Folsom
Folsom has notably lower household income than the US average, with a median household income of $17,083. Population has fallen 53% since 1990, a loss of 86 residents. 9% of adults hold a bachelor's degree or higher, below the national rate of 24%. Median home value has risen by half since 1990, reaching $56,800. The poverty rate of 35.4% is well above the national figure. Households here earn about 50% less than the New Mexico median.
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How many people live in Folsom, New Mexico?
Folsom, New Mexico has about 75 residents according to the 2000 Census.
What is the median household income in Folsom, New Mexico?
The typical household in Folsom, New Mexico earns about $17,083 a year. Half of households make more than that, and half make less.
Is Folsom, New Mexico expensive?
In Folsom, New Mexico, the median home is worth about $56,800, and the typical rent is about $0 a month.
How educated are people in Folsom, New Mexico?
About 9.3% of adults age 25 and over in Folsom, New Mexico hold a bachelor's degree or higher.
What is the poverty rate in Folsom, New Mexico?
About 35.4% of people in Folsom, New Mexico live below the federal poverty line.
Has Folsom, New Mexico grown since 1990?
Yes, Folsom, New Mexico has shrunk since 1990. The population has lost about 86 residents, a change of about -53 percent over that period.
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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024