How many renters in Bosque Farms, NM pay more than 30% of their income on rent?
93.7% (±30.4 points) of renting households in Bosque Farms, NM spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).
67.6% spend 35% or more.
The median renting household spends 36.9% of its income on rent.
Figures last updated on .
- Paying 30% or more
- 93.7% (±30.4 points)
- Paying 35% or more
- 67.6% (±22.5 points)
- Median share of income
- 36.9% (±2.1 points)
Rent as a share of income in Bosque Farms
| Share of income spent on rent | Bosque Farms | Valencia County | New Mexico | United States |
|---|---|---|---|---|
| Less than 15% | 0.0% (±25.4 points) | 8.8% | 14.3% | 12.6% |
| 15% to 19.9% | 6.3% (±9.7 points) | 15.2% | 12.5% | 12.2% |
| 20% to 24.9% | 0.0% (±25.4 points) | 9.8% | 11.5% | 12.6% |
| 25% to 29.9% | 0.0% (±25.4 points) | 9.9% | 11.5% | 11.5% |
| 30% to 34.9% | 26.1% (±20.4 points) | 13.1% | 8.5% | 9.2% |
| 35% or more | 67.6% (±22.5 points) | 43.1% | 41.7% | 41.9% |
Households whose income could not be measured against their rent (for example, those reporting no income) are left out of these shares, as the Census Bureau leaves them out.
Bosque Farms against Valencia County, its state and the nation
| Bosque Farms | Valencia County | New Mexico | United States | |
|---|---|---|---|---|
| Paying 30% or more | 93.7% (±30.4 points) | 56.2% (±9.3 points) | 50.2% (±1.1 points) | 51.1% |
| Paying 35% or more | 67.6% (±22.5 points) | 43.1% (±7.4 points) | 41.7% (±0.9 points) | 41.9% |
| Median share of income | 36.9% (±2.1 points) | 32.4% (±2.8 points) | 30.1% (±0.5 points) | 30.6% |
| Median renter household income | $28,707 (±$7,755) | $35,935 (±$3,072) | $40,497 (±$955) | $52,966 |
| Median gross rent | $897 (±$107) | $1,015 (±$70) | $1,067 (±$11) | $1,413 |
In Bosque Farms, the share of renters paying 30% or more of income is higher than in Valencia County (56.2%).
It is also higher than in New Mexico (50.2%).
It is higher than the national figure (51.1%).
In Valencia County, Bosque Farms ranks 1 of 13 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.
Statewide, it ranks 22 of 189.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Renters paying 30% or more of income in places near Bosque Farms
| Place | Distance | Renters paying 30% or more of income | Compared with this place |
|---|---|---|---|
| Bosque Farms | — | 93.7% (±30.4 points) | — |
| Peralta | 1.9 mi | 62.3% (±39.5 points) | Not measurably different |
| Valencia | 3.4 mi | 0.0% (±53.3 points) | Lower |
| Isleta | 3.5 mi | 0.0% (±100.0 points) | Not measurably different |
| El Cerro | 5.1 mi | 90.7% (±56.9 points) | Not measurably different |
| Los Lunas | 6.2 mi | 61.0% (±18.0 points) | Not measurably different |
| El Cerro Mission | 6.7 mi | 22.7% (±30.1 points) | Lower |
| Tome | 8.0 mi | 67.6% (±57.8 points) | Not measurably different |
| Meadow Lake | 8.2 mi | 84.2% (±29.4 points) | Not measurably different |
Nearby places with a measurably lower figure: Valencia, NM (0.0%), El Cerro Mission, NM (22.7%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Renters paying 30% or more of income across Valencia County, place by place
| Rank | Place | Renters paying 30% or more of income |
|---|---|---|
| 1 | Bosque Farms | 93.7% (±30.4 points) |
| 2 | El Cerro | 90.7% (±56.9 points) |
| 3 | Meadow Lake | 84.2% (±29.4 points) |
| 4 | Tome | 67.6% (±57.8 points) |
| 5 | Los Chaves | 65.5% (±30.1 points) |
| 6 | Peralta | 62.3% (±39.5 points) |
| 7 | Los Lunas | 61.0% (±18.0 points) |
Showing 7 of 13 places in Valencia County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates).
Margins of error are at the 90% confidence level.
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Questions about Bosque Farms
Are renters in Bosque Farms rent-burdened?
93.7% of renting households in Bosque Farms pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).
What share of income do renters in Bosque Farms spend on rent?
The median renting household in Bosque Farms, NM spends 36.9% (±2.1 points) of its household income on gross rent.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Bosque Farms village, New Mexico
- Median Gross Rent as a Percentage of Household Income (B25071), 2020–2024 ACS 5-year estimates — Bosque Farms village, New Mexico
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Bosque Farms village, New Mexico
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Bosque Farms village, New Mexico (place:08580, in state:35).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The API needs a free key.
DP04_0136E, DP04_0136M, DP04_0137PE, DP04_0137PM, DP04_0138PE, DP04_0138PM, DP04_0139PE, DP04_0139PM, DP04_0140PE, DP04_0140PM, DP04_0141PE, DP04_0141PM, DP04_0142PE, DP04_0142PM, B25071_001E, B25071_001M, B25119_003E, B25119_003M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
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- Median rent in Bosque Farms
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- Home values in Bosque Farms
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- Types of homes in Bosque Farms
- Age of homes in Bosque Farms
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- Crime reported to police in Bosque Farms
- Population growth in Bosque Farms
- How long people stay in Bosque Farms
- New Mexico landlord and tenant rules
- Housing across Valencia County
- New Mexico places ranked by rent burden
- Housing data for every place in New Mexico