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New Mexico · Census place 20620

Dexter, NM population, income and ZIP codes

Quick answer

The population of the city of Dexter, New Mexico (Dexter, NM — Census place “Dexter town”) is 1,144 residents, ranking #145 of 527 places in New Mexico. Median household income is $61,118, the median home is worth $95,200 and median gross rent runs $688 a month. Looking for the Dexter New Mexico ZIP code list? 1 ZIP codes serve Dexter, NM: 88230.

Population
1,144Dexter town residents
Median household income
$61,118Past 12 months, inflation adjusted
Median home value
$95,200Owner-occupied units
Median gross rent
$688Rent plus utilities, monthly
Median age
31.5 yrsAll residents
Homeownership rate
84.3%Owner-occupied households

Dexter ZIP codes (New Mexico)

Census ZCTAs whose delivery area overlaps Dexter.

The Dexter NM ZIP code list below covers 1 ZIP code. Open any one for its population, income, housing and rent profile.

What the numbers mean in Dexter town

Housing cost measured against local earnings.

A household earning the Dexter town median would spend about 13.5% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 1.6× the median household income; nationally that ratio sits near 4.5×. Poverty affects 31.8% of residents and 84.3% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

Dexter town, NM in context

How this area compares with national benchmarks.

Dexter town is a small town in New Mexico, with 1,144 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #145 of 527 ranked by population — larger than 72% of them. The median age here is 31.5 years against 39.1 nationally, a distinctly younger profile, typical of places with students, military posts or a fast-growing family population. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.

Households in Dexter town earn a median of $61,118 a year, 22.2% below the national figure of $78,538 and 13% above the $54,029 median for the 153 New Mexico cities we cover. The median is the midpoint household, not an average, so a handful of very high earners cannot drag it upward the way they distort a mean. Poverty reaches 31.8% of residents here, well above the 12.4% national rate, which is the single clearest signal in this dataset that median income here is carried by a narrow band of households.

The typical owner-occupied home in Dexter town is valued at $95,200, 68.6% below the national figure and 50% below the $190,000 peer median, while median gross rent runs $688 a month, 51.1% below the national figure, or roughly $8,256 across a full year. A household on the local median income would put about 13.5% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is cheap relative to what people here earn. The home-price-to-income ratio works out to 1.6×, against roughly 3.9× nationally, so purchase prices are unusually low against local pay, the pattern in places where supply is plentiful and wage growth has been flat. 84.3% of occupied homes are owner-occupied versus 65% nationally, an owner-dominated market where rental listings are scarce and rent medians rest on a thin sample. The rent line includes utilities paid by the tenant, a definition worth remembering when comparing it against a landlord's quoted rate.

Every value on this page is published directly by the Census for this area — nothing is modelled or interpolated. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.

Compare with nearby places

Places of similar size in New Mexico.

More New Mexico coverage.

Frequently asked questions

Common questions about this area.

What is the population of Dexter town?
Dexter town has 1,144 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #145 of 527 in New Mexico.
What is the median household income in Dexter town?
Median household income in Dexter town is $61,118 a year, 22.2% below the national figure of $78,538.
How much does it cost to rent or buy in Dexter town?
Median gross rent is $688 a month and the median home value is $95,200, so rent absorbs about 13.5% of median household income.
Is Dexter town affordable compared with the rest of the US?
Homes cost about 1.6× the local median income here versus roughly 3.9× nationally, so Dexter town is more affordable to buy in than the typical US market, and rent takes 13.5% of median income against the 30% cost-burden line.
How current is this Dexter town data?
All figures come from the US Census Bureau American Community Survey 2019-2023 ACS 5-year five-year estimates. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.