Hernandez, NM
769Residents
$26,923Median household income
$894/moMedian gross rent
$148,200Median home value
50.4Median age
6%Adults with a bachelor’s degree or higher
62%Homes lived in by their owners
5.5×Home value to household income
Median rent takes about 40% of the median household income in Hernandez.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $36,000 a year. In New Mexico that leaves roughly $2,445 a month after tax. See the full paycheck breakdown for $35,000.
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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.