New Mexico Housing Affordability Index

Daily affordability score for New Mexico compared to the national average — updated every night using live mortgage rates and U.S. Census Bureau income and home value data.

Live Score

New Mexico

114.1

More Affordable Than Avg

MBR-HAI • April 10, 2026

National Average

100.6

Near National Average

MBR-HAI • April 10, 2026

National Rank #15 of 51 states

vs. National Average +13.5 points

30-yr Rate Used 6.681%

Median Home Value $248,100

Median Household Income $64,059

View all state rankings →

New Mexico Affordability Ranking

#15 of 51 states — April 10, 2026 More affordable than average

Most Affordable Least Affordable

More affordable than: 36 of 51 states (71%)

Less affordable than: 14 of 51 states (27%)

MBR-HAI Score: 114.1 vs. national 100.6 (+13.5 points)

Nearby States

↑ 12 more affordable states above

#13 SD 116.1

#14 SC 114.8

#15 New Mexico ◀ 114.1

#16 OH 114.0

#17 DE 112.4

↓ 34 less affordable states below

Top 5 Most Affordable

#1 WV 139.9

#2 AR 131.2

#3 AL 129.8

#4 IA 129.6

#5 MS 126.3

Bottom 5 Least Affordable

#47 RI 90.6

#48 NY 89.3

#49 OR 89.2

#50 MA 87.2

#51 CA 81.5

View full 51-state rankings →

New Mexico MBR-HAI — 90-Day Trend

New Mexico

National Average

Dashed line = national average. Amber dashed line = 100 baseline. Score updates each morning after the nightly rate aggregation run.

Key Affordability Factors — New Mexico

$248,100

Median Home Value

U.S. median: varies by state

$64,059

Median Household Income

U.S. median: $80,734

3.9x

Price-to-Income Ratio

Home value ÷ income

$927/mo

Median Owner Costs

17.4% of income annually

$1,467/yr

Median Property Tax

0.59% effective rate

69.6%

Homeownership Rate

U.S. average: 65.7%

28.4%

Owner Cost Burden

% spending 30%+ of income on housing

6.681%

30-yr Mortgage Rate

State average • April 10, 2026

Source: U.S. Census Bureau ACS 5-Year Estimates (2024), CPS/HVS Q4 2025. Mortgage rate from MBR live rate database.

How New Mexico Ranks Among All States

#15

of 51 states

Least Affordable Most Affordable

New Mexico is more affordable than 72% of U.S. states — More Affordable Than Avg

114.1

MBR-HAI Score

Rank	State	MBR-HAI Score	Affordability
▲ See top 11 states →
12	Missouri	117.6	More Affordable Than Avg
13	South Dakota	116.1	More Affordable Than Avg
14	South Carolina	114.8	More Affordable Than Avg
15	New Mexico You are here	114.1	More Affordable Than Avg
16	Ohio	114.0	More Affordable Than Avg
17	Delaware	112.4	More Affordable Than Avg
18	Pennsylvania	112.0	More Affordable Than Avg
▼ See all 51 state rankings →

Showing states ranked near New Mexico — April 10, 2026 • View complete national rankings →

Download New Mexico HAI Data

New Mexico History (CSV)

Daily score vs. national • all dates

                    date,state,hai_score,national_score,rate_used

                    2026-04-11,NM,114.1,100.6,6.681                

Download NM History (CSV)

All 51 States (CSV)

Compare New Mexico to every state

Daily scores for all 51 states — filter by state or date in Excel or Google Sheets.

All States (CSV)

Explore Further

National MBR-HAI Rankings

See how New Mexico ranks among all 51 states and the national average.

HAI Methodology

How the 10-component formula is computed, data sources, and score interpretation.

New Mexico Mortgage Rates

Live 30-year and 15-year rates from banks and credit unions in New Mexico.