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Housing Affordability in Springer, 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
- 22.9%
- New Mexico 29.0%
- Renters paying 30%+
- 52.8%
- New Mexico 50.2%
- Homeowners paying 30%+
- 12.1%
- New Mexico 20.8%
- Owner costs with a mortgage
- $1,291/mo
- New Mexico $1,564/mo
Springer has fewer than 10,000 residents, so these survey estimates have wide margins of error. Compare with care.
Housing costs compared with income
- Renters paying 30% or more6752.8%
- Homeowners paying 30% or more4212.1%
- Renters paying 50% or more2015.7%
- Median rent as a share of income: 36.0%
- Median owner costs as a share of income, with a mortgage: 18.5%
- Median owner costs without a mortgage: $368/mo
- Median home value divided by median household income: 1.7
How it compares
Swipe the table sideways to see more columns.
| Area | Households paying 30%+ for housing | Renters 30%+ | Owners 30%+ | Median rent as % of income |
|---|---|---|---|---|
| Springer, NM | 22.9% | 52.8% | 12.1% | 36.0% |
| Colfax County | 27.9% | 46.5% | 22.4% | 25.3% |
| New Mexico | 29.0% | 50.2% | 20.8% | 30.1% |
| United States | 32.2% | 51.1% | 22.7% | 30.6% |
Frequently asked questions
- What is the housing cost burden in Springer, NM?
- In Springer, NM, 22.9% of households spend 30% or more of their income on housing costs.
- How does Springer compare with New Mexico?
- The households paying 30%+ for housing in Springer is 22.9%, compared with 29.0% for New Mexico as a whole.
Source: U.S. Census Bureau, American Community Survey · 2020-2024 5-year estimates