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CITY

Cedro

New Mexico · 372 residents · 5.392 sq mi
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The short version

Cedro is significantly wealthier than the US average, with a median household income of $121,766. Population has declined 11% since 2023. 69% of adults hold a bachelor's degree or higher, well above the national rate of 36%. Median home value is $362,800. With a median age of 51.3, the population is older than the US median of 38.9. It ranks in the top 5% of US cities for household income.

At a glance
Wealthier
above the US median
US median: $82,259
Older
median age 51.3
US median: 38.9
More educated
69% hold a bachelor's degree
US average: 36%
Stable housing
home values roughly flat, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
372
−11%since 2023
from 417 in 2023
2010 – 2024
Population density
69 / sq mi
−11%since 2023
from 77 / sq mi in 2023
US average: 281
Median age
51.3
−2%since 2023
from 52.5 in 2023
US average: 38.9
Population, 2010 – 2024
242333425516608201020202024Cedro
2024372
201020202024
Section 02

Income & economy

Median household income
$121,766
Unchangedinflation adjusted, since 2023
from $117,846 in 2023
US average: $82,259
2010 – 2024
Per capita income
$66,934
−19%since 2023
from $83,043 in 2023
US average: $44,673
Households earning $100K+
84.1%
+10.7 ptssince 2023
from 73.4% in 2023
US average: 53.3%
Poverty rate
3.8%
−7.5 ptssince 2023
from 11.3% in 2023
US average: 12.5%
Income inequality (Gini)
0.324
−37%since 2023
from 0.513 in 2023
US average: 0.476
Workforce by industry, 2024
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
Wholesale trade0%
US avg: 6.9%
Retail trade0%
US avg: 9.9%
Transportation & warehousing0%
US avg: 2.2%
Information0%
US avg: 10.8%
Finance & insurance0%
US avg: 5.9%
Professional, scientific, technical0%
US avg: 5.1%
Education & health services0%
US avg: 0.9%
Arts, entertainment, food0%
US avg: 1.9%
Other services0%
US avg: 6.7%
Public administration0%
US avg: 4.8%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$362,800
+19%inflation adjusted, since 2023
from $296,300 in 2023
US average: $376,019
2010 – 2024
Owner-occupied
85.7%
−0.8 ptssince 2023
from 86.5% in 2023
14.3% rent
Vacancy rate
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 10.0%
Owner cost-burdened
9.9%
−23.8 ptssince 2023
from 33.7% in 2023
US average: 22.9%
Renter cost-burdened
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 47.4%
Afford Score
3.0
+19%since 2023
from 2.5 in 2023
2010 – 2024
Gentrification Score
79
RELATED:See current rent listings in Cedro on RentDataNow
Section 04

Race & ethnicity

2023
White, non-Hispanic64.7%(270)
Black0%(0)
Hispanic / Latino30.2%(126)
Asian5%(21)
Other0%(0)
Diversity Score60.9%(254)
2024
White, non-Hispanic60.2%(224)
Black0%(0)
Hispanic / Latino30.6%(114)
Asian9.1%(34)
Other0%(0)
Diversity Score66.9%(249)
Diversity Score
67
+10%since 2023
from 61 in 2023
2010 – 2024
Section 05

Education

Bachelor's degree or higher
69.3%
+33.8 ptssince 2023
from 35.5% in 2023
US average: 35.6%
High school or higher
100.0%
Unchangedsince 2023
from 100.0% in 2023
US average: 89.6%
Graduate degree
28.1%
+11.8 ptssince 2023
from 16.3% in 2023
US average: 14.0%
Section 06

Commute & transportation

Average commute
30.5 min
−2%since 2023
from 31.0 min in 2023
US average: 26.5
Drive alone to work
51.2%
−29.1 ptssince 2023
from 80.3% in 2023
US average: 68.9%
Carpooled to work
16.3%
+4.8 ptssince 2023
from 11.5% in 2023
US average: 8.5%
Public transit
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 3.2%
Worked from home
32.5%
+24.3 ptssince 2023
from 8.2% in 2023
US average: 15.0%
Walked to work
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 0.4%
No vehicle available
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 8.3%
Section 07

Work & employment

Unemployment rate
6.3%
−2.2 ptssince 2023
from 8.5% in 2023
US average: 5.2%
Labor force participation
69.0%
+14.7 ptssince 2023
from 54.3% in 2023
US average: 63.5%
Self-employed
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 13.1%
Management & professional
75.6%
+6.7 ptssince 2023
from 68.9% in 2023
US average: 42.5%
Section 08

People & community

Male
47.3%
−5.4 ptssince 2023
from 52.8% in 2023
Female
52.7%
+5.4 ptssince 2023
from 47.2% in 2023
Foreign born
9.1%
+4.1 ptssince 2023
from 5.0% in 2023
US average: 14.1%
Veterans
19.8%
−1.9 ptssince 2023
from 21.7% in 2023
US average: 6.2%
With a disability
0.0%
−12.7 ptssince 2023
from 12.7% in 2023
US average: 13.3%
Uninsured
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 8.4%
Broadband at home
100.0%
+12.7 ptssince 2023
from 87.3% in 2023
US average: 91.0%
English only at home
82.3%
−6.5 ptssince 2023
from 88.7% in 2023
US average: 77.7%
Spanish at home
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 13.6%
Drill deeper

Places similar to Cedro

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Pop 360
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Pop 426
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Pop 398
Bolingbroke
Pop 426
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Head to head

Compare Cedro to nearby cities

CEDRO VS
Albuquerque
Income$68,317−44%
Home value$291,500−20%
Population556,588+149520%
SEE FULL COMPARISON →
CEDRO VS
North Valley
Income$61,498−49%
Home value$302,700−17%
Population10,455+2710%
SEE FULL COMPARISON →
CEDRO VS
South Valley
Income$58,224−52%
Home value$224,300−38%
Population37,120+9878%
SEE FULL COMPARISON →
CEDRO VS
Corrales
Income$102,307−16%
Home value$571,500+58%
Population8,484+2181%
SEE FULL COMPARISON →
Frequently asked

How many people live in Cedro, New Mexico?

Cedro, New Mexico has about 372 residents according to the 2024 American Community Survey.

What is the median household income in Cedro, New Mexico?

The typical household in Cedro, New Mexico earns about $121,766 a year. Half of households make more than that, and half make less.

Is Cedro, New Mexico expensive?

In Cedro, New Mexico, the median home is worth about $362,800.

How educated are people in Cedro, New Mexico?

About 69.3% of adults age 25 and over in Cedro, New Mexico hold a bachelor's degree or higher.

What is the poverty rate in Cedro, New Mexico?

About 3.8% of people in Cedro, New Mexico live below the federal poverty line.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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