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CITY · 2020 ACS

Peñasco

New Mexico · 474 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 $29,375. Population has fallen 17% since 2000, a loss of 98 residents. 14% of adults hold a bachelor's degree or higher, below the national rate of 33%. Median home value has more than doubled since 2000, reaching $175,400. With a median age of 46.9, the population is older than the US median of 38.8. Households here earn about 43% less than the New Mexico median.

At a glance
Lower income
below the US median
US median: $66,278
Older
median age 46.9
US median: 38.8
Less educated
14% hold a bachelor's degree
US average: 33%
Less affordable
home values up 44%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
474
−17%since 2000
from 572 in 2000
1990 – 2024
Population density
390 / sq mi
−17%since 2000
from 470 / sq mi in 2000
US average: 280
Median age
46.9
+33%since 2000
from 35.3 in 2000
US average: 38.8
Population, 1990 – 2024
4515215916617311990201020202024Peñasco
2024546
1990201020202024
Section 02

Income & economy

Median household income
$29,375
−15%inflation adjusted, since 2000
from $23,088 in 2000
US average: $66,278
1990 – 2024
Per capita income
$20,687
+79%since 2000
from $11,564 in 2000
US average: $35,364
Households earning $100K+
16.4%
+6.2 ptssince 2009
from 10.1% in 2009
US average: 43.9%
Poverty rate
33.0%
+12.1 ptssince 2000
from 21.0% in 2000
US average: 12.8%
Workforce by industry, 2020
Wholesale trade12.1%
US avg: 6.7%
Information9%
US avg: 11.1%
Finance & insurance3.1%
US avg: 5.5%
Professional, scientific, technical3.1%
US avg: 4.7%
Other services1.8%
US avg: 6.6%
Agriculture, forestry, fishing0.9%
US avg: 1.7%
Construction0.9%
US avg: 1.2%
Public administration0.9%
US avg: 4.7%
Manufacturing0%
US avg: 0.5%
Retail trade0%
US avg: 10%
Transportation & warehousing0%
US avg: 2.5%
Education & health services0%
US avg: 0.8%
Arts, entertainment, food0%
US avg: 2%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$175,400
+44%inflation adjusted, since 2000
from $81,100 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$563
+5%inflation adjusted, since 2000
from $356 in 2000
US average: $1,124
Owner-occupied
72.0%
+1.5 ptssince 2000
from 70.5% in 2000
28.0% rent
Afford Score
6.0
+70%since 2000
from 3.5 in 2000
1990 – 2024
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)
2020
White, non-Hispanic13.1%(62)
Black0%(0)
Hispanic / Latino80.6%(382)
Asian0.6%(3)
Other2.3%(11)
Diversity Score35.7%(169)
Diversity Score
36
+130%since 2000
from 16 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
14.3%
−3.4 ptssince 2000
from 17.7% in 2000
US average: 32.9%
High school or higher
93.2%
+24.6 ptssince 2000
from 68.6% in 2000
US average: 88.5%
Graduate degree
4.3%
+0.8 ptssince 2000
from 3.4% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
31.4 min
−19%since 2000
from 38.9 min in 2000
US average: 26.9
Drive alone to work
73.8%
−2.1 ptssince 2009
from 75.8% in 2009
US average: 75.1%
No vehicle available
3.9%
−7.7 ptssince 2009
from 11.6% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
5.5%
−8.7 ptssince 2011
from 14.2% in 2011
US average: 5.4%
Labor force participation
45.0%
−11.7 ptssince 2011
from 56.7% in 2011
US average: 63.4%
Management & professional
31.4%
−22.2 ptssince 2009
from 53.6% in 2009
US average: 39.3%
Section 08

People & community

Male
54.6%
−5.9 ptssince 2009
from 60.5% in 2009
Female
45.4%
+5.9 ptssince 2009
from 39.5% in 2009
Foreign born
2.0%
+1.3 ptssince 2009
from 0.7% in 2009
US average: 13.5%
Uninsured
5.1%
−81.2 ptssince 2013
from 86.3% in 2013
US average: 8.8%
Drill deeper

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Compare Peñasco to nearby cities

PEÑASCO VS
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Income$47,667+62%
Home value$210,800+20%
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PEÑASCO VS
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Income$141,018+380%
Home value$501,800+186%
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PEÑASCO VS
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Income$73,482+150%
Home value$444,900+154%
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PEÑASCO VS
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Income$45,125+54%
Home value$155,300−11%
Population12,574+2203%
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Frequently asked

How many people live in Peñasco, New Mexico?

Peñasco, New Mexico has about 474 residents according to the 2020 American Community Survey.

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

The typical household in Peñasco, New Mexico earns about $29,375 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 $175,400, and the typical rent is about $563 a month.

How educated are people in Peñasco, New Mexico?

About 14.3% 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 33.0% 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 184 residents, a change of about -28 percent over that period.

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

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