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CITY

Peñasco

New Mexico · 546 residents · 1.216 sq mi
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The short version

Peñasco has notably lower household income than the US average, with a median household income of $45,833. Population has declined 5% since 2000. 16% of adults hold a bachelor's degree or higher, below the national rate of 36%. Median home value has roughly tripled since 2000, reaching $229,300. Households here earn about 28% less than the New Mexico median.

At a glance
Lower income
below the US median
US median: $82,259
Older
median age 43.8
US median: 38.9
Less educated
16% hold a bachelor's degree
US average: 36%
Less affordable
home values up 55%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
546
−5%since 2000
from 572 in 2000
1990 – 2024
Population density
449 / sq mi
−5%since 2000
from 470 / sq mi in 2000
US average: 281
Median age
43.8
+24%since 2000
from 35.3 in 2000
US average: 38.9
Population, 1990 – 2024
4515215916617311990201020202024Peñasco
2024546
1990201020202024
Section 02

Income & economy

Median household income
$45,833
+9%inflation adjusted, since 2000
from $23,088 in 2000
US average: $82,259
1990 – 2024
Per capita income
$31,137
+169%since 2000
from $11,564 in 2000
US average: $44,673
Households earning $100K+
31.4%
+21.2 ptssince 2009
from 10.1% in 2009
US average: 53.3%
Poverty rate
18.9%
−2.1 ptssince 2000
from 21.0% in 2000
US average: 12.5%
Income inequality (Gini)
0.495
+10%since 2010
from 0.452 in 2010
US average: 0.476
Workforce by industry, 2024
Wholesale trade32.1%
US avg: 6.9%
Information8.3%
US avg: 10.8%
Finance & insurance2.9%
US avg: 5.9%
Professional, scientific, technical2.9%
US avg: 5.1%
Arts, entertainment, food2.1%
US avg: 1.9%
Retail trade1.7%
US avg: 9.9%
Other services1.7%
US avg: 6.7%
Public administration1.7%
US avg: 4.8%
Agriculture, forestry, fishing0.8%
US avg: 1.6%
Construction0.8%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
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
$229,300
+55%inflation adjusted, since 2000
from $81,100 in 2000
US average: $376,019
1990 – 2024
Median gross rent
$963
+48%inflation adjusted, since 2000
from $356 in 2000
US average: $1,442
Owner-occupied
71.6%
+1.1 ptssince 2000
from 70.5% in 2000
28.4% rent
Vacancy rate
27.6%
+2.1 ptssince 2009
from 25.5% in 2009
US average: 10.0%
Owner cost-burdened
17.8%
−8.5 ptssince 2009
from 26.2% in 2009
US average: 22.9%
Renter cost-burdened
29.9%
−7.2 ptssince 2009
from 37.1% in 2009
US average: 47.4%
Afford Score
5.0
+42%since 2000
from 3.5 in 2000
1990 – 2024
Gentrification Score
24
RELATED:See current rent listings in Peñasco on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic5.9%(34)
Black0.5%(3)
Hispanic / Latino91.3%(522)
Asian0%(0)
Other0%
Diversity Score15.5%(89)
2024
White, non-Hispanic12.6%(69)
Black0%(0)
Hispanic / Latino86.3%(471)
Asian0%(0)
Other1.1%(6)
Diversity Score30%(164)
Diversity Score
30
+93%since 2000
from 16 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
16.4%
−1.2 ptssince 2000
from 17.7% in 2000
US average: 35.6%
High school or higher
92.1%
+23.5 ptssince 2000
from 68.6% in 2000
US average: 89.6%
Graduate degree
6.7%
+3.2 ptssince 2000
from 3.4% in 2000
US average: 14.0%
Section 06

Commute & transportation

Average commute
35.3 min
−9%since 2000
from 38.9 min in 2000
US average: 26.5
Drive alone to work
53.1%
−22.7 ptssince 2009
from 75.8% in 2009
US average: 68.9%
Carpooled to work
7.1%
+0.3 ptssince 2009
from 6.7% in 2009
US average: 8.5%
Public transit
0.4%
−3.0 ptssince 2009
from 3.4% in 2009
US average: 3.2%
Worked from home
17.8%
+7.2 ptssince 2009
from 10.7% in 2009
US average: 15.0%
Walked to work
21.6%
+18.2 ptssince 2009
from 3.4% in 2009
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 0.4%
No vehicle available
5.1%
−6.5 ptssince 2009
from 11.6% in 2009
US average: 8.3%
Section 07

Work & employment

Unemployment rate
3.6%
−10.5 ptssince 2011
from 14.2% in 2011
US average: 5.2%
Labor force participation
54.7%
−2.0 ptssince 2011
from 56.7% in 2011
US average: 63.5%
Self-employed
13.8%
−18.5 ptssince 2009
from 32.2% in 2009
US average: 13.1%
Management & professional
26.7%
−26.9 ptssince 2009
from 53.6% in 2009
US average: 42.5%
Section 08

People & community

Male
57.3%
−3.2 ptssince 2009
from 60.5% in 2009
Female
42.7%
+3.2 ptssince 2009
from 39.5% in 2009
Foreign born
0.4%
−0.3 ptssince 2009
from 0.7% in 2009
US average: 14.1%
Veterans
10.4%
−38.6 ptssince 2009
from 48.9% in 2009
US average: 6.2%
With a disability
24.1%
−3.5 ptssince 2012
from 27.6% in 2012
US average: 13.3%
Uninsured
5.1%
−81.2 ptssince 2013
from 86.3% in 2013
US average: 8.4%
Broadband at home
74.6%
+21.0 ptssince 2017
from 53.6% in 2017
US average: 91.0%
English only at home
52.3%
+19.7 ptssince 2016
from 32.6% in 2016
US average: 77.7%
Spanish at home
46.2%
−20.8 ptssince 2016
from 67.0% in 2016
US average: 13.6%
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Compare Peñasco to nearby cities

PEÑASCO VS
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Income$47,667+4%
Home value$210,800−8%
Population10,458+1815%
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PEÑASCO VS
Los Alamos
Income$141,018+208%
Home value$501,800+119%
Population13,317+2339%
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PEÑASCO VS
Santa Fe
Income$73,482+60%
Home value$444,900+94%
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PEÑASCO VS
Las Vegas
Income$45,125−2%
Home value$155,300−32%
Population12,574+2203%
SEE FULL COMPARISON →
Frequently asked

How many people live in Peñasco, New Mexico?

Peñasco, New Mexico has about 546 residents according to the 2024 American Community Survey.

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

The typical household in Peñasco, New Mexico earns about $45,833 a year. Half of households make more than that, and half make less.

Is Peñasco, New Mexico expensive?

In Peñasco, New Mexico, the median home is worth about $229,300, and the typical rent is about $963 a month.

How educated are people in Peñasco, New Mexico?

About 16.4% of adults age 25 and over in Peñasco, New Mexico hold a bachelor's degree or higher.

What is the poverty rate in Peñasco, New Mexico?

About 18.9% of people in Peñasco, New Mexico live below the federal poverty line.

Has Peñasco, New Mexico grown since 1990?

Yes, Peñasco, New Mexico has shrunk since 1990. The population has lost about 112 residents, a change of about -17 percent over that period.

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

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