New Mexico · Census place 72600
Sheep Springs CDP, NM
Quick answer
Sheep Springs CDP has 369 residents, ranking #294 of 527 places in New Mexico. Median household income is $28,750, the median home is worth $97,500 and median gross rent runs $825 a month.
- Population
- 369Sheep Springs CDP residents
- Median household income
- $28,750Past 12 months, inflation adjusted
- Median home value
- $97,500Owner-occupied units
- Median gross rent
- $825Rent plus utilities, monthly
- Median age
- 28.6 yrsAll residents
- Homeownership rate
- 71.6%Owner-occupied households
What the numbers mean in Sheep Springs CDP
Housing cost measured against local earnings.
A household earning the Sheep Springs CDP median would spend about 34.4% 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 3.4× the median household income; nationally that ratio sits near 4.5×. Poverty affects 35% of residents and 71.6% 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.
- Ojo Amarillo CDP 380
- Maxwell village 370
- Newcomb CDP 369
- Chamisal CDP 367
- Pleasanton CDP 363
- Morningside CDP 352
- Haystack CDP 347
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More New Mexico coverage.