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Housing Affordability in Eddy County, NM
Households that spend 30% or more of income on housing, rent and owner costs compared with income. American Community Survey 2020-2024 5-year estimates.
- Households paying 30%+ for housing
- 21.2%
- New Mexico 29.0%
- Renters paying 30%+
- 36.4%
- New Mexico 50.2%
- Homeowners paying 30%+
- 16.6%
- New Mexico 20.8%
- Owner costs with a mortgage
- $1,579/mo
- New Mexico $1,564/mo
Housing costs compared with income
- Renters paying 30% or more1,88636.4%
- Homeowners paying 30% or more2,82416.6%
- Renters paying 50% or more84016.2%
- Median rent as a share of income: 26.8%
- Median owner costs as a share of income, with a mortgage: 18.0%
- Median owner costs without a mortgage: $425/mo
- Median home value divided by median household income: 2.7
How it compares
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| Area | Households paying 30%+ for housing | Renters 30%+ | Owners 30%+ | Median rent as % of income |
|---|---|---|---|---|
| Eddy County, NM | 21.2% | 36.4% | 16.6% | 26.8% |
| New Mexico | 29.0% | 50.2% | 20.8% | 30.1% |
| United States | 32.2% | 51.1% | 22.7% | 30.6% |
Cities and towns in Eddy County
Places with 1,000 or more people
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Frequently asked questions
- What is the housing cost burden in Eddy County, NM?
- In Eddy County, NM, 21.2% of households spend 30% or more of their income on housing costs.
- How does Eddy County compare with New Mexico?
- The households paying 30%+ for housing in Eddy County is 21.2%, compared with 29.0% for New Mexico as a whole.
Source: U.S. Census Bureau, American Community Survey · 2020-2024 5-year estimates