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CITY

Fairacres

New Mexico · 616 residents · 2.108 sq mi
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The short version

The city has grown rapidly, with population up 56% since 2023. Median home value is $279,200. With a median age of 46.3, the population is older than the US median of 38.9.

At a glance
Older
median age 46.3
US median: 38.9
Less educated
28% hold a bachelor's degree
US average: 36%
Less affordable
home values up 26%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
616
+56%since 2023
from 395 in 2023
2010 – 2024
Population density
292 / sq mi
+56%since 2023
from 187 / sq mi in 2023
US average: 281
Median age
46.3
+5%since 2023
from 43.9 in 2023
US average: 38.9
Population, 2010 – 2024
3045788521K1K201020202024Fairacres
2024616
201020202024
Section 02

Income & economy

Per capita income
$36,176
+31%since 2023
from $27,610 in 2023
US average: $44,673
Households earning $100K+
40.8%
−6.9 ptssince 2023
from 47.7% in 2023
US average: 53.3%
Poverty rate
13.6%
−14.0 ptssince 2023
from 27.6% in 2023
US average: 12.5%
Income inequality (Gini)
0.507
Unchangedsince 2023
from 0.505 in 2023
US average: 0.476
Workforce by industry, 2024
Finance & insurance31.8%
US avg: 5.9%
Professional, scientific, technical31.8%
US avg: 5.1%
Arts, entertainment, food23.3%
US avg: 1.9%
Information17.4%
US avg: 10.8%
Other services3.8%
US avg: 6.7%
Public administration3.8%
US avg: 4.8%
Wholesale trade2.5%
US avg: 6.9%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
Retail trade0%
US avg: 9.9%
Transportation & warehousing0%
US avg: 2.2%
Education & health services0%
US avg: 0.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$279,200
+26%inflation adjusted, since 2023
from $215,800 in 2023
US average: $376,019
2010 – 2024
Owner-occupied
94.3%
−1.8 ptssince 2023
from 96.1% in 2023
5.7% rent
Vacancy rate
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 10.0%
Owner cost-burdened
23.4%
+3.0 ptssince 2023
from 20.4% in 2023
US average: 22.9%
Renter cost-burdened
50.0%
+50.0 ptssince 2023
from 0.0% in 2023
US average: 47.4%
RELATED:See current rent listings in Fairacres on RentDataNow
Section 04

Race & ethnicity

2023
White, non-Hispanic26.8%(106)
Black1.8%(7)
Hispanic / Latino71.4%(282)
Asian0%(0)
Other0%(0)
Diversity Score52.2%(206)
2024
White, non-Hispanic36.5%(225)
Black1.9%(12)
Hispanic / Latino59.3%(365)
Asian0%(0)
Other2.3%(14)
Diversity Score64.3%(396)
Diversity Score
64
+23%since 2023
from 52 in 2023
2010 – 2024
Section 05

Education

Bachelor's degree or higher
28.3%
+6.8 ptssince 2023
from 21.5% in 2023
US average: 35.6%
High school or higher
92.0%
+0.9 ptssince 2023
from 91.1% in 2023
US average: 89.6%
Graduate degree
14.3%
+7.6 ptssince 2023
from 6.7% in 2023
US average: 14.0%
Section 06

Commute & transportation

Average commute
16.6 min
−19%since 2023
from 20.5 min in 2023
US average: 26.5
Drive alone to work
94.9%
+10.4 ptssince 2023
from 84.5% in 2023
US average: 68.9%
Carpooled to work
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 8.5%
Public transit
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 3.2%
Worked from home
4.7%
−10.8 ptssince 2023
from 15.5% 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
14.3%
−1.4 ptssince 2023
from 15.7% in 2023
US average: 8.3%
Section 07

Work & employment

Unemployment rate
9.2%
−0.7 ptssince 2023
from 9.9% in 2023
US average: 5.2%
Labor force participation
55.6%
−5.9 ptssince 2023
from 61.4% in 2023
US average: 63.5%
Self-employed
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 13.1%
Management & professional
9.7%
+9.7 ptssince 2023
from 0.0% in 2023
US average: 42.5%
Section 08

People & community

Male
51.3%
+2.7 ptssince 2023
from 48.6% in 2023
Female
48.7%
−2.7 ptssince 2023
from 51.4% in 2023
Foreign born
8.8%
+4.5 ptssince 2023
from 4.3% in 2023
US average: 14.1%
Veterans
29.6%
+3.9 ptssince 2023
from 25.7% in 2023
US average: 6.2%
With a disability
24.2%
−5.2 ptssince 2023
from 29.4% in 2023
US average: 13.3%
Uninsured
1.5%
−3.3 ptssince 2023
from 4.8% in 2023
US average: 8.4%
Broadband at home
72.7%
−3.1 ptssince 2023
from 75.8% in 2023
US average: 91.0%
English only at home
87.1%
−1.9 ptssince 2023
from 89.1% in 2023
US average: 77.7%
Spanish at home
12.9%
+1.9 ptssince 2023
from 10.9% in 2023
US average: 13.6%
Drill deeper

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Head to head

Compare Fairacres to nearby cities

FAIRACRES VS
Las Cruces
Income$55,422
Home value$231,700−17%
Population116,978+18890%
SEE FULL COMPARISON →
FAIRACRES VS
Anthony
Income$38,132
Home value$116,000−58%
Population8,900+1345%
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FAIRACRES VS
Chaparral
Income$46,017
Home value$109,300−61%
Population18,186+2852%
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FAIRACRES VS
Sunland Park
Income$62,814
Home value$215,200−23%
Population18,268+2866%
SEE FULL COMPARISON →
Frequently asked

How many people live in Fairacres, New Mexico?

Fairacres, New Mexico has about 616 residents according to the 2024 American Community Survey.

Is Fairacres, New Mexico expensive?

In Fairacres, New Mexico, the median home is worth about $279,200.

How educated are people in Fairacres, New Mexico?

About 28.3% of adults age 25 and over in Fairacres, New Mexico hold a bachelor's degree or higher.

What is the poverty rate in Fairacres, New Mexico?

About 13.6% of people in Fairacres, 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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