Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 24.6 yrs |
|---|---|
| Avg HH Size | 2.97 |
| Below Poverty | 31.6% ▲ 216% above avg |
| College Grads | 28.5% ▼ 26% below avg |
| Unemployment | 9.5% ▲ 94% above avg |
| No HS Diploma | 38 (3.6%) |
| HS Graduate | 243 (22.8%) |
| Some College | 229 (21.5%) |
| Associates | 251 (23.6%) |
| Bachelors | 42 (3.9%) |
| Graduate Degree | 262 (24.6%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $33,269 ▼ 56% below avg |
|---|---|
| Median Home Value | $118,100 ▼ 58% below avg |
| Home/Income Ratio | 3.5x (nat avg ~3.5x) |
| Median Rent | $653/mo |
| Total Housing Units | 1,151 |
| Vacant Units | 353 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Bayard is a city in New Mexico, located in Grant County. The city spans 1 ZIP code and is home to approximately 2,370 residents. It is a young city, with a median age of 24.6 years.
Economically, Bayard is a lower-income community. The median household income of $33,269 is well below the national average. Approximately 31.6% of residents live below the poverty line. The unemployment rate is 9.5%, significantly above the national average.
The real estate market in Bayard is one of the more affordable housing markets in the country. Median home values stand at $118,100, which is well below the national average. Renters typically pay around $653 per month. Homeownership is high at 63.9%, typical of suburban and family-oriented communities.
The population of Bayard is moderately educated. 28.5% of adults hold a bachelor's degree or higher — below the national average. The community is primarily Hispanic (79.11%).
Bayard, NM offers residents a cost-conscious lifestyle within New Mexico.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 88023 | 2,370 | $33,269 | $118,100 | $653 | 9.5% | 28.5% | 63.9% |