Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 40.1 yrs |
|---|---|
| Avg HH Size | 3.65 |
| Below Poverty | 16.0% ▲ 60% above avg |
| College Grads | 24.4% ▼ 37% below avg |
| Unemployment | 13.1% ▲ 169% above avg |
| No HS Diploma | 20 (1%) |
| HS Graduate | 816 (41.3%) |
| Some College | 229 (11.6%) |
| Associates | 431 (21.8%) |
| Bachelors | 168 (8.5%) |
| Graduate Degree | 314 (15.9%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $65,417 ▼ 14% below avg |
|---|---|
| Median Home Value | $224,800 ▼ 19% below avg |
| Home/Income Ratio | 3.4x (nat avg ~3.5x) |
| Total Housing Units | 1,073 |
| Vacant Units | 99 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Algodones is a city in New Mexico, located in Sandoval County. The city spans 1 ZIP code and is home to approximately 3,551 residents. It is a middle-aged city, with a median age of 40.1 years.
Economically, Algodones is a solidly middle-class community. The median household income of $65,417 is near the national average. Approximately 16.0% of residents live below the poverty line. The unemployment rate is 13.1%, more than double the national average.
The real estate market in Algodones is an affordable housing market. Median home values stand at $224,800, which is below the national average. Homeownership is high at 88.2%, typical of suburban and family-oriented communities.
The population of Algodones is less-educated. 24.4% of adults hold a bachelor's degree or higher — below the national average. The community is racially diverse, with Hispanic as the largest group at 25.2%.
Algodones, NM offers residents a cost-conscious lifestyle within New Mexico.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 87001 | 3,551 | $65,417 | $224,800 | — | 13.1% | 24.4% | 88.2% |