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Sheep Springs, 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
360
Population
$30,625
Median Income
$99,000
Home Value
28.7
Median Age

Demographics

Sheep Springs has a population of 360 with a median age of 28.7. Here is the racial and ethnic breakdown of the population:

Other
97.2%
Hispanic
2.8%
Demographic Value
Total Population360
Median Age28.7
Hispanic or Latino2.8%
Other / Two or More Races97.2%
Sheep Springs, New Mexico — racial composition (Census ACS 2024)Donut chart of 2 segments totaling 100.Other: 97.2%Hispanic/Latino: 2.8%360PopulationOtherOther97.2%Hispanic/LatinoHispanic/Latino2.8%

Income & Economy

The median household income in Sheep Springs is $30,625, which is 62.0% below the national median of $80,610. The per capita income is $10,999. The poverty rate is 36.1%.

$30,625
Median Household Income
$10,999
Per Capita Income
36.1%
Poverty Rate

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Education

In Sheep Springs, 87.4% of residents age 25+ have a high school diploma or higher, and 5.5% hold a bachelor's degree or higher (1.0% with a graduate or professional degree).

HS Diploma+
87.4%
Bachelor's+
5.5%
Graduate+
1.0%
Education Level % of Adults (25+)
High School Diploma or Higher87.4%
Bachelor's Degree or Higher5.5%
Graduate or Professional Degree1.0%

Housing

The median home value in Sheep Springs is $99,000, below the national median of $303,400. The median monthly rent is $819. The homeownership rate is 66.7%.

$99,000
Median Home Value
$819/mo
Median Rent
66.7%
Homeownership Rate
Housing Metric Value
Median Home Value$99,000
Median Monthly Rent$819
Homeownership Rate66.7%
Vacancy Rate17.3%

Salaries in New Mexico

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Frequently Asked Questions

What is the population of Sheep Springs, New Mexico?
The population of Sheep Springs, New Mexico is 360 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Sheep Springs, New Mexico?
The median household income in Sheep Springs, New Mexico is $30,625. This is 62.0% below the national median of $80,610.
What is the median home value in Sheep Springs, New Mexico?
The median home value in Sheep Springs, New Mexico is $99,000. The median monthly rent is $819.
What percentage of people in Sheep Springs have a college degree?
In Sheep Springs, New Mexico, 5.5% of adults age 25 and older hold a bachelor's degree or higher, and 87.4% have a high school diploma or higher.
Is Sheep Springs, New Mexico an affordable place to live?
The home price-to-income ratio in Sheep Springs, New Mexico is 3.2x (median home value $99,000 vs. median income $30,625), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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