Quick facts: Moriarty, NM

Quick Facts

96.1
Cost of Living
below US average
1,990
Population
46.73
Crime Rate per 1000
above US average
$33,026
Median Income
below US average
$75,000
Median House Price
above US average
$1624.17
Average Rent
above US average
Poverty rate Data is updating, will be available soon
Unemployment Data is updating, will be available soon

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 $33,026.

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Income Needed to Buy

βœ“ Affordable
$24k/year
Based on $75,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
πŸ“Š Median income ($33,026) exceeds requirement
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Income Needed to Rent

⚠ Stretch
$70k/year
Based on $1624.17/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $70k vs median $33,026
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Moriarty, NM

Moriarty is a small city located in Torrance County, New Mexico, roughly 30 miles east of Albuquerque. With a population of around 1,800 residents, it embodies a quiet, rural charm intertwined with rich history and natural beauty. Moriarty is known for its friendly community atmosphere and is often considered a gateway to the scenic landscapes of the American Southwest. The town is named after the Moriarty family, early settlers in the area, and has a mix of historic sites and modern amenities. It serves as a hub for visitors exploring nearby attractions such as the Sandia Mountains and the Route 66 corridor. The city is also home to several local businesses, restaurants, and parks that provide recreational opportunities for families and individuals alike. Moriarty hosts various community events throughout the year, fostering a sense of togetherness among its residents. The annual Christmas Festival and local fairs are particularly popular. With its combination of quaint charm and access to larger city amenities, Moriarty offers a unique blend of small-town living and Southwestern adventure.

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