Income limits · New Mexico
22 New Mexico programs publish an income limit, a price cap, or both.22 New Mexico programs publish an income limit, a purchase price cap, or both. Here is how to read one.
Each year, for every county, quoted for a household of four.Each year HUD publishes the area median income for every county, quoted for a household of four.
Up to that share of the median for the county where the home is.A limit written as a share of area median income means up to that share of the median for the county where the home is.
Adjusted for household size, in the program’s own table. That table is the one that counts.The program adjusts its limit for household size and county, and publishes its own table. That table is the one that counts.
Area median income by county
HUD’s four-person figure. Programs adjust it for household size.HUD’s four-person figure for the county where the home is. A program applies its percentage to this number, adjusted for household size by the program.
HUD FY2026 Income Limits, median family income for a four-person household. Program counts: programs whose record names the county, Hey Prescott, verified July 2026. Statewide programs apply too.
How programs set their limits
Grouped by the limit in each program’s own record.Grouped by the limit written in the program’s own record. A program may also set lower tiers inside its limit; the program page has the details.
Each sets its limit another way: a dollar figure, the agency’s own words, or a price cap only.
Limits as written in each program record, Hey Prescott, verified July 2026. Confirm current limits with the administering agency.
Purchase price caps
The highest price the program accepts, as it publishes it.The cap is the highest purchase price the program accepts, as the program publishes it.
Sorted by cap. Caps as published by each agency, Hey Prescott program records, verified July 2026.
Not sure where your income lands?
A counselor can walk through a program’s own income table with you, for free.A counselor can walk through a program’s own income table with you, for free. Create an account, take the 90-second match, and we’ll show the counselors near you.
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22 down payment assistance programs in New Mexico publish an income limit, a purchase price cap, or both. 11 express the limit as a share of the area median income for the county where the home is, and 6 publish a flat dollar figure instead.
Because most limits are set as a share of area median income, which HUD publishes per county and revises annually. A program with one published share therefore admits a different dollar figure in each county, and the program adjusts that figure for household size in its own table.
No. An income limit is one eligibility rule among several — credit requirements, purchase price caps, occupancy rules and homebuyer education all apply separately, and the first-mortgage lender underwrites on its own terms. Always confirm current figures with the administering agency.
No. Hey Prescott is an educational directory of down payment assistance programs. We list programs and link to official sources; we do not make loans or give individualized lending advice.
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