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Picacho Hills, 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
2,002
Population
$120,850
Median Income
$456,400
Home Value
67.3
Median Age

Demographics

Picacho Hills has a population of 2,002 with a median age of 67.3. Here is the racial and ethnic breakdown of the population:

White
78.1%
Hispanic
16.2%
Asian
6.6%
Demographic Value
Total Population2,002
Median Age67.3
White78.1%
Asian6.6%
Hispanic or Latino16.2%
Picacho Hills, New Mexico — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 101.White: 77.4%Hispanic/Latino: 16.1%Asian: 6.5%2,002PopulationWhiteWhite77.4%Hispanic/LatinoHispanic/Latino16.1%AsianAsian6.5%

Income & Economy

The median household income in Picacho Hills is $120,850, which is 49.9% above the national median of $80,610. The per capita income is $64,879. The poverty rate is 5.6%.

$120,850
Median Household Income
$64,879
Per Capita Income
5.6%
Poverty Rate

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Education

In Picacho Hills, 99.1% of residents age 25+ have a high school diploma or higher, and 67.3% hold a bachelor's degree or higher (33.0% with a graduate or professional degree).

HS Diploma+
99.1%
Bachelor's+
67.3%
Graduate+
33.0%
Education Level % of Adults (25+)
High School Diploma or Higher99.1%
Bachelor's Degree or Higher67.3%
Graduate or Professional Degree33.0%

Housing

The median home value in Picacho Hills is $456,400, above the national median of $303,400. The homeownership rate is 100.0%.

$456,400
Median Home Value
100.0%
Homeownership Rate
Housing Metric Value
Median Home Value$456,400
Homeownership Rate100.0%
Vacancy Rate6.7%

Salaries in New Mexico

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Frequently Asked Questions

What is the population of Picacho Hills, New Mexico?
The population of Picacho Hills, New Mexico is 2,002 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Picacho Hills, New Mexico?
The median household income in Picacho Hills, New Mexico is $120,850. This is 49.9% above the national median of $80,610.
What is the median home value in Picacho Hills, New Mexico?
The median home value in Picacho Hills, New Mexico is $456,400.
What percentage of people in Picacho Hills have a college degree?
In Picacho Hills, New Mexico, 67.3% of adults age 25 and older hold a bachelor's degree or higher, and 99.1% have a high school diploma or higher.
Is Picacho Hills, New Mexico an affordable place to live?
The home price-to-income ratio in Picacho Hills, New Mexico is 3.8x (median home value $456,400 vs. median income $120,850), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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