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ZipNumbers

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

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