Quick facts: Jemez springs, NM

Quick Facts

96.1
Cost of Living
below US average
197
Population
253.81
Crime Rate per 1000
above US average
$88,750
Median Income
above US average
$215,000
Median House Price
above US average
$1486
Average Rent
above US average
15%
Poverty Rate
above US average
3.5%
Unemployment Rate
below US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $88,750.

🏠

Income Needed to Buy

βœ“ Affordable
$67k/year
Based on $215,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
πŸ“Š Median income ($88,750) exceeds requirement
🏒

Income Needed to Rent

βœ“ Affordable
$64k/year
Based on $1486/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($88,750) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Jemez springs, NM

Jemez Springs is a small, charming village located in the stunning Jemez Mountains of New Mexico. Nestled at an elevation of approximately 6,400 feet, this scenic locale offers breathtaking views and a rich cultural heritage influenced by its Native American roots and Spanish history. The village is renowned for its natural hot springs, offering visitors relaxing and therapeutic experiences. Surrounded by the natural beauty of the Santa Fe National Forest, Jemez Springs is an ideal destination for outdoor enthusiasts. The area provides opportunities for hiking, fishing, and exploring the unique geological formations, such as the Valles Caldera National Preserve, an expansive volcanic caldera teeming with wildlife and diverse ecosystems. Jemez Springs also boasts a quaint artistic community, with local galleries showcasing works inspired by the breathtaking landscapes. Visitors can enjoy local dining options featuring New Mexican cuisine, along with nearby attractions like the San Jose de los Jemez Mission ruins and the historic Jemez Pueblo. Whether seeking tranquility in nature or exploring cultural sites, Jemez Springs is a hidden gem that offers a unique escape in New Mexico.

πŸ” Search & Compare Places

First Location πŸ“