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Fairacres, 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
616
Population
$279,200
Home Value
46.3
Median Age

Demographics

Fairacres has a population of 616 with a median age of 46.3. Here is the racial and ethnic breakdown of the population:

Hispanic
59.3%
White
51.5%
Black
1.9%
Demographic Value
Total Population616
Median Age46.3
White51.5%
Black or African American1.9%
Hispanic or Latino59.3%
Fairacres, New Mexico — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 113.Hispanic/Latino: 52.6%White: 45.7%Other: 1.7%616PopulationHispanic/LatinoHispanic/Latino52.6%WhiteWhite45.7%OtherOther1.7%

Income & Economy

$36,176
Per Capita Income
13.6%
Poverty Rate

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Education

In Fairacres, 92.0% of residents age 25+ have a high school diploma or higher, and 28.3% hold a bachelor's degree or higher (14.3% with a graduate or professional degree).

HS Diploma+
92.0%
Bachelor's+
28.3%
Graduate+
14.3%
Education Level % of Adults (25+)
High School Diploma or Higher92.0%
Bachelor's Degree or Higher28.3%
Graduate or Professional Degree14.3%

Housing

The median home value in Fairacres is $279,200, below the national median of $303,400. The homeownership rate is 94.3%.

$279,200
Median Home Value
94.3%
Homeownership Rate
Housing Metric Value
Median Home Value$279,200
Homeownership Rate94.3%

Salaries in New Mexico

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Frequently Asked Questions

What is the population of Fairacres, New Mexico?
The population of Fairacres, New Mexico is 616 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median home value in Fairacres, New Mexico?
The median home value in Fairacres, New Mexico is $279,200.
What percentage of people in Fairacres have a college degree?
In Fairacres, New Mexico, 28.3% of adults age 25 and older hold a bachelor's degree or higher, and 92.0% have a high school diploma or higher.

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