City

Hagerman, NM

1 ZIP code  ·  Chaves County  ·  New Mexico

👥2,713Population
💰$67,273Median HH Income▼ 12% below avg
🎂35.3Median Age
🏠$115,600Median Home Value▼ 59% below avg
🎓22.5%College Grads▼ 42% below avg
📊3.2%Unemployment▼ 35% below avg
People & Population (ACS 2023 — weighted avg)
♂ Male 59.6% Female 40.4% ♀

Race & Ethnicity

White: 35%Hispanic: 54.6%Black: 1.7%Asian: 1.3%Other: 2.7%Race
White35.0%
Hispanic54.6%
Black1.7%
Asian1.3%
Other2.7%

Age Breakdown

Under 5
2%
5–17
18%
18–24
13%
25–44
35%
45–64
21%
65+
5%

Key Indicators

Median Age35.3 yrs
Avg HH Size3.16
Below Poverty16.4% ▲ 64% above avg
College Grads22.5% ▼ 42% below avg
Unemployment3.2% ▼ 35% below avg
No HS Diploma54 (3.8%)
HS Graduate502 (35.1%)
Some College339 (23.7%)
Associates215 (15%)
Bachelors156 (10.9%)
Graduate Degree166 (11.6%)

Education

No HS: 3.8%HS Grad: 35.1%Some College: 23.7%Associates: 15%Bachelors: 10.9%Graduate: 11.6%Edu
No HS3.8%
HS Grad35.1%
Some College23.7%
Associates15.0%
Bachelors10.9%
Graduate11.6%
Housing & Income

Housing Tenure

Owner: 82.7%Renter: 17.3%Tenure
Owner82.7%
Renter17.3%

Home Value Distribution

Under $50k
21%
$50k–$100k
20%
$100k–$150k
18%
$150k–$200k
12%
$200k–$300k
21%
$300k–$500k
2%
Over $500k
7%

Financials

Median HH Income$67,273 ▼ 12% below avg
Median Home Value$115,600 ▼ 59% below avg
Home/Income Ratio1.7x (nat avg ~3.5x)
Median Rent$731/mo
Total Housing Units776
Vacant Units156

Income Distribution

Under $25k
22%
$25k–$50k
12%
$50k–$75k
21%
$75k–$100k
15%
$100k–$150k
22%
$150k–$200k
3%
Over $200k
5%
Employment & Commute

How People Get to Work

Drove Alone
92%
Walked
5%
Work From Home
3%

Commute Time

Under 15 min
36%
15–30 min
33%
30–45 min
18%
Over 45 min
13%
Housing Stock

Year Built

Before 1940
2%
1940s–1950s
5%
1960s–1970s
14%
1980s–1990s
19%
2000+
61%
About Hagerman, NM

Hagerman is a city in New Mexico, located in Chaves County. The city spans 1 ZIP code and is home to approximately 2,713 residents. It is a relatively young city, with a median age of 35.3 years.

Economically, Hagerman is a solidly middle-class community. The median household income of $67,273 is near the national average. Approximately 16.4% of residents live below the poverty line. The unemployment rate is 3.2%, below the national average.

The real estate market in Hagerman is one of the more affordable housing markets in the country. Median home values stand at $115,600, which is well below the national average. Renters typically pay around $731 per month. Homeownership is high at 82.7%, typical of suburban and family-oriented communities.

The population of Hagerman is less-educated. 22.5% of adults hold a bachelor's degree or higher — below the national average. The community is majority Hispanic (54.63%).

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

ZIP Codes in Hagerman
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
88232 2,713 $67,273 $115,600 $731 3.2% 22.5% 82.7%