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Las Palomas, 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
304
Population
$73,864
Median Income
$137,500
Home Value
65.7
Median Age

Demographics

Las Palomas has a population of 304 with a median age of 65.7. Here is the racial and ethnic breakdown of the population:

White
96.4%
Hispanic
10.2%
Demographic Value
Total Population304
Median Age65.7
White96.4%
Hispanic or Latino10.2%
Las Palomas, New Mexico — racial composition (Census ACS 2024)Donut chart of 2 segments totaling 107.White: 90.4%Hispanic/Latino: 9.6%304PopulationWhiteWhite90.4%Hispanic/LatinoHispanic/Latino9.6%

Income & Economy

The median household income in Las Palomas is $73,864, which is 8.4% below the national median of $80,610. The per capita income is $34,504.

$73,864
Median Household Income
$34,504
Per Capita Income

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Education

In Las Palomas, 92.1% of residents age 25+ have a high school diploma or higher, and 6.2% hold a bachelor's degree or higher.

HS Diploma+
92.1%
Bachelor's+
6.2%
Education Level % of Adults (25+)
High School Diploma or Higher92.1%
Bachelor's Degree or Higher6.2%

Housing

The median home value in Las Palomas is $137,500, below the national median of $303,400. The homeownership rate is 79.2%.

$137,500
Median Home Value
79.2%
Homeownership Rate
Housing Metric Value
Median Home Value$137,500
Homeownership Rate79.2%
Vacancy Rate27.8%

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 Las Palomas, New Mexico?
The population of Las Palomas, New Mexico is 304 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Las Palomas, New Mexico?
The median household income in Las Palomas, New Mexico is $73,864. This is 8.4% below the national median of $80,610.
What is the median home value in Las Palomas, New Mexico?
The median home value in Las Palomas, New Mexico is $137,500.
What percentage of people in Las Palomas have a college degree?
In Las Palomas, New Mexico, 6.2% of adults age 25 and older hold a bachelor's degree or higher, and 92.1% have a high school diploma or higher.
Is Las Palomas, New Mexico an affordable place to live?
The home price-to-income ratio in Las Palomas, New Mexico is 1.9x (median home value $137,500 vs. median income $73,864), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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