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Las Vegas, 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
13,000
Population
$45,125
Median Income
$155,300
Home Value
43.1
Median Age

Demographics

Las Vegas has a population of 13,000 with a median age of 43.1. Here is the racial and ethnic breakdown of the population:

Hispanic
76.3%
White
36.8%
Black
2.0%
Demographic Value
Total Population13,000
Median Age43.1
White36.8%
Black or African American2.0%
Asian0.1%
Hispanic or Latino76.3%
Las Vegas, New Mexico — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 115.Hispanic/Latino: 66.2%White: 31.9%Other: 1.8%13,000PopulationHispanic/LatinoHispanic/Latino66.2%WhiteWhite31.9%OtherOther1.8%

Income & Economy

The median household income in Las Vegas is $45,125, which is 44.0% below the national median of $80,610. The per capita income is $26,501. The poverty rate is 32.0%.

$45,125
Median Household Income
$26,501
Per Capita Income
32.0%
Poverty Rate

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Education

In Las Vegas, 89.5% of residents age 25+ have a high school diploma or higher, and 28.3% hold a bachelor's degree or higher (12.3% with a graduate or professional degree).

HS Diploma+
89.5%
Bachelor's+
28.3%
Graduate+
12.3%
Education Level % of Adults (25+)
High School Diploma or Higher89.5%
Bachelor's Degree or Higher28.3%
Graduate or Professional Degree12.3%

Housing

The median home value in Las Vegas is $155,300, below the national median of $303,400. The median monthly rent is $792. The homeownership rate is 57.0%.

$155,300
Median Home Value
$792/mo
Median Rent
57.0%
Homeownership Rate
Housing Metric Value
Median Home Value$155,300
Median Monthly Rent$792
Homeownership Rate57.0%
Vacancy Rate14.4%

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 Vegas, New Mexico?
The population of Las Vegas, New Mexico is 13,000 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Las Vegas, New Mexico?
The median household income in Las Vegas, New Mexico is $45,125. This is 44.0% below the national median of $80,610.
What is the median home value in Las Vegas, New Mexico?
The median home value in Las Vegas, New Mexico is $155,300. The median monthly rent is $792.
What percentage of people in Las Vegas have a college degree?
In Las Vegas, New Mexico, 28.3% of adults age 25 and older hold a bachelor's degree or higher, and 89.5% have a high school diploma or higher.
Is Las Vegas, New Mexico an affordable place to live?
The home price-to-income ratio in Las Vegas, New Mexico is 3.4x (median home value $155,300 vs. median income $45,125), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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