Madrone, NM
295Residents
$18,704Median household income
$1,153/moMedian gross rent
$49,800Median home value
58.7Median age
0%Adults with a bachelor’s degree or higher
88%Homes lived in by their owners
2.7×Home value to household income
Median rent takes about 74% of the median household income in Madrone.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $46,000 a year. In New Mexico that leaves roughly $3,074 a month after tax. See the full paycheck breakdown for $45,000.
Largest places in New Mexico
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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.