Affordable

What Salary Do You Need to Live in Radium Springs?

To afford a 2-bedroom in Radium Springs, you need to earn at least $34,320/year based on estimated fair market rent data. The median household income here is $41,750, which means the typical resident is $7,430 above the threshold.

Census ACS Data Pop. 1,657

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$601	$2,003	$24,040	$-17,710
1 Bedroom	$712	$2,373	$28,480	$-13,270
2 Bedroom BENCHMARK	$858	$2,860	$34,320	$-7,430
3 Bedroom	$1,047	$3,490	$41,880	+$130
4 Bedroom	$1,287	$4,290	$51,480	+$9,730

Affordability Breakdown

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

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$41,750

Annual household

2BR Required Salary

$34,320

Under 30% rule

Income Gap

+$7,430

Surplus

Verdict

Affordable

Ratio: 24.7%

The 30% Rule Calculator

Enter your annual salary to see what you can afford in Radium Springs

Your Annual Salary

Pre-filled with Radium Springs's median household income

Max monthly rent you can afford$1,044

Studio

$601/mo

1 BR

$712/mo

2 BR

$858/mo

3 BR

$1,047/mo

4 BR

$1,287/mo

Your salary is $0 above the median income in Radium Springs.

Salary Comparison by Bedroom

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

Affordable Above Median Median Income

What This Means If You're Moving to Radium Springs

Living in Radium Springs is well within reach for most median-income earners. With a $7,430 cushion between what residents earn and what a 2-bedroom requires, households in Radium Springs typically have meaningful financial flexibility after housing costs.

For remote workers or relocators evaluating Radium Springs, a studio at $601/month offers an even more aggressive savings rate. Even a 3-bedroom at $1,047/month remains accessible for dual-income households earning above $41,880.

To live comfortably with room for non-housing expenses, a break-even salary of approximately $51,480 would position you well — though many residents in Radium Springs 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 Radium Springs, New Mexico.

With a total population of 1,657, the city supports an active civilian workforce of 557 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $34,320 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

557

Active civilian employees in Radium Springs

Frequently Asked Questions About Renting in Radium Springs

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

To afford a 2-bedroom in Radium Springs under the 30% rule, you need an annual salary of at least $34,320. The median household income in Radium Springs is $41,750.

Can I afford a 2-bedroom in Radium Springs on $41,750?

The affordability verdict for Radium Springs is "Affordable". The rent-to-income ratio is 24.7%, meaning median earners have a $7,430 surplus.

What is the average rent in Radium Springs compared to median income?

The median gross rent in Radium Springs is $712/month. With a median household income of $41,750, residents spend approximately 24.7% of their income on rent.

What salary do I need for a studio in Radium Springs?

A studio in Radium Springs rents for approximately $601/month. Under the 30% rule, you need an annual salary of $24,040 to afford this.

Is Radium Springs considered an affordable place to live?

Based on the surplus of $7,430 and an affordability verdict of "Affordable", Radium Springs is considered a affordable rental market when comparing the required 2-bedroom salary of $34,320 to the local median household income.

How Radium Springs Compares

Other cities in New Mexico with salary requirements