Supplemental Security Income (SSI) Payment
SSI Monthly Payment $943 $943 $943 $943 $943 $943 $943 $943 $943 $943 $943 $943 $943 $943 $943 $943 $943 $943 $943 $943 $943 $943 $943 $943 $943 $943 $943 $943 $943 $943 $943 $943 $943 $943 $943 $943 $943 $943 $943
Rent affordable to SSI recipient $283 $283 $283 $283 $283 $283 $283 $283 $283 $283 $283 $283 $283 $283 $283 $283 $283 $283 $283 $283 $283 $283 $283 $283 $283 $283 $283 $283 $283 $283 $283 $283 $283 $283 $283 $283 $283 $283 $283
Income Levels
30% of Area Median Income (AMI) $23,760 $21,797 $25,920 $18,480 $19,740 $27,450 $25,920 $17,610 $19,500 $19,620 $19,980 $20,640 $24,510 $19,740 $30,540 $21,570 $15,480 $21,690 $20,220 $22,140 $19,080 $50,550 $16,440 $14,940 $16,230 $23,580 $15,930 $20,820 $21,900 $18,480 $16,950 $25,920 $27,450 $18,570 $16,500 $22,290 $25,920 $16,560 $25,920
50% of Area Median Income (AMI) $39,600 $36,329 $43,200 $30,800 $32,900 $45,750 $43,200 $29,350 $32,500 $32,700 $33,300 $34,400 $40,850 $32,900 $50,900 $35,950 $25,800 $36,150 $33,700 $36,900 $31,800 $84,250 $27,400 $24,900 $27,050 $39,300 $26,550 $34,700 $36,500 $30,800 $28,250 $43,200 $45,750 $30,950 $27,500 $37,150 $43,200 $27,600 $43,200
Median Renter Household Income $40,869 $41,281 $42,162 $39,076 $29,361 $49,985 $41,482 $36,708 $38,140 $31,176 $45,158 $25,151 $29,361 $63,248 $26,750 $25,848 $24,069 $44,364 $24,183 $101,892 $24,598 $43,319 $31,312 $40,945 $32,100 $36,296 $43,930 $39,076 $24,256 $53,028 $49,985 $30,762 $26,353 $42,091 $30,612 $32,469 $35,099
Rent Affordable at Different Income Levels
30% of Area Median Income (AMI) $594 $545 $648 $462 $494 $686 $648 $440 $488 $491 $500 $516 $613 $494 $764 $539 $387 $542 $506 $554 $477 $1,264 $411 $374 $406 $590 $398 $521 $548 $462 $424 $648 $686 $464 $413 $557 $648 $414 $648
50% of Area Median Income (AMI) $990 $908 $1,080 $770 $823 $1,144 $1,080 $734 $813 $818 $833 $860 $1,021 $823 $1,273 $899 $645 $904 $843 $923 $795 $2,106 $685 $623 $676 $983 $664 $868 $913 $770 $706 $1,080 $1,144 $774 $688 $929 $1,080 $690 $1,080
Median Renter Household Income $1,022 $1,032 $1,054 $977 $734 $1,250 $1,037 $918 $954 $779 $1,129 $629 $734 $1,581 $669 $646 $602 $1,109 $605 $2,547 $615 $1,083 $783 $1,024 $803 $907 $1,098 $977 $606 $1,326 $1,250 $769 $659 $1,052 $765 $812 $877

Median Wages for State’s Most Common Occupations

Occupation Total Employment Median Hourly Wage
Home Health and Personal Care Aides 36,560 $13.14
Food Preparation Workers 6,110 $13.45
Fast Food and Counter Workers 25,320 $13.66
Cashiers 19,210 $13.84
Retail Salespersons 23,140 $14.82
Cooks, Restaurant 9,350 $14.84
Waiters and Waitresses 12,760 $14.95
Janitors and Cleaners, Except Maids and Housekeeping Cleaners 14,240 $14.96
Security Guards 7,490 $16.87
Stockers and Order Fillers 15,790 $17.14
Laborers and Freight, Stock, and Material Movers, Hand 10,110 $17.18
Office Clerks, General 15,260 $17.24
Customer Service Representatives 20,330 $18.07
One-Bedroom Housing Wage $18.11
First-Line Supervisors of Food Preparation and Serving Workers 6,940 $18.16
Construction Laborers 10,930 $18.36
Medical Assistants 6,580 $18.54
Maintenance and Repair Workers, General 9,280 $18.92
Light Truck Drivers 5,090 $19.64
Secretaries and Administrative Assistants, Except Legal, Medical, and Executive 24,360 $19.82
Bookkeeping, Accounting, and Auditing Clerks 9,010 $21.02
All Occupations 845,580 $21.48
Automotive Service Technicians and Mechanics 5,410 $21.69
First-Line Supervisors of Retail Sales Workers 7,870 $21.78
Two-bedrooom Housing Wage $21.81
Heavy and Tractor-Trailer Truck Drivers 11,380 $23.06
Electricians 5,060 $27.58
First-Line Supervisors of Office and Administrative Support Workers 8,310 $28.52
First-Line Supervisors of Construction Trades and Extraction Workers 6,480 $32.79
Accountants and Auditors 6,810 $34.47
Business Operations Specialists, All Other 7,210 $37.00
Registered Nurses 18,030 $41.35
General and Operations Managers 17,200 $48.75

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