How many renters in Las Vegas, NM pay more than 30% of their income on rent?
56.0% (±12.7 points) of renting households in Las Vegas, NM spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).
48.2% spend 35% or more.
The median renting household spends 33.9% of its income on rent.
Figures last updated on .
- Paying 30% or more
- 56.0% (±12.7 points)
- Paying 35% or more
- 48.2% (±11.5 points)
- Median share of income
- 33.9% (±10.2 points)
Rent as a share of income in Las Vegas
| Share of income spent on rent | Las Vegas | San Miguel County | New Mexico | United States |
|---|---|---|---|---|
| Less than 15% | 18.4% (±7.9 points) | 17.2% | 14.3% | 12.6% |
| 15% to 19.9% | 6.1% (±5.2 points) | 6.6% | 12.5% | 12.2% |
| 20% to 24.9% | 10.2% (±6.6 points) | 9.2% | 11.5% | 12.6% |
| 25% to 29.9% | 9.3% (±5.3 points) | 10.7% | 11.5% | 11.5% |
| 30% to 34.9% | 7.8% (±5.4 points) | 7.7% | 8.5% | 9.2% |
| 35% or more | 48.2% (±11.5 points) | 48.6% | 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.
Las Vegas against San Miguel County, its state and the nation
| Las Vegas | San Miguel County | New Mexico | United States | |
|---|---|---|---|---|
| Paying 30% or more | 56.0% (±12.7 points) | 56.3% (±11.0 points) | 50.2% (±1.1 points) | 51.1% |
| Paying 35% or more | 48.2% (±11.5 points) | 48.6% (±10.0 points) | 41.7% (±0.9 points) | 41.9% |
| Median share of income | 33.9% (±10.2 points) | 34.1% (±9.0 points) | 30.1% (±0.5 points) | 30.6% |
| Median renter household income | $16,346 (±$8,284) | $18,283 (±$9,098) | $40,497 (±$955) | $52,966 |
| Median gross rent | $792 (±$93) | $823 (±$86) | $1,067 (±$11) | $1,413 |
In Las Vegas, the share of renters paying 30% or more of income is not measurably different from San Miguel County (56.3%).
It is not measurably different from New Mexico (50.2%).
It is not measurably different from the national figure (51.1%).
Statewide, it ranks 63 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 Las Vegas
| Place | Distance | Renters paying 30% or more of income | Compared with this place |
|---|---|---|---|
| Las Vegas | — | 56.0% (±12.7 points) | — |
| Pecos | 26 mi | 64.4% (±38.4 points) | Not measurably different |
| Cañoncito | 35 mi | 100.0% (±52.2 points) | Not measurably different |
| Wagon Mound | 40 mi | 5.9% (±42.4 points) | Lower |
| Eldorado at Santa Fe | 41 mi | 47.3% (±48.4 points) | Not measurably different |
| Tesuque | 41 mi | 51.3% (±27.7 points) | Not measurably different |
| Santa Fe | 43 mi | 52.1% (±3.6 points) | Not measurably different |
| Tano Road | 44 mi | 46.7% (±102.5 points) | Not measurably different |
| Agua Fria | 45 mi | 44.5% (±22.8 points) | Not measurably different |
Nearby places with a measurably lower figure: Wagon Mound, NM (5.9%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
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 Las Vegas
Are renters in Las Vegas rent-burdened?
56.0% of renting households in Las Vegas 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 Las Vegas spend on rent?
The median renting household in Las Vegas, NM spends 33.9% (±10.2 points) of its household income on gross rent.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Las Vegas city, New Mexico
- Median Gross Rent as a Percentage of Household Income (B25071), 2020–2024 ACS 5-year estimates — Las Vegas city, New Mexico
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Las Vegas city, 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 Las Vegas city, New Mexico (place:39940, 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 .
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