Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 46.7 yrs |
|---|---|
| Avg HH Size | 2.63 |
| Below Poverty | 17.6% ▲ 76% above avg |
| College Grads | 34.2% ▼ 12% below avg |
| Unemployment | 6.1% ▲ 25% above avg |
| No HS Diploma | 40 (1%) |
| HS Graduate | 1,246 (32%) |
| Some College | 535 (13.8%) |
| Associates | 738 (19%) |
| Bachelors | 379 (9.7%) |
| Graduate Degree | 950 (24.4%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $63,287 ▼ 17% below avg |
|---|---|
| Median Home Value | $246,300 ▼ 12% below avg |
| Home/Income Ratio | 3.9x (nat avg ~3.5x) |
| Median Rent | $865/mo |
| Total Housing Units | 2,252 |
| Vacant Units | 143 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Bosque Farms is a city in New Mexico, located in Valencia County. The city spans 1 ZIP code and is home to approximately 5,554 residents. It is a mature city, with a median age of 46.7 years.
Economically, Bosque Farms is a solidly middle-class community. The median household income of $63,287 is below the national average. Approximately 17.6% of residents live below the poverty line. The unemployment rate is 6.1%, above the national average.
The real estate market in Bosque Farms is an affordable housing market. Median home values stand at $246,300, which is near the national average. Renters typically pay around $865 per month. Homeownership is high at 90.8%, typical of suburban and family-oriented communities.
The population of Bosque Farms is moderately educated. 34.2% of adults hold a bachelor's degree or higher — near the national average. The community is racially diverse, with Hispanic as the largest group at 38.3%.
Bosque Farms, NM offers residents a cost-conscious lifestyle within New Mexico.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 87068 | 5,554 | $63,287 | $246,300 | $865 | 6.1% | 34.2% | 90.8% |