Pay and cost of living in Valencia County, NM
Valencia County, NM is part of the Albuquerque, NM labor market, and this page summarizes 10 occupations with published wages there. The median of their median salaries is $35,845 a year. The best-paid occupation listed is Registered Nurses at $96,040, and the lowest is Fast Food and Counter Workers at $29,140.
A one-bedroom apartment in Valencia County, NM has a HUD Fair Market Rent of $1,112 a month and a two-bedroom $1,384. Rent, food, home energy and gasoline for one adult add up to $20,036 a year. After federal, FICA and state income taxes, the average occupation here takes home $38,511 a year, and every one of the 10 occupations listed here earns enough take-home pay to cover the four basics.
Each occupation links to a detailed page with gross pay, take-home pay, rent, food and energy costs, and the monthly budget margin. All pages share one method, which makes it easy to compare jobs inside Valencia County, NM or against other counties.
Housing, taxes and commute in Valencia County, NM
The figures below are exact U.S. Census Bureau American Community Survey 2020-2024 5-year estimates for Valencia County, NM, set beside the New Mexico and national medians.
Median household income in Valencia County, NM is $58,933, 8% below the New Mexico median of $64,059 and $80,734 nationally. A year of one-bedroom Fair Market Rent ($13,344) equals 22.6% of that income. The median of the occupation medians listed here, $35,845, is 39% below household income, which is expected because a household can hold more than one earner.
Homeowners in Valencia County, NM pay a median of $1,374 a year in real estate taxes, 21% below the New Mexico median of $1,731. With a median home value of $223,000, 10% below the New Mexico median of $248,100, the ratio of the two medians is 0.62% a year.
Renters in Valencia County, NM pay a median gross rent of $1,015 a month in the Census survey, 5% below the New Mexico median of $1,067. HUD's one-bedroom Fair Market Rent used for the budgets on this site is $1,112; the Census figure covers rental units of every size.
Workers in Valencia County, NM who travel to a workplace spend an average of 30.2 minutes each way, 29% above the New Mexico average of 23.5. 11.1% of workers work from home, compared with 15.1% nationally.