2017 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”


2017 HUD median income limits for New Mexico Counties





80% of HUD Median Income
County Name MSA HUD AREA INCOME 1 Person 2 People 3 People 4 People 5 People 6 People 7 People 8 People
Bernalillo County Albuquerque, NM MSA 61,900 34,650 39,600 44,550 49,500 53,500 57,450 61,400 65,350
Catron County Catron County, NM 47,600 29,300 33,500 37,700 41,850 45,200 48,550 51,900 55,250
Chaves County Chaves County, NM 51,100 29,300 33,500 37,700 41,850 45,200 48,550 51,900 55,250
Cibola County Cibola County, NM 44,400 29,300 33,500 37,700 41,850 45,200 48,550 51,900 55,250
Colfax County Colfax County, NM 48,600 29,300 33,500 37,700 41,850 45,200 48,550 51,900 55,250
Curry County Curry County, NM 53,500 30,000 34,250 38,550 42,800 46,250 49,650 53,100 56,500
De Baca County De Baca County, NM 58,600 30,350 34,700 39,050 43,350 46,850 50,300 53,800 57,250
Dona Ana County Las Cruces, NM MSA 46,900 29,300 33,500 37,700 41,850 45,200 48,550 51,900 55,250
Eddy County Eddy County, NM 63,800 35,750 40,850 45,950 51,050 55,150 59,250 63,350 67,400
Grant County Grant County, NM 50,500 29,300 33,500 37,700 41,850 45,200 48,550 51,900 55,250
Guadalupe County Guadalupe County, NM 39,900 29,300 33,500 37,700 41,850 45,200 48,550 51,900 55,250
Harding County Harding County, NM 47,200 29,300 33,500 37,700 41,850 45,200 48,550 51,900 55,250
Hidalgo County Hidalgo County, NM 40,900 29,300 33,500 37,700 41,850 45,200 48,550 51,900 55,250
Lea County Lea County, NM 68,400 36,050 41,200 46,350 51,450 55,600 59,700 63,800 67,950
Lincoln County Lincoln County, NM 50,500 29,300 33,500 37,700 41,850 45,200 48,550 51,900 55,250
Los Alamos County Los Alamos County, NM 128,000 47,600 54,400 61,200 68,000 73,450 78,900 84,350 89,800
Luna County Luna County, NM 36,600 29,300 33,500 37,700 41,850 45,200 48,550 51,900 55,250
McKinley County McKinley County, NM 38,100 29,300 33,500 37,700 41,850 45,200 48,550 51,900 55,250
Mora County Mora County, NM 36,300 29,300 33,500 37,700 41,850 45,200 48,550 51,900 55,250
Otero County Otero County, NM 48,400 29,300 33,500 37,700 41,850 45,200 48,550 51,900 55,250
Quay County Quay County, NM 42,200 29,300 33,500 37,700 41,850 45,200 48,550 51,900 55,250
Rio Arriba County Rio Arriba County, NM 47,700 29,300 33,500 37,700 41,850 45,200 48,550 51,900 55,250
Roosevelt County Roosevelt County, NM 43,900 29,300 33,500 37,700 41,850 45,200 48,550 51,900 55,250
Sandoval County Albuquerque, NM MSA 61,900 34,650 39,600 44,550 49,500 53,500 57,450 61,400 65,350
San Juan County Farmington, NM MSA 58,800 32,950 37,650 42,350 47,050 50,850 54,600 58,350 62,150
San Miguel County San Miguel County, NM 42,200 29,300 33,500 37,700 41,850 45,200 48,550 51,900 55,250
Santa Fe County Santa Fe, NM MSA 62,200 34,850 39,800 44,800 49,750 53,750 57,750 61,700 65,700
Sierra County Sierra County, NM 44,300 29,300 33,500 37,700 41,850 45,200 48,550 51,900 55,250
Socorro County Socorro County, NM 41,900 29,300 33,500 37,700 41,850 45,200 48,550 51,900 55,250
Taos County Taos County, NM 46,100 29,300 33,500 37,700 41,850 45,200 48,550 51,900 55,250
Torrance County Albuquerque, NM MSA 61,900 34,650 39,600 44,550 49,500 53,500 57,450 61,400 65,350
Union County Union County, NM 50,600 29,300 33,500 37,700 41,850 45,200 48,550 51,900 55,250
Valencia County Albuquerque, NM MSA 61,900 34,650 39,600 44,550 49,500 53,500 57,450 61,400 65,350