2015 HUD Median Income for New Mexico

Young family
Median household income is used for a range of reasons, including identifying eligibility for low to moderate mortgage loans; also known as CRA (Community Reinvestment Act). Fannie Mae and Freddie Mac each have a special loan program that is partially dependent on the household median income (i.e. Home Possible Mortgage and the My Community Mortgage). If you’re seeking a mortgage and your household income is at or lower than  the limits listed below, mention this to the lender or mortgage broker. The benefit may be a lower down payment, closing cost assistance, grant money, reduced interest rat e or reduced mip/pmi.

The U.S. Census Bureau defines median household income as follows:
“Median income is the amount which divides the income distribution into two equal groups, half having income above that amount, and half having income below that amount. Mean income (average) is the amount obtained by dividing the total aggregate income of a group by the number of units in that group. The means and medians for households and families are based on all households and families. Means and medians for people are based on people 15 years old and over with income”


2015 HUD median income limits for New Mexico Counties


2015 Median County Income 80% of Median Household Income
County Name Median Area Income 1 Person 2 People 3 People 4 People 5 People 6 People 7 People 8 People
Bernalillo County 59,400 33,250 38,000 42,750 47,500 51,300 55,100 58,900 62,700
Catron County 46,600 27,100 31,000 34,850 38,700 41,800 44,900 48,000 51,100
Chaves County 55,600 28,000 32,000 36,000 39,950 43,150 46,350 49,550 52,750
Cibola County 42,200 27,100 31,000 34,850 38,700 41,800 44,900 48,000 51,100
Colfax County 51,700 28,950 33,100 37,250 41,350 44,700 48,000 51,300 54,600
Curry County 55,700 31,150 35,600 40,050 44,450 48,050 51,600 55,150 58,700
De Baca County 43,000 27,100 31,000 34,850 38,700 41,800 44,900 48,000 51,100
Dona Ana County 45,200 27,100 31,000 34,850 38,700 41,800 44,900 48,000 51,100
Eddy County 63,000 35,300 40,350 45,400 50,400 54,450 58,500 62,500 66,550
Grant County 46,300 27,100 31,000 34,850 38,700 41,800 44,900 48,000 51,100
Guadalupe County 36,700 27,100 31,000 34,850 38,700 41,800 44,900 48,000 51,100
Harding County 50,700 28,400 32,450 36,500 40,550 43,800 47,050 50,300 53,550
Hidalgo County 43,400 27,100 31,000 34,850 38,700 41,800 44,900 48,000 51,100
Lea County 62,400 32,100 36,700 41,300 45,850 49,550 53,200 56,900 60,550
Lincoln County 54,600 30,600 35,000 39,350 43,700 47,200 50,700 54,200 57,700
Los Alamos County 131,100 46,100 52,650 59,250 65,800 71,100 76,350 81,600 86,900
Luna County 38,400 27,100 31,000 34,850 38,700 41,800 44,900 48,000 51,100
McKinley County 35,600 27,100 31,000 34,850 38,700 41,800 44,900 48,000 51,100
Mora County 44,800 27,100 31,000 34,850 38,700 41,800 44,900 48,000 51,100
Otero County 46,500 27,100 31,000 34,850 38,700 41,800 44,900 48,000 51,100
Quay County 44,100 27,100 31,000 34,850 38,700 41,800 44,900 48,000 51,100
Rio Arriba County 49,000 27,450 31,400 35,300 39,200 42,350 45,500 48,650 51,750
Roosevelt County 48,100 27,100 31,000 34,850 38,700 41,800 44,900 48,000 51,100
Sandoval County 59,400 33,250 38,000 42,750 47,500 51,300 55,100 58,900 62,700
San Juan County 54,700 30,900 35,300 39,700 44,100 47,650 51,200 54,700 58,250
San Miguel County 43,200 27,100 31,000 34,850 38,700 41,800 44,900 48,000 51,100
Santa Fe County 62,400 34,950 39,950 44,950 49,900 53,900 57,900 61,900 65,900
Sierra County 45,300 27,100 31,000 34,850 38,700 41,800 44,900 48,000 51,100
Socorro County 45,500 27,100 31,000 34,850 38,700 41,800 44,900 48,000 51,100
Taos County 46,800 27,100 31,000 34,850 38,700 41,800 44,900 48,000 51,100
Torrance County 59,400 33,250 38,000 42,750 47,500 51,300 55,100 58,900 62,700
Union County 46,900 27,100 31,000 34,850 38,700 41,800 44,900 48,000 51,100
Valencia County 59,400 33,250 38,000 42,750 47,500 51,300 55,100 58,900 62,700