Affordable

What Salary Do You Need to Live in Pecos?

To afford a 2-bedroom in Pecos, you need to earn at least $33,400/year based on estimated fair market rent data. The median household income here is $42,105, which means the typical resident is $8,705 above the threshold.

Census ACS Data Pop. 885

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$585	$1,950	$23,400	$-18,705
1 Bedroom	$693	$2,310	$27,720	$-14,385
2 Bedroom BENCHMARK	$835	$2,783	$33,400	$-8,705
3 Bedroom	$1,019	$3,397	$40,760	$-1,345
4 Bedroom	$1,253	$4,177	$50,120	+$8,015

Affordability Breakdown

Where the required salary line crosses above Pecos's median income — housing becomes unaffordable for the typical resident.

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$42,105

Annual household

2BR Required Salary

$33,400

Under 30% rule

Income Gap

+$8,705

Surplus

Verdict

Affordable

Ratio: 23.8%

The 30% Rule Calculator

Enter your annual salary to see what you can afford in Pecos

Your Annual Salary

Pre-filled with Pecos's median household income

Max monthly rent you can afford$1,053

Studio

$585/mo

1 BR

$693/mo

2 BR

$835/mo

3 BR

$1,019/mo

4 BR

$1,253/mo

Your salary is $0 above the median income in Pecos.

Salary Comparison by Bedroom

Bars left of the marker line are affordable for Pecos's median earner. Bars to the right require above-median income.

Affordable Above Median Median Income

What This Means If You're Moving to Pecos

Living in Pecos is well within reach for most median-income earners. With a $8,705 cushion between what residents earn and what a 2-bedroom requires, households in Pecos typically have meaningful financial flexibility after housing costs.

For remote workers or relocators evaluating Pecos, a studio at $585/month offers an even more aggressive savings rate. Even a 3-bedroom at $1,019/month remains accessible for dual-income households earning above $40,760.

To live comfortably with room for non-housing expenses, a break-even salary of approximately $50,100 would position you well — though many residents in Pecos manage on less given the favorable rent-to-income dynamics.

Economic Outlook

Local Job Market & Housing Dynamics

Affording rent isn't just about housing prices—it's heavily dependent on local employment opportunities and the strength of the job market in Pecos, New Mexico.

With a total population of 885, the city supports an active civilian workforce of 367 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $33,400 annual salary. The ratio of employed residents to the total population provides insight into the local economic health and competition for both jobs and housing.

Employed Workforce

367

Active civilian employees in Pecos

Frequently Asked Questions About Renting in Pecos

What salary do I need to live in Pecos, New Mexico?

To afford a 2-bedroom in Pecos under the 30% rule, you need an annual salary of at least $33,400. The median household income in Pecos is $42,105.

Can I afford a 2-bedroom in Pecos on $42,105?

The affordability verdict for Pecos is "Affordable". The rent-to-income ratio is 23.8%, meaning median earners have a $8,705 surplus.

What is the average rent in Pecos compared to median income?

The median gross rent in Pecos is $693/month. With a median household income of $42,105, residents spend approximately 23.8% of their income on rent.

What salary do I need for a studio in Pecos?

A studio in Pecos rents for approximately $585/month. Under the 30% rule, you need an annual salary of $23,400 to afford this.

Is Pecos considered an affordable place to live?

Based on the surplus of $8,705 and an affordability verdict of "Affordable", Pecos is considered a affordable rental market when comparing the required 2-bedroom salary of $33,400 to the local median household income.

How Pecos Compares

Other cities in New Mexico with salary requirements