New Mexico · Census place 55270
Paradise Hills CDP, NM
Quick answer
Paradise Hills CDP has 4,662 residents, ranking #48 of 527 places in New Mexico. Median household income is $74,403, the median home is worth $241,300 and median gross rent runs $1,256 a month.
- Population
- 4,662Paradise Hills CDP residents
- Median household income
- $74,403Past 12 months, inflation adjusted
- Median home value
- $241,300Owner-occupied units
- Median gross rent
- $1,256Rent plus utilities, monthly
- Median age
- 44 yrsAll residents
- Homeownership rate
- 74.6%Owner-occupied households
What the numbers mean in Paradise Hills CDP
Housing cost measured against local earnings.
A household earning the Paradise Hills CDP median would spend about 20.3% 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 3.2× the median household income; nationally that ratio sits near 4.5×. Poverty affects 13.2% of residents and 74.6% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in New Mexico.
- Tucumcari city 5,197
- El Cerro Mission CDP 5,101
- Rio Communities city 4,924
- Los Chaves CDP 4,641
- Lee Acres CDP 4,463
- Crouch Mesa CDP 4,419
- Placitas CDP (Sandoval County) 4,375
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