New Mexico · Census place 59260
Portales city, NM
Quick answer
Portales city has 12,023 residents, ranking #20 of 527 places in New Mexico. Median household income is $51,290, the median home is worth $132,900 and median gross rent runs $870 a month.
- Population
- 12,023Portales city residents
- Median household income
- $51,290Past 12 months, inflation adjusted
- Median home value
- $132,900Owner-occupied units
- Median gross rent
- $870Rent plus utilities, monthly
- Median age
- 27.7 yrsAll residents
- Homeownership rate
- 53%Owner-occupied households
What the numbers mean in Portales city
Housing cost measured against local earnings.
A household earning the Portales city median would spend about 20.4% 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 2.6× the median household income; nationally that ratio sits near 4.5×. Poverty affects 21.5% of residents and 53% 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.
- Los Alamos CDP 13,471
- Las Vegas city 13,120
- Artesia city 12,555
- North Valley CDP 11,474
- Lovington city 11,444
- Española city 10,472
- Silver City town 9,574
Keep going
More New Mexico coverage.