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Cañoncito, New Mexico

Last updated: 2023 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2023 5-Year Estimates
946
Population
$72,072
Median Income
$402,400
Home Value
59.5
Median Age

Demographics

Cañoncito has a population of 946 with a median age of 59.5. Here is the racial and ethnic breakdown of the population:

White
75.8%
Hispanic
42.2%
Demographic Value
Total Population946
Median Age59.5
White75.8%
Hispanic or Latino42.2%

Income & Economy

The median household income in Cañoncito is $72,072, which is 10.6% below the national median of $80,610. The per capita income is $43,424. The poverty rate is 13.2%.

$72,072
Median Household Income
$43,424
Per Capita Income
13.2%
Poverty Rate

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Education

In Cañoncito, 96.7% of residents age 25+ have a high school diploma or higher, and 32.7% hold a bachelor's degree or higher (19.3% with a graduate or professional degree).

HS Diploma+
96.7%
Bachelor's+
32.7%
Graduate+
19.3%
Education Level % of Adults (25+)
High School Diploma or Higher96.7%
Bachelor's Degree or Higher32.7%
Graduate or Professional Degree19.3%

Housing

The median home value in Cañoncito is $402,400, above the national median of $303,400. The median monthly rent is $1,700. The homeownership rate is 82.3%.

$402,400
Median Home Value
$1,700/mo
Median Rent
82.3%
Homeownership Rate
Housing Metric Value
Median Home Value$402,400
Median Monthly Rent$1,700
Homeownership Rate82.3%
Vacancy Rate9.0%

Salaries in New Mexico

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Frequently Asked Questions

What is the population of Cañoncito, New Mexico?
The population of Cañoncito, New Mexico is 946 according to U.S. Census Bureau ACS 2023 5-Year Estimates.
What is the median household income in Cañoncito, New Mexico?
The median household income in Cañoncito, New Mexico is $72,072. This is 10.6% below the national median of $80,610.
What is the median home value in Cañoncito, New Mexico?
The median home value in Cañoncito, New Mexico is $402,400. The median monthly rent is $1,700.
What percentage of people in Cañoncito have a college degree?
In Cañoncito, New Mexico, 32.7% of adults age 25 and older hold a bachelor's degree or higher, and 96.7% have a high school diploma or higher.
Is Cañoncito, New Mexico an affordable place to live?
The home price-to-income ratio in Cañoncito, New Mexico is 5.6x (median home value $402,400 vs. median income $72,072), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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