Sheep Springs, NM
360Residents
$30,625Median household income
$819/moMedian gross rent
$99,000Median home value
28.7Median age
6%Adults with a bachelor’s degree or higher
67%Homes lived in by their owners
3.2×Home value to household income
Median rent takes about 32% of the median household income in Sheep Springs.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $33,000 a year. In New Mexico that leaves roughly $2,257 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.