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CITY

Picacho Hills

New Mexico · 2,002 residents · 3.241 sq mi
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The short version

Picacho Hills is significantly wealthier than the US average, with a median household income of $120,850. Population has held roughly steady since 2023. 67% of adults hold a bachelor's degree or higher, well above the national rate of 36%. Median home value is $456,400. With a median age of 67.3, the population is older than the US median of 38.9. It ranks in the top 5% of US cities for household income.

At a glance
Wealthier
above the US median
US median: $82,259
Older
median age 67.3
US median: 38.9
More educated
67% hold a bachelor's degree
US average: 36%
Stable housing
home values roughly flat, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
2,002
Unchangedsince 2023
from 1,995 in 2023
2020 – 2024
Population density
618 / sq mi
Unchangedsince 2023
from 616 / sq mi in 2023
US average: 281
Median age
67.3
Unchangedsince 2023
from 67.2 in 2023
US average: 38.9
Population, 2020 – 2024
2K2K2K2K2K20202024Picacho Hills
20242K
20202024
Section 02

Income & economy

Median household income
$120,850
−6%inflation adjusted, since 2023
from $124,250 in 2023
US average: $82,259
2020 – 2024
Per capita income
$64,879
−5%since 2023
from $68,078 in 2023
US average: $44,673
Households earning $100K+
65.0%
−4.8 ptssince 2023
from 69.9% in 2023
US average: 53.3%
Poverty rate
5.6%
−0.3 ptssince 2023
from 5.9% in 2023
US average: 12.5%
Income inequality (Gini)
0.407
+4%since 2023
from 0.390 in 2023
US average: 0.476
Workforce by industry, 2024
Other services10.4%
US avg: 6.7%
Retail trade9.4%
US avg: 9.9%
Information8%
US avg: 10.8%
Wholesale trade4.7%
US avg: 6.9%
Public administration4.7%
US avg: 4.8%
Transportation & warehousing3.1%
US avg: 2.2%
Agriculture, forestry, fishing1.9%
US avg: 1.6%
Construction1.9%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
Finance & insurance0%
US avg: 5.9%
Professional, scientific, technical0%
US avg: 5.1%
Education & health services0%
US avg: 0.9%
Arts, entertainment, food0%
US avg: 1.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$456,400
+1%inflation adjusted, since 2023
from $438,600 in 2023
US average: $376,019
2020 – 2024
Owner-occupied
100.0%
+3.1 ptssince 2023
from 96.9% in 2023
0.0% rent
Vacancy rate
6.7%
+0.9 ptssince 2023
from 5.8% in 2023
US average: 10.0%
Owner cost-burdened
15.0%
+4.6 ptssince 2023
from 10.4% in 2023
US average: 22.9%
Afford Score
3.8
+7%since 2023
from 3.5 in 2023
2020 – 2024
RELATED:See current rent listings in Picacho Hills on RentDataNow
Section 04

Race & ethnicity

2023
White, non-Hispanic74.7%(1,491)
Black0.8%(16)
Hispanic / Latino15.2%(304)
Asian6.6%(132)
Other2.6%(52)
Diversity Score51.6%(1,030)
2024
White, non-Hispanic74%(1,481)
Black0%(0)
Hispanic / Latino16.2%(325)
Asian6.6%(132)
Other3.2%(64)
Diversity Score52.6%(1,054)
Diversity Score
53
+2%since 2023
from 52 in 2023
2020 – 2024
Section 05

Education

Bachelor's degree or higher
67.3%
−2.1 ptssince 2023
from 69.4% in 2023
US average: 35.6%
High school or higher
99.1%
+0.5 ptssince 2023
from 98.6% in 2023
US average: 89.6%
Graduate degree
33.0%
−3.0 ptssince 2023
from 35.9% in 2023
US average: 14.0%
Section 06

Commute & transportation

Average commute
30.1 min
+6%since 2023
from 28.4 min in 2023
US average: 26.5
Drive alone to work
79.3%
+6.0 ptssince 2023
from 73.4% in 2023
US average: 68.9%
Carpooled to work
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 8.5%
Public transit
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 3.2%
Worked from home
17.5%
−2.8 ptssince 2023
from 20.3% in 2023
US average: 15.0%
Walked to work
1.9%
Unchangedsince 2023
from 1.9% in 2023
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 0.4%
No vehicle available
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 8.3%
Section 07

Work & employment

Unemployment rate
1.7%
+0.9 ptssince 2023
from 0.8% in 2023
US average: 5.2%
Labor force participation
32.9%
+0.1 ptssince 2023
from 32.8% in 2023
US average: 63.5%
Self-employed
16.5%
−1.1 ptssince 2023
from 17.6% in 2023
US average: 13.1%
Management & professional
58.2%
+0.3 ptssince 2023
from 57.8% in 2023
US average: 42.5%
Section 08

People & community

Male
45.1%
−0.2 ptssince 2023
from 45.3% in 2023
Female
54.9%
+0.2 ptssince 2023
from 54.7% in 2023
Foreign born
10.3%
+0.8 ptssince 2023
from 9.6% in 2023
US average: 14.1%
Veterans
12.9%
−1.0 ptssince 2023
from 13.9% in 2023
US average: 6.2%
With a disability
8.5%
+3.2 ptssince 2023
from 5.3% in 2023
US average: 13.3%
Uninsured
1.6%
+0.9 ptssince 2023
from 0.7% in 2023
US average: 8.4%
Broadband at home
99.2%
−0.8 ptssince 2023
from 100.0% in 2023
US average: 91.0%
English only at home
83.5%
+2.4 ptssince 2023
from 81.2% in 2023
US average: 77.7%
Spanish at home
9.2%
−1.7 ptssince 2023
from 10.8% in 2023
US average: 13.6%
Drill deeper

Places similar to Picacho Hills

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Pop 2,140
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Pop 1,868
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Pop 1,910
El Portal
Pop 1,943
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Head to head

Compare Picacho Hills to nearby cities

PICACHO HILLS VS
Las Cruces
Income$55,422−54%
Home value$231,700−49%
Population116,978+5743%
SEE FULL COMPARISON →
PICACHO HILLS VS
Anthony
Income$38,132−68%
Home value$116,000−75%
Population8,900+345%
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PICACHO HILLS VS
Chaparral
Income$46,017−62%
Home value$109,300−76%
Population18,186+808%
SEE FULL COMPARISON →
PICACHO HILLS VS
Sunland Park
Income$62,814−48%
Home value$215,200−53%
Population18,268+812%
SEE FULL COMPARISON →
Frequently asked

How many people live in Picacho Hills, New Mexico?

Picacho Hills, New Mexico has about 2,002 residents according to the 2024 American Community Survey.

What is the median household income in Picacho Hills, New Mexico?

The typical household in Picacho Hills, New Mexico earns about $120,850 a year. Half of households make more than that, and half make less.

Is Picacho Hills, New Mexico expensive?

In Picacho Hills, New Mexico, the median home is worth about $456,400.

How educated are people in Picacho Hills, New Mexico?

About 67.3% of adults age 25 and over in Picacho Hills, New Mexico hold a bachelor's degree or higher.

What is the poverty rate in Picacho Hills, New Mexico?

About 5.6% of people in Picacho Hills, New Mexico live below the federal poverty line.

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

How we source and harmonize this data →