Builders Patch | HousingCount Otero County affordable housing data.
Otero County
Summary
31.9% share of renter households
50.1% share of low-income households
40.9% share of rent-burdened households
Renter population data
Renters vs homeowners
| Households | % share |
|---|---|
| Renter households | 2,430 |
| Homeowner households | 5,188 |
| Total households | 7,618 |
Low-income renter households
| Households | % share |
|---|---|
| Extremely low-income (≤30% AMI) | 332 |
| Very low-income (31-50% AMI) | 328 |
| Low-income (51-80% AMI) | 557 |
| All low-income households (<80% AMI) | 1,217 |
Rent-burdened households
| Households | % share |
|---|---|
| Moderately rent-burdened | 483 |
| 30.0–34.9% | 180 |
| 35.0–39.9% | 89 |
| 40.0-49.9% | 214 |
| Severely rent-burdened | 511 |
| ≥50.0% | 511 |
| All rent-burdened households | 994 |
Affordable housing shortage
Rent vs median household income
| Metric | Amount ($) |
|---|---|
| Median household income in 2010 | 19,346 |
| Median household income in 2021 | 32,674 |
| Increase (2010–2021) | 68.9% |
| Median rent in 2010 | 899 |
| Median rent in 2021 | 526 |
| Increase (2010–2021) | -41.5% |
Affordable housing stock
| Metric | Units |
|---|---|
| Supply (current stock) | 719 |
| Demand (total units needed) | 579 |
| Shortage | 96 |
| Total shortage | 96 |
| Supply/Demand ratio | 124.2% |