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CITY · 2010 ACS

Velarde

New Mexico · 502 residents · 2.553 sq mi
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The short version

Velarde has notably lower household income than the US average, with a median household income of $32,917. Population has grown 23% since 2011. 12% of adults hold a bachelor's degree or higher, below the national rate of 28%. Median home value is $123,700. With a median age of 42.3, the population is older than the US median of 37.2.

At a glance
Lower income
below the US median
US median: $52,703
Older
median age 42.3
US median: 37.2
Less educated
12% hold a bachelor's degree
US average: 28%
Stable housing
home values roughly flat, inflation adjusted
US median home: $225,659
Section 01

Population & growth

Total population
502
+23%vs 2011
vs 409 in 2011
2010 – 2024
Population density
197 / sq mi
+23%vs 2011
vs 160 / sq mi in 2011
US average: 261
Median age
42.3
−21%vs 2011
vs 53.5 in 2011
US average: 37.2
Population, 2010 – 2024
80198317435554201020202024Velarde
2024229
201020202024
Section 02

Income & economy

Median household income
$32,917
+1%inflation adjusted, since 2011
vs $33,466 in 2011
US average: $52,703
2010 – 2024
Per capita income
$19,502
−18%vs 2011
vs $23,648 in 2011
US average: $27,286
Households earning $100K+
18.0%
−4.3 ptsvs 2011
vs 22.3% in 2011
US average: 33.3%
Poverty rate
13.8%
+10.7 ptsvs 2011
vs 3.2% in 2011
US average: 13.8%
Income inequality (Gini)
0.306
−8%vs 2011
vs 0.334 in 2011
US average: 0.461
Workforce by industry, 2010
Agriculture, forestry, fishing18.5%
US avg: 1.9%
Manufacturing18.5%
US avg: 0.5%
Information16.6%
US avg: 11.5%
Wholesale trade11.8%
US avg: 7.2%
Construction0%
US avg: 1.4%
Retail trade0%
US avg: 10.9%
Transportation & warehousing0%
US avg: 3.1%
Finance & insurance0%
US avg: 5.1%
Professional, scientific, technical0%
US avg: 4.2%
Education & health services0%
US avg: 0.9%
Arts, entertainment, food0%
US avg: 2.4%
Other services0%
US avg: 7%
Public administration0%
US avg: 4.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$123,700
+20%inflation adjusted, since 2011
vs $106,300 in 2011
US average: $225,659
2010 – 2024
Owner-occupied
41.0%
−48.8 ptsvs 2011
vs 89.8% in 2011
17.6% rent
Vacancy rate
31.3%
−1.5 ptsvs 2011
vs 32.8% in 2011
US average: 12.1%
Owner cost-burdened
0.0%
Unchangedvs 2011
vs 0.0% in 2011
US average: 30.9%
Renter cost-burdened
0.0%
Unchangedvs 2011
vs 0.0% in 2011
US average: 46.8%
Afford Score
3.8
+18%vs 2011
vs 3.2 in 2011
2010 – 2024
RELATED:See current rent listings in Velarde on RentDataNow
Section 04

Race & ethnicity

2011
White, non-Hispanic12.7%(52)
Black0%(0)
Hispanic / Latino87.3%(357)
Asian0%(0)
Other0%(0)
Diversity Score27.7%(113)
2010
White, non-Hispanic9.2%(46)
Black0%(0)
Hispanic / Latino84.9%(426)
Asian0%(0)
Other0%(0)
Diversity Score22%(110)
Diversity Score
22
−21%vs 2011
vs 28 in 2011
2010 – 2024
Section 05

Education

Bachelor's degree or higher
11.8%
−4.0 ptsvs 2011
vs 15.8% in 2011
US average: 27.9%
High school or higher
73.3%
−12.2 ptsvs 2011
vs 85.5% in 2011
US average: 84.9%
Graduate degree
9.4%
−1.1 ptsvs 2011
vs 10.4% in 2011
US average: 10.2%
Section 06

Commute & transportation

Average commute
40.4 min
−6%vs 2011
vs 42.8 min in 2011
US average: 25.2
Drive alone to work
78.7%
−8.8 ptsvs 2011
vs 87.4% in 2011
US average: 76.2%
Carpooled to work
0.0%
−12.6 ptsvs 2011
vs 12.6% in 2011
US average: 10.4%
Public transit
0.0%
Unchangedvs 2011
vs 0.0% in 2011
US average: 4.7%
Worked from home
21.3%
+21.3 ptsvs 2011
vs 0.0% in 2011
US average: 4.1%
Walked to work
0.0%
Unchangedvs 2011
vs 0.0% in 2011
US average: 2.8%
Biked to work
0.0%
Unchangedvs 2011
vs 0.0% in 2011
US average: 0.5%
No vehicle available
11.6%
+6.5 ptsvs 2011
vs 5.1% in 2011
US average: 8.7%
Section 07

Work & employment

Self-employed
28.4%
−12.9 ptsvs 2011
vs 41.3% in 2011
US average: 12.9%
Management & professional
14.2%
−7.9 ptsvs 2011
vs 22.2% in 2011
US average: 35.2%
Section 08

People & community

Male
42.6%
+3.5 ptsvs 2011
vs 39.1% in 2011
Female
57.4%
−3.5 ptsvs 2011
vs 60.9% in 2011
Foreign born
14.8%
+14.8 ptsvs 2011
vs 0.0% in 2011
US average: 12.8%
Veterans
18.4%
−3.9 ptsvs 2011
vs 22.4% in 2011
US average: 9.9%
Drill deeper

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Compare Velarde to nearby cities

VELARDE VS
Española
Income$47,667+45%
Home value$210,800+70%
Population10,458+4467%
SEE FULL COMPARISON →
VELARDE VS
Los Alamos
Income$141,018+328%
Home value$501,800+306%
Population13,317+5715%
SEE FULL COMPARISON →
VELARDE VS
Santa Fe
Income$73,482+123%
Home value$444,900+260%
Population89,837+39130%
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VELARDE VS
Las Vegas
Income$45,125+37%
Home value$155,300+26%
Population12,574+5391%
SEE FULL COMPARISON →
Frequently asked

How many people live in Velarde, New Mexico?

Velarde, New Mexico has about 502 residents according to the 2010 American Community Survey.

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

The typical household in Velarde, New Mexico earns about $32,917 a year. Half of households make more than that, and half make less.

Is Velarde, New Mexico expensive?

In Velarde, New Mexico, the median home is worth about $123,700.

How educated are people in Velarde, New Mexico?

About 11.8% of adults age 25 and over in Velarde, New Mexico hold a bachelor's degree or higher.

What is the poverty rate in Velarde, New Mexico?

About 13.8% of people in Velarde, New Mexico live below the federal poverty line.

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

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