Santa Teresa, NM
6,041Residents
$63,161Median household income
$1,356/moMedian gross rent
$215,100Median home value
33.2Median age
38%Adults with a bachelor’s degree or higher
74%Homes lived in by their owners
3.4×Home value to household income
Median rent takes about 26% of the median household income in Santa Teresa.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $54,000 a year. In New Mexico that leaves roughly $3,577 a month after tax. See the full paycheck breakdown for $55,000.
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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.