Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 47.8 yrs |
|---|---|
| Avg HH Size | 2.93 |
| Below Poverty | 39.3% ▲ 293% above avg |
| College Grads | 26.7% ▼ 31% below avg |
| Unemployment | 9.5% ▲ 95% above avg |
| HS Graduate | 713 (44.5%) |
| Some College | 165 (10.3%) |
| Associates | 298 (18.6%) |
| Bachelors | 175 (10.9%) |
| Graduate Degree | 253 (15.8%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $29,712 ▼ 61% below avg |
|---|---|
| Median Home Value | $110,800 ▼ 60% below avg |
| Home/Income Ratio | 3.7x (nat avg ~3.5x) |
| Total Housing Units | 1,401 |
| Vacant Units | 533 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Magdalena is a city in New Mexico, located in Socorro County. The city spans 1 ZIP code and is home to approximately 2,550 residents. It is a mature city, with a median age of 47.8 years.
Economically, Magdalena is a lower-income community. The median household income of $29,712 is well below the national average. Approximately 39.3% of residents live below the poverty line. The unemployment rate is 9.5%, significantly above the national average.
The real estate market in Magdalena is one of the more affordable housing markets in the country. Median home values stand at $110,800, which is well below the national average. Homeownership is high at 69.9%, typical of suburban and family-oriented communities.
The population of Magdalena is moderately educated. 26.7% 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 24.8%.
Magdalena, NM offers residents a cost-conscious lifestyle within New Mexico.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 87825 | 2,550 | $29,712 | $110,800 | — | 9.5% | 26.7% | 69.9% |