Pay and cost of living in Taos County, NM
Taos County, NM is part of the Northern New Mexico nonmetropolitan area labor market, and this page summarizes 1 occupations with published wages there. The median of their median salaries is $27,500 a year. The best-paid occupation listed is Home Health and Personal Care Aides at $27,500, and the lowest is Home Health and Personal Care Aides at $27,500.
A one-bedroom apartment in Taos County, NM has a HUD Fair Market Rent of $1,104 a month and a two-bedroom $1,292. Rent, food, home energy and gasoline for one adult add up to $19,940 a year. After federal, FICA and state income taxes, the average occupation here takes home $23,915 a year, and every one of the 1 occupations listed here earns enough take-home pay to cover the four basics.
Each occupation links to a detailed page with gross pay, take-home pay, rent, food and energy costs, and the monthly budget margin. All pages share one method, which makes it easy to compare jobs inside Taos County, NM or against other counties.
Housing, taxes and commute in Taos County, NM
The figures below are exact U.S. Census Bureau American Community Survey 2020-2024 5-year estimates for Taos County, NM, set beside the New Mexico and national medians.
Median household income in Taos County, NM is $58,950, 8% below the New Mexico median of $64,059 and $80,734 nationally. A year of one-bedroom Fair Market Rent ($13,248) equals 22.5% of that income. The median of the occupation medians listed here, $27,500, is 53% below household income, which is expected because a household can hold more than one earner.
Homeowners in Taos County, NM pay a median of $1,129 a year in real estate taxes, 35% below the New Mexico median of $1,731. With a median home value of $382,800, 54% above the New Mexico median of $248,100, the ratio of the two medians is 0.29% a year.
Renters in Taos County, NM pay a median gross rent of $1,034 a month in the Census survey, 3% below the New Mexico median of $1,067. HUD's one-bedroom Fair Market Rent used for the budgets on this site is $1,104; the Census figure covers rental units of every size.
Workers in Taos County, NM who travel to a workplace spend an average of 25.5 minutes each way, 9% above the New Mexico average of 23.5. 19.7% of workers work from home, compared with 15.1% nationally.