New Mexico Affordability
How affordable is New Mexico real estate?
Public Record + Census ACS
Median Home Price
$290K
Median Household Income
$58,722
Affordability Index
4.94
vs National Avg
-27.6%
Methodology
Affordability index = local median home price ÷ state median household income. A value of 4.0 means homes cost 4x annual income (roughly the historical "rule of thumb" ceiling). Higher values = less affordable.
Income figures: US Census Bureau, ACS 5-year estimates (state level). Sale prices: MarketTimeline public-record SOLD events, last 12 months.