Key Economic Benchmarks
Median Household Income
$52,685$4,390 per month · U.S. Census Bureau ACS 5-YearFair market rent & 30% rule in Roosevelt County, NM
Official HUD Fair Market Rents evaluated against local household income benchmarks.
2026 HUD Fair Market Rent Schedule: Roosevelt County, NM
Official FY2026 HUD Fair Market Rents for Roosevelt County, NM. Under the federal 30% housing affordability standard, housing costs are sustainable when they consume 30% or less of gross household income.
| Unit Size | Monthly Rent | Annual Rent | 30% Rule Min. Income | % of Median Income |
|---|---|---|---|---|
| Studio / Efficiency | $725 | $8,700 | $29,000 | 16.5% |
| 1-Bedroom Apartment | $772 | $9,264 | $30,880 | 17.6% |
| 2-Bedroom ApartmentBenchmark | $975 | $11,700 | $39,000 | 22.2% |
| 3-Bedroom Home | $1,356 | $16,272 | $54,240 | 30.9% |
| 4-Bedroom Home | $1,636 | $19,632 | $65,440 | 37.3% |
50/30/20 Living Budget in Roosevelt County, NM
Based on the local median household income of $52,685/year ($4,390/month), here is how a balanced budget allocates expenses:
Take-Home Pay & Tax Explorer in New Mexico
Explore net income after federal income tax, FICA, and New Mexico state income tax based on the local median baseline.
Related Regional & Financial Profiles
Compare earnings and living costs across New Mexico with official federal datasets:
Frequently Asked Questions About Living in Roosevelt County, NM
What is the median household income in Roosevelt County, NM?
According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Roosevelt County, NM is $52,685 per year (approximately $4,390 per month).
What is the average rent in Roosevelt County, NM?
According to HUD Fair Market Rent (FMR) benchmarks for 2026, standard monthly rents in Roosevelt County, NM are $725 for a studio, $772 for 1 bedroom, $975 for 2 bedrooms, $1,356 for 3 bedrooms, and $1,636 for 4 bedrooms.
How does the cost of living in Roosevelt County, NM compare to the national average?
Based on the Bureau of Economic Analysis (BEA) Regional Price Parity index, the general price level in Roosevelt County, NM is 92.2 (7.8% lower than the U.S. national baseline of 100.0).
How much do you need to earn to comfortably afford rent in Roosevelt County, NM?
Under the standard 30% housing affordability standard, renting a median 2-bedroom home ($975/month) in Roosevelt County, NM requires a minimum gross household income of $39,000 per year ($3,250 per month).
What is a balanced 50/30/20 monthly budget in Roosevelt County, NM?
For a typical household earning the median income of $52,685/year ($4,390/month) in Roosevelt County, NM, a balanced 50/30/20 budget allocates $2,195/month to essential needs (rent, utilities, groceries), $1,317/month to discretionary spending, and $878/month to savings and debt repayment.
What are typical electricity and utility costs in Roosevelt County, NM?
Residential electricity rates in New Mexico average 15.1¢ per kWh according to the U.S. Energy Information Administration (EIA). For an average home using 900 kWh per month, the estimated electric bill is approximately $136 per month.