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Portales, 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
11,968
Population
$50,555
Median Income
$133,400
Home Value
27.1
Median Age

Demographics

Portales has a population of 11,968 with a median age of 27.1. Here is the racial and ethnic breakdown of the population:

White
60.2%
Hispanic
49.8%
Black
0.9%
Asian
0.9%
Demographic Value
Total Population11,968
Median Age27.1
White60.2%
Black or African American0.9%
Asian0.9%
Hispanic or Latino49.8%
Portales, New Mexico — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 112.White: 53.8%Hispanic/Latino: 44.5%Other: 1.6%11,968PopulationWhiteWhite53.8%Hispanic/LatinoHispanic/Latino44.5%OtherOther1.6%

Income & Economy

The median household income in Portales is $50,555, which is 37.3% below the national median of $80,610. The per capita income is $21,996. The poverty rate is 28.1%.

$50,555
Median Household Income
$21,996
Per Capita Income
28.1%
Poverty Rate

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Education

In Portales, 86.6% of residents age 25+ have a high school diploma or higher, and 25.4% hold a bachelor's degree or higher (11.6% with a graduate or professional degree).

HS Diploma+
86.6%
Bachelor's+
25.4%
Graduate+
11.6%
Education Level % of Adults (25+)
High School Diploma or Higher86.6%
Bachelor's Degree or Higher25.4%
Graduate or Professional Degree11.6%

Housing

The median home value in Portales is $133,400, below the national median of $303,400. The median monthly rent is $903. The homeownership rate is 47.6%.

$133,400
Median Home Value
$903/mo
Median Rent
47.6%
Homeownership Rate
Housing Metric Value
Median Home Value$133,400
Median Monthly Rent$903
Homeownership Rate47.6%
Vacancy Rate14.0%

Salaries in New Mexico

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Frequently Asked Questions

What is the population of Portales, New Mexico?
The population of Portales, New Mexico is 11,968 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Portales, New Mexico?
The median household income in Portales, New Mexico is $50,555. This is 37.3% below the national median of $80,610.
What is the median home value in Portales, New Mexico?
The median home value in Portales, New Mexico is $133,400. The median monthly rent is $903.
What percentage of people in Portales have a college degree?
In Portales, New Mexico, 25.4% of adults age 25 and older hold a bachelor's degree or higher, and 86.6% have a high school diploma or higher.
Is Portales, New Mexico an affordable place to live?
The home price-to-income ratio in Portales, New Mexico is 2.6x (median home value $133,400 vs. median income $50,555), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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