City

Maxwell, NM

1 ZIP code  ·  Colfax County  ·  New Mexico

👥464Population
💰$37,125Median HH Income▼ 51% below avg
🎂37.9Median Age
🏠$85,000Median Home Value▼ 70% below avg
🎓16.8%College Grads▼ 57% below avg
People & Population (ACS 2023 — weighted avg)
♂ Male 44.8% Female 55.2% ♀

Race & Ethnicity

White: 37.5%Hispanic: 60.1%Other: 1.3%Race
White37.5%
Hispanic60.1%
Other1.3%

Age Breakdown

Under 5
4%
5–17
28%
18–24
4%
25–44
19%
45–64
20%
65+
8%

Key Indicators

Median Age37.9 yrs
Avg HH Size2.49
Below Poverty8.0% ▼ 20% below avg
College Grads16.8% ▼ 57% below avg
HS Graduate102 (37.2%)
Some College56 (20.4%)
Associates70 (25.5%)
Bachelors13 (4.7%)
Graduate Degree33 (12%)

Education

HS Grad: 37.2%Some College: 20.4%Associates: 25.5%Bachelors: 4.7%Graduate: 12%Edu
HS Grad37.2%
Some College20.4%
Associates25.5%
Bachelors4.7%
Graduate12.0%
Housing & Income

Housing Tenure

Owner: 72%Renter: 28%Tenure
Owner72.0%
Renter28.0%

Home Value Distribution

Under $50k
25%
$50k–$100k
40%
$100k–$150k
13%
$200k–$300k
1%
$300k–$500k
20%
Over $500k
1%

Financials

Median HH Income$37,125 ▼ 51% below avg
Median Home Value$85,000 ▼ 70% below avg
Home/Income Ratio2.3x (nat avg ~3.5x)
Median Rent$575/mo
Total Housing Units227
Vacant Units41

Income Distribution

Under $25k
30%
$25k–$50k
32%
$50k–$75k
16%
$75k–$100k
9%
$100k–$150k
7%
$150k–$200k
7%
Employment & Commute

How People Get to Work

Drove Alone
79%
Walked
2%
Work From Home
19%

Commute Time

Under 15 min
29%
15–30 min
31%
30–45 min
16%
Over 45 min
23%
Housing Stock

Year Built

Before 1940
3%
1940s–1950s
8%
1960s–1970s
19%
1980s–1990s
11%
2000+
59%
About Maxwell, NM

Maxwell is a city in New Mexico, located in Colfax County. The city spans 1 ZIP code and is home to approximately 464 residents. It is a relatively young city, with a median age of 37.9 years.

Economically, Maxwell is a lower-income community. The median household income of $37,125 is well below the national average. Approximately 8.0% of residents live below the poverty line.

The real estate market in Maxwell is one of the more affordable housing markets in the country. Median home values stand at $85,000, which is well below the national average. Renters typically pay around $575 per month. Homeownership is high at 72.0%, typical of suburban and family-oriented communities.

The population of Maxwell is less-educated. 16.8% of adults hold a bachelor's degree or higher — well below the national average. The community is majority Hispanic (60.13%).

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

ZIP Codes in Maxwell
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
87728 464 $37,125 $85,000 $575 0.0% 16.8% 72.0%