How many renters in Meadow Lake, NM pay more than 30% of their income on rent?

84.2% (±29.4 points) of renting households in Meadow Lake, NM spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).

84.2% spend 35% or more.

The median renting household spends 48.5% of its income on rent.

Figures last updated on .

Paying 30% or more
84.2% (±29.4 points)
Paying 35% or more
84.2% (±23.4 points)
Median share of income
48.5% (±23.0 points)

Rent as a share of income in Meadow Lake

Renting households by gross rent as a percentage of household income, 2020–2024
Share of income spent on rentMeadow LakeValencia CountyNew MexicoUnited States
Less than 15%0.0% (±17.8 points)8.8%14.3%12.6%
15% to 19.9%15.8% (±23.4 points)15.2%12.5%12.2%
20% to 24.9%0.0% (±17.8 points)9.8%11.5%12.6%
25% to 29.9%0.0% (±17.8 points)9.9%11.5%11.5%
30% to 34.9%0.0% (±17.8 points)13.1%8.5%9.2%
35% or more84.2% (±23.4 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.

Meadow Lake against Valencia County, its state and the nation

Estimate (90% margin of error)
Meadow LakeValencia CountyNew MexicoUnited States
Paying 30% or more84.2% (±29.4 points)56.2% (±9.3 points)50.2% (±1.1 points)51.1%
Paying 35% or more84.2% (±23.4 points)43.1% (±7.4 points)41.7% (±0.9 points)41.9%
Median share of income48.5% (±23.0 points)32.4% (±2.8 points)30.1% (±0.5 points)30.6%
Median renter household income$17,167 (±$16,934)$35,935 (±$3,072)$40,497 (±$955)$52,966
Median gross rent$908 (±$701)$1,015 (±$70)$1,067 (±$11)$1,413

In Meadow Lake, the share of renters paying 30% or more of income is not measurably different from 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, Meadow Lake ranks 3 of 13 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.

Statewide, it ranks 26 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 Meadow Lake

Nearest places with a published estimate, compared with Meadow Lake
PlaceDistanceRenters paying 30% or more of incomeCompared with this place
Meadow Lake—84.2% (±29.4 points)—
El Cerro Mission4.8 mi22.7% (±30.1 points)Lower
Valencia6.6 mi0.0% (±53.3 points)Lower
Peralta6.8 mi62.3% (±39.5 points)Not measurably different
Las Maravillas7.1 mi43.3% (±74.4 points)Not measurably different
El Cerro7.3 mi90.7% (±56.9 points)Not measurably different
Bosque Farms8.2 mi93.7% (±30.4 points)Not measurably different
Tome9.8 mi67.6% (±57.8 points)Not measurably different
Isleta10 mi0.0% (±100.0 points)Not measurably different

Nearby places with a measurably lower figure: El Cerro Mission, NM (22.7%), Valencia, NM (0.0%).

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

RankPlaceRenters paying 30% or more of income
1Bosque Farms93.7% (±30.4 points)
2El Cerro90.7% (±56.9 points)
3Meadow Lake84.2% (±29.4 points)
4Tome67.6% (±57.8 points)
5Los Chaves65.5% (±30.1 points)
6Peralta62.3% (±39.5 points)
7Los Lunas61.0% (±18.0 points)
8Belen59.3% (±24.1 points)
9Rio Communities54.8% (±29.3 points)

Showing 9 of 13 places in Valencia County, ranked from highest to lowest.

Meadow Lake is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.

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 Meadow Lake

Are renters in Meadow Lake rent-burdened?

84.2% of renting households in Meadow Lake 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 Meadow Lake spend on rent?

The median renting household in Meadow Lake, NM spends 48.5% (±23.0 points) of its household income on gross rent.

Sources

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 Meadow Lake CDP, New Mexico (place:47220, in state:35).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The API needs a free key.

Request a Census API 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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