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Peak Place, 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
427
Population
$40,938
Median Income
$13,800
Home Value
28.6
Median Age

Demographics

Peak Place has a population of 427 with a median age of 28.6. Here is the racial and ethnic breakdown of the population:

Hispanic
88.1%
White
40.7%
Demographic Value
Total Population427
Median Age28.6
White40.7%
Hispanic or Latino88.1%
Peak Place, New Mexico — racial composition (Census ACS 2024)Donut chart of 2 segments totaling 129.Hispanic/Latino: 68.4%White: 31.6%427PopulationHispanic/LatinoHispanic/Latino68.4%WhiteWhite31.6%

Income & Economy

The median household income in Peak Place is $40,938, which is 49.2% below the national median of $80,610. The per capita income is $17,118. The poverty rate is 32.6%.

$40,938
Median Household Income
$17,118
Per Capita Income
32.6%
Poverty Rate

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Education

In Peak Place, 64.8% of residents age 25+ have a high school diploma or higher, and 17.8% hold a bachelor's degree or higher (3.9% with a graduate or professional degree).

HS Diploma+
64.8%
Bachelor's+
17.8%
Graduate+
3.9%
Education Level % of Adults (25+)
High School Diploma or Higher64.8%
Bachelor's Degree or Higher17.8%
Graduate or Professional Degree3.9%

Housing

The median home value in Peak Place is $13,800, below the national median of $303,400. The median monthly rent is $483. The homeownership rate is 93.3%.

$13,800
Median Home Value
$483/mo
Median Rent
93.3%
Homeownership Rate
Housing Metric Value
Median Home Value$13,800
Median Monthly Rent$483
Homeownership Rate93.3%

Salaries in New Mexico

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Frequently Asked Questions

What is the population of Peak Place, New Mexico?
The population of Peak Place, New Mexico is 427 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Peak Place, New Mexico?
The median household income in Peak Place, New Mexico is $40,938. This is 49.2% below the national median of $80,610.
What is the median home value in Peak Place, New Mexico?
The median home value in Peak Place, New Mexico is $13,800. The median monthly rent is $483.
What percentage of people in Peak Place have a college degree?
In Peak Place, New Mexico, 17.8% of adults age 25 and older hold a bachelor's degree or higher, and 64.8% have a high school diploma or higher.
Is Peak Place, New Mexico an affordable place to live?
The home price-to-income ratio in Peak Place, New Mexico is 0.3x (median home value $13,800 vs. median income $40,938), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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