Cost of Living in Roosevelt County, New Mexico
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Roosevelt County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Roosevelt County ranks #2,389 of 3,144 counties for affordability (bottom 24%)
Data Story
About Cost of Living in Roosevelt County, New Mexico
Roosevelt County near-parity affordability
Roosevelt County's 19.8% rent-to-income ratio sits just above New Mexico's 19.4% state average and aligns closely with national affordability norms. With median household income of $52,445 and rents at $863 monthly, Roosevelt County residents enjoy near-balanced housing costs relative to peers.
Average affordability, moderate rents
Roosevelt County's 19.8% rent-to-income ratio slightly exceeds New Mexico's 19.4% average, placing it in the middle tier for state affordability. At $863 monthly rent—above the state median of $876—Roosevelt balances reasonable costs with moderate county incomes.
Mid-range rents in regional context
Roosevelt County's $863 rent ranks mid-range among these eight counties, higher than rural peers like Quay ($752) and Luna ($685) but lower than Otero ($926) and San Juan ($917). This pricing reflects Roosevelt's positioning between remote rural areas and more developed regional markets.
Unusual: renters and owners cost equally
Roosevelt County presents a rare affordability profile where renters and homeowners pay nearly identical housing costs: $863 monthly rent versus $868 ownership at median. With median income of $52,445, both groups spend approximately 19.8-19.9% of gross income on housing—an unusual equilibrium.
Balanced housing market, equal access
Roosevelt County offers balanced affordability for both renters and homeowners, with near-identical monthly costs and median home values of $136,000. Relocators can choose tenure based on preference rather than affordability pressure, making Roosevelt an accessible option for diverse housing needs.
Cost of Living Advisory: Roosevelt County
Affordability Verdict
Roosevelt County is affordable for renters, with a median gross rent of $863/month representing approximately 19.7% of median household income. The rent burden (GRAPI) stands at 29.0%.
Rent vs. Own
The median rent in Roosevelt County is $863/month, while owner costs run $868/month. Renting saves approximately $5/month.
Income Needed
To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $34,520/year. For owner costs at the 28% rule, the required income is roughly $37,200/year. With a median household income of $52,445, most households can comfortably afford rent here. Notably, 29.0% of renter households in Roosevelt County are cost-burdened, spending more than 30% of income on housing.
Regional Context
Compared to Grant County where rent averages $810/month, Roosevelt County is approximately 7% more expensive.
Affordability Calculator
See how your income compares to housing costs in Roosevelt County
Rent Burden
19.7%
of gross income
Max Housing (28% Rule)
$1,224
per month
Owner Cost Burden
19.9%
of gross income
You can likely afford the median home in Roosevelt County
Median home value is $136,000. Estimated monthly cost: $1,086 vs. your max of $1,224.
Rent Affordability Guide
Income Needed Calculator
See how much you need to earn to comfortably afford housing
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Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.
Frequently Asked Questions
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.
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