New Mexico · Census place 31330
Hagerman town, NM
Quick answer
Hagerman town has 599 residents, ranking #226 of 527 places in New Mexico. Median household income is $68,750, the median home is worth $72,900 and median gross rent runs $640 a month.
- Population
- 599Hagerman town residents
- Median household income
- $68,750Past 12 months, inflation adjusted
- Median home value
- $72,900Owner-occupied units
- Median gross rent
- $640Rent plus utilities, monthly
- Median age
- 44.2 yrsAll residents
- Homeownership rate
- 84.2%Owner-occupied households
What the numbers mean in Hagerman town
Housing cost measured against local earnings.
A household earning the Hagerman town median would spend about 11.2% 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 1.1× the median household income; nationally that ratio sits near 4.5×. Poverty affects 10.4% of residents and 84.2% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
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