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CITY · 2010 ACS

Fairacres

New Mexico · 824 residents · 2.108 sq mi
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The short version

Fairacres has lower-than-average household income, with a median household income of $43,726. Population has grown 23% since 2011. 40% of adults hold a bachelor's degree or higher, well above the national rate of 28%. Median home value is $222,600. The poverty rate of 26.7% is well above the national figure. 40% of adults hold a bachelor's degree, well above the US average, yet household income trails the national figure — a profile common to graduate-student tracts and academic hubs.

At a glance
Lower income
below the US median
US median: $52,703
Mid-age
median age 38.7
US median: 37.2
More educated
40% hold a bachelor's degree
US average: 28%
Stable housing
home values roughly flat, inflation adjusted
US median home: $225,659
Section 01

Population & growth

Total population
824
+23%vs 2011
vs 669 in 2011
2010 – 2024
Population density
391 / sq mi
+23%vs 2011
vs 317 / sq mi in 2011
US average: 261
Median age
38.7
−20%vs 2011
vs 48.3 in 2011
US average: 37.2
Population, 2010 – 2024
3045788521K1K201020202024Fairacres
2024616
201020202024
Section 02

Income & economy

Median household income
$43,726
−11%inflation adjusted, since 2011
vs $50,466 in 2011
US average: $52,703
2010 – 2020
Per capita income
$20,496
−16%vs 2011
vs $24,320 in 2011
US average: $27,286
Households earning $100K+
20.2%
+3.0 ptsvs 2011
vs 17.2% in 2011
US average: 33.3%
Poverty rate
26.7%
+12.5 ptsvs 2011
vs 14.2% in 2011
US average: 13.8%
Income inequality (Gini)
0.336
+28%vs 2011
vs 0.263 in 2011
US average: 0.461
Workforce by industry, 2010
Finance & insurance31.5%
US avg: 5.1%
Professional, scientific, technical31.5%
US avg: 4.2%
Other services15.1%
US avg: 7%
Public administration15.1%
US avg: 4.9%
Transportation & warehousing5.7%
US avg: 3.1%
Wholesale trade4.4%
US avg: 7.2%
Agriculture, forestry, fishing0%
US avg: 1.9%
Construction0%
US avg: 1.4%
Manufacturing0%
US avg: 0.5%
Retail trade0%
US avg: 10.9%
Information0%
US avg: 11.5%
Education & health services0%
US avg: 0.9%
Arts, entertainment, food0%
US avg: 2.4%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$222,600
+8%inflation adjusted, since 2011
vs $212,100 in 2011
US average: $225,659
2010 – 2024
Median gross rent
$476
−10%inflation adjusted, since 2011
vs $545 in 2011
US average: $853
Owner-occupied
36.5%
−46.6 ptsvs 2011
vs 83.1% in 2011
28.3% rent
Vacancy rate
17.1%
+2.4 ptsvs 2011
vs 14.7% in 2011
US average: 12.1%
Owner cost-burdened
38.1%
+6.8 ptsvs 2011
vs 31.3% in 2011
US average: 30.9%
Renter cost-burdened
100.0%
Unchangedvs 2011
vs 100.0% in 2011
US average: 46.8%
Afford Score
5.1
+21%vs 2011
vs 4.2 in 2011
2010 – 2020
RELATED:See current rent listings in Fairacres on RentDataNow
Section 04

Race & ethnicity

2011
White, non-Hispanic34.1%(228)
Black2.7%(18)
Hispanic / Latino63.2%(423)
Asian0%(0)
Other0%(0)
Diversity Score60.4%(404)
2010
White, non-Hispanic39.6%(326)
Black0.5%(4)
Hispanic / Latino55%(453)
Asian0.1%(1)
Other0%(0)
Diversity Score61.7%(508)
Diversity Score
62
+2%vs 2011
vs 60 in 2011
2010 – 2024
Section 05

Education

Bachelor's degree or higher
40.1%
−2.7 ptsvs 2011
vs 42.8% in 2011
US average: 27.9%
High school or higher
84.3%
−8.0 ptsvs 2011
vs 92.3% in 2011
US average: 84.9%
Graduate degree
23.7%
−2.5 ptsvs 2011
vs 26.2% in 2011
US average: 10.2%
Section 06

Commute & transportation

Average commute
17.9 min
+10%vs 2011
vs 16.3 min in 2011
US average: 25.2
Drive alone to work
94.3%
−1.9 ptsvs 2011
vs 96.3% in 2011
US average: 76.2%
Carpooled to work
0.0%
Unchangedvs 2011
vs 0.0% in 2011
US average: 10.4%
Public transit
0.0%
Unchangedvs 2011
vs 0.0% in 2011
US average: 4.7%
Worked from home
5.7%
+1.9 ptsvs 2011
vs 3.7% in 2011
US average: 4.1%
Walked to work
0.0%
Unchangedvs 2011
vs 0.0% in 2011
US average: 2.8%
Biked to work
0.0%
Unchangedvs 2011
vs 0.0% in 2011
US average: 0.5%
No vehicle available
4.1%
+4.1 ptsvs 2011
vs 0.0% in 2011
US average: 8.7%
Section 07

Work & employment

Self-employed
14.5%
−17.3 ptsvs 2011
vs 31.8% in 2011
US average: 12.9%
Management & professional
27.1%
+3.1 ptsvs 2011
vs 24.1% in 2011
US average: 35.2%
Section 08

People & community

Male
45.8%
+1.4 ptsvs 2011
vs 44.4% in 2011
Female
54.2%
−1.4 ptsvs 2011
vs 55.6% in 2011
Foreign born
2.7%
−0.4 ptsvs 2011
vs 3.1% in 2011
US average: 12.8%
Veterans
8.5%
−1.0 ptsvs 2011
vs 9.4% in 2011
US average: 9.9%
Drill deeper

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Frequently asked

How many people live in Fairacres, New Mexico?

Fairacres, New Mexico has about 824 residents according to the 2010 American Community Survey.

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

The typical household in Fairacres, New Mexico earns about $43,726 a year. Half of households make more than that, and half make less.

Is Fairacres, New Mexico expensive?

In Fairacres, New Mexico, the median home is worth about $222,600, and the typical rent is about $476 a month.

How educated are people in Fairacres, New Mexico?

About 40.1% 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 26.7% 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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