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Bayard, New Mexico

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
2,057
Population
$34,477
Median Income
$117,700
Home Value
34.0
Median Age

Demographics

Bayard has a population of 2,057 with a median age of 34.0. Here is the racial and ethnic breakdown of the population:

Hispanic
78.5%
White
35.1%
Demographic Value
Total Population2,057
Median Age34.0
White35.1%
Hispanic or Latino78.5%
Bayard, New Mexico — racial composition (Census ACS 2024)Donut chart of 2 segments totaling 114.Hispanic/Latino: 69.1%White: 30.9%2,057PopulationHispanic/LatinoHispanic/Latino69.1%WhiteWhite30.9%

Income & Economy

The median household income in Bayard is $34,477, which is 57.2% below the national median of $80,610. The per capita income is $23,032. The poverty rate is 34.6%.

$34,477
Median Household Income
$23,032
Per Capita Income
34.6%
Poverty Rate

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Education

In Bayard, 86.6% of residents age 25+ have a high school diploma or higher, and 26.4% hold a bachelor's degree or higher (8.3% with a graduate or professional degree).

HS Diploma+
86.6%
Bachelor's+
26.4%
Graduate+
8.3%
Education Level % of Adults (25+)
High School Diploma or Higher86.6%
Bachelor's Degree or Higher26.4%
Graduate or Professional Degree8.3%

Housing

The median home value in Bayard is $117,700, below the national median of $303,400. The median monthly rent is $716. The homeownership rate is 59.8%.

$117,700
Median Home Value
$716/mo
Median Rent
59.8%
Homeownership Rate
Housing Metric Value
Median Home Value$117,700
Median Monthly Rent$716
Homeownership Rate59.8%
Vacancy Rate33.6%

Salaries in New Mexico

Explore salary data for popular occupations in New Mexico:

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Other Cities in New Mexico

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Frequently Asked Questions

What is the population of Bayard, New Mexico?
The population of Bayard, New Mexico is 2,057 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Bayard, New Mexico?
The median household income in Bayard, New Mexico is $34,477. This is 57.2% below the national median of $80,610.
What is the median home value in Bayard, New Mexico?
The median home value in Bayard, New Mexico is $117,700. The median monthly rent is $716.
What percentage of people in Bayard have a college degree?
In Bayard, New Mexico, 26.4% of adults age 25 and older hold a bachelor's degree or higher, and 86.6% have a high school diploma or higher.
Is Bayard, New Mexico an affordable place to live?
The home price-to-income ratio in Bayard, New Mexico is 3.4x (median home value $117,700 vs. median income $34,477), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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