City

Dexter, NM

1 ZIP code  ·  Chaves County  ·  New Mexico

👥4,639Population
💰$42,894Median HH Income▼ 44% below avg
🎂36.6Median Age
🏠$96,500Median Home Value▼ 65% below avg
🎓19.2%College Grads▼ 50% below avg
📊6.3%Unemployment▲ 28% above avg
People & Population (ACS 2023 — weighted avg)
♂ Male 49.3% Female 50.7% ♀

Race & Ethnicity

White: 31.6%Hispanic: 66.5%Black: 1.3%Other: 0.6%Race
White31.6%
Hispanic66.5%
Black1.3%
Other0.6%

Age Breakdown

Under 5
6%
5–17
23%
18–24
7%
25–44
25%
45–64
23%
65+
6%

Key Indicators

Median Age36.6 yrs
Avg HH Size2.77
Below Poverty26.4% ▲ 164% above avg
College Grads19.2% ▼ 50% below avg
Unemployment6.3% ▲ 28% above avg
No HS Diploma179 (7.6%)
HS Graduate708 (30.1%)
Some College542 (23%)
Associates471 (20%)
Bachelors163 (6.9%)
Graduate Degree289 (12.3%)

Education

No HS: 7.6%HS Grad: 30.1%Some College: 23%Associates: 20%Bachelors: 6.9%Graduate: 12.3%Edu
No HS7.6%
HS Grad30.1%
Some College23.0%
Associates20.0%
Bachelors6.9%
Graduate12.3%
Housing & Income

Housing Tenure

Owner: 75.6%Renter: 24.4%Tenure
Owner75.6%
Renter24.4%

Home Value Distribution

Under $50k
13%
$50k–$100k
42%
$100k–$150k
9%
$150k–$200k
12%
$200k–$300k
16%
$300k–$500k
7%
Over $500k
1%

Financials

Median HH Income$42,894 ▼ 44% below avg
Median Home Value$96,500 ▼ 65% below avg
Home/Income Ratio2.2x (nat avg ~3.5x)
Median Rent$763/mo
Total Housing Units1,869
Vacant Units194

Income Distribution

Under $25k
36%
$25k–$50k
14%
$50k–$75k
23%
$75k–$100k
10%
$100k–$150k
15%
$150k–$200k
1%
Over $200k
1%
Employment & Commute

How People Get to Work

Drove Alone
93%
Work From Home
7%

Commute Time

Under 15 min
34%
15–30 min
36%
30–45 min
22%
Over 45 min
8%
Housing Stock

Year Built

Before 1940
1%
1940s–1950s
7%
1960s–1970s
23%
1980s–1990s
14%
2000+
56%
About Dexter, NM

Dexter is a city in New Mexico, located in Chaves County. The city spans 1 ZIP code and is home to approximately 4,639 residents. It is a relatively young city, with a median age of 36.6 years.

Economically, Dexter is a working-class community. The median household income of $42,894 is below the national average. Approximately 26.4% of residents live below the poverty line. The unemployment rate is 6.3%, above the national average.

The real estate market in Dexter is one of the more affordable housing markets in the country. Median home values stand at $96,500, which is well below the national average. Renters typically pay around $763 per month. Homeownership is high at 75.6%, typical of suburban and family-oriented communities.

The population of Dexter is less-educated. 19.2% of adults hold a bachelor's degree or higher — well below the national average. The community is majority Hispanic (66.46%).

Dexter, NM offers residents a cost-conscious lifestyle within New Mexico.

ZIP Codes in Dexter
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
88230 4,639 $42,894 $96,500 $763 6.3% 19.2% 75.6%