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Cedar Grove, 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
901
Population
$63,261
Median Income
$185,000
Home Value
67.4
Median Age

Demographics

Cedar Grove has a population of 901 with a median age of 67.4. Here is the racial and ethnic breakdown of the population:

White
70.3%
Hispanic
30.7%
Black
2.0%
Asian
0.9%
Demographic Value
Total Population901
Median Age67.4
White70.3%
Black or African American2.0%
Asian0.9%
Hispanic or Latino30.7%
Cedar Grove, New Mexico — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 104.White: 67.7%Hispanic/Latino: 29.5%Other: 2.8%901PopulationWhiteWhite67.7%Hispanic/LatinoHispanic/Latino29.5%OtherOther2.8%

Income & Economy

The median household income in Cedar Grove is $63,261, which is 21.5% below the national median of $80,610. The per capita income is $34,252. The poverty rate is 11.2%.

$63,261
Median Household Income
$34,252
Per Capita Income
11.2%
Poverty Rate

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Education

In Cedar Grove, 100.0% of residents age 25+ have a high school diploma or higher, and 26.4% hold a bachelor's degree or higher (17.6% with a graduate or professional degree).

HS Diploma+
100.0%
Bachelor's+
26.4%
Graduate+
17.6%
Education Level % of Adults (25+)
High School Diploma or Higher100.0%
Bachelor's Degree or Higher26.4%
Graduate or Professional Degree17.6%

Housing

The median home value in Cedar Grove is $185,000, below the national median of $303,400. The homeownership rate is 94.1%.

$185,000
Median Home Value
94.1%
Homeownership Rate
Housing Metric Value
Median Home Value$185,000
Homeownership Rate94.1%
Vacancy Rate10.1%

Salaries in New Mexico

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Frequently Asked Questions

What is the population of Cedar Grove, New Mexico?
The population of Cedar Grove, New Mexico is 901 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Cedar Grove, New Mexico?
The median household income in Cedar Grove, New Mexico is $63,261. This is 21.5% below the national median of $80,610.
What is the median home value in Cedar Grove, New Mexico?
The median home value in Cedar Grove, New Mexico is $185,000.
What percentage of people in Cedar Grove have a college degree?
In Cedar Grove, New Mexico, 26.4% of adults age 25 and older hold a bachelor's degree or higher, and 100.0% have a high school diploma or higher.
Is Cedar Grove, New Mexico an affordable place to live?
The home price-to-income ratio in Cedar Grove, New Mexico is 2.9x (median home value $185,000 vs. median income $63,261), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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