United States › New Mexico › Fairacres CITY · 2020 ACS
Fairacres New Mexico · 720 residents · 2.11 sq mi
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The short version
Fairacres is home to 720 people in New Mexico. Households here earn about 73% more than in New Mexico as a whole. There are 574 fewer people here than in 2019. 77% of homes are owner-occupied. People stay put here: 75% were in the same home a year ago. Poverty is uncommon here, at 4.6% of people here.
At a glance
Wealthier
median household income $88,824, above the US median
US median: $66,278
Mid-age
median age 40.7
US median: 38.8
Less educated
25% hold a bachelor's degree
US average: 33%
Less affordable
home values up 61%, inflation adjusted
US median home: $265,253
Section 01
Population & growth 342 / sq mi
−44%since 2019
from 614 / sq mi in 2019
US average: 280
from 43.0 in 2019
US average: 38.8
Population, 2010 – 2024
304 578 852 1K 1K 2010 2020 2024 Fairacres Age distribution, 2020
BAR + DOT: THIS PLACE · TICK: US AVERAGE
Section 02
Income & economy from $36,375 in 2019
US average: $35,364
Households earning $100K+
from 43.8% in 2019
US average: 43.9%
from 4.6% in 2019
US average: 12.8%
Workforce by industry, 2020
Professional, scientific, technical 16.3%
Public administration 9.9%
Agriculture, forestry, fishing 8.1%
Transportation & warehousing 0%
Education & health services 0%
Arts, entertainment, food 0%
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$217,300
+61%inflation adjusted, since 2019
from $133,600 in 2019
US average: $265,253
from 92.8% in 2019
23.0% rent
3.72 people
+15%since 2019
from 3.24 people in 2019
US average: 2.61
Years of local income it takes to buy a local home, on a scale of about 0 to 15. Lower is more affordable.
Our index, 0 to 100. Higher means faster recent growth in incomes, home values, and college degrees.
Section 04
Race & ethnicity 2019
White, non-Hispanic 25.7%(333)
Hispanic / Latino 69.6%(901)
2020
White, non-Hispanic 33.3%(240)
Hispanic / Latino 62.8%(452)
No data for the years selected.
Section 04 · Origins
Detailed origins & ancestry from 16.7% in 2019
US average: 32.9%
High school or higher
from 60.1% in 2019
US average: 88.5%
from 5.3% in 2019
US average: 12.7%
Section 06
Commute & transportation from 20.1 min in 2019
US average: 26.9
from 90.4% in 2019
US average: 75.1%
from 3.8% in 2019
US average: 8.4%
Section 07
Work & employment from 8.9% in 2019
US average: 5.4%
from 60.7% in 2019
US average: 63.4%
Women 20-64 in the labor force
US average: 73.3%
from 19.6% in 2019
US average: 39.3%
Section 08
People & community from 24.2% in 2019
US average: 13.5%
from 23.5% in 2019
US average: 8.8%
Computer in household
US average: 91.9%
Marital status (2024)
SHARE WITHIN EACH SEX · POPULATION 15 AND OVER · 2024
Section 09
Health coverage from 23.5% in 2019
US average: 8.8%
Direct-purchase
US average: 13.7%
VA health care
US average: 2.3%
Any private
US average: 68.1%
Any public
US average: 35.2%
Shares are "alone or in combination": a person with both Medicare and Medicaid counts in each, so categories overlap and do not sum to 100%.
Section 09 · Service history
Veterans Veterans by period of service, 2020
Gulf War (2001 or later) 40.3%(52)
Gulf War (1990s) 40.3%(52)
Share of the 129 veterans here. A veteran who served across eras counts in each, so shares can total more than 100%. Peacetime-only service is included in the total but not shown as an era.
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Frequently asked
How many people live in Fairacres, New Mexico? Fairacres, New Mexico has about 720 residents according to the 2020 American Community Survey.
What is the median household income in Fairacres, New Mexico? The typical household in Fairacres, New Mexico earns about $88,824 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 $217,300.
How educated are people in Fairacres, New Mexico? About 25.1% 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 4.6% of people in Fairacres, New Mexico live below the federal poverty line.
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