City

Montezuma, NM

1 ZIP code  ·  San Miguel County  ·  New Mexico

👥515Population
💰$26,782Median HH Income▼ 65% below avg
🎂23.5Median Age
🏠$173,400Median Home Value▼ 38% below avg
🎓60.0%College Grads▲ 55% above avg
📊50.6%Unemployment▲ 935% above avg
People & Population (ACS 2023 — weighted avg)
♂ Male 36.3% Female 63.7% ♀

Race & Ethnicity

White: 36.5%Hispanic: 47.8%Black: 9.5%Asian: 1.9%Other: 0.4%Race
White36.5%
Hispanic47.8%
Black9.5%
Asian1.9%
Other0.4%

Age Breakdown

Under 5
12%
5–17
17%
18–24
23%
25–44
25%
45–64
17%

Key Indicators

Median Age23.5 yrs
Avg HH Size3.18
College Grads60.0% ▲ 55% above avg
Unemployment50.6% ▲ 935% above avg
Associates54 (40%)
Graduate Degree81 (60%)

Education

Associates: 40%Graduate: 60%Edu
Associates40.0%
Graduate60.0%
Housing & Income

Housing Tenure

Owner: 84.9%Renter: 15.1%Tenure
Owner84.9%
Renter15.1%

Home Value Distribution

$150k–$200k
53%
$200k–$300k
21%
$300k–$500k
17%
Over $500k
9%

Financials

Median HH Income$26,782 ▼ 65% below avg
Median Home Value$173,400 ▼ 38% below avg
Home/Income Ratio6.5x (nat avg ~3.5x)
Total Housing Units145
Vacant Units26

Income Distribution

Under $25k
21%
$25k–$50k
53%
$50k–$75k
9%
$75k–$100k
18%
Employment & Commute

How People Get to Work

Drove Alone
12%
Walked
73%
Work From Home
15%

Commute Time

Under 15 min
86%
15–30 min
14%
Housing Stock

Year Built

Before 1940
33%
1960s–1970s
5%
2000+
62%
About Montezuma, NM

Montezuma is a city in New Mexico, located in San Miguel County. The city spans 1 ZIP code and is home to approximately 515 residents. It is a young city, with a median age of 23.5 years.

Economically, Montezuma is a lower-income community. The median household income of $26,782 is well below the national average. The unemployment rate is 50.6%, more than double the national average.

The real estate market in Montezuma is an affordable housing market. Median home values stand at $173,400, which is below the national average. Homeownership is high at 84.9%, typical of suburban and family-oriented communities.

The population of Montezuma is well-educated. 60.0% of adults hold a bachelor's degree or higher — significantly above the national average. The community is racially diverse, with Hispanic as the largest group at 47.8%.

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

ZIP Codes in Montezuma
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
87731 515 $26,782 $173,400 50.6% 60.0% 84.9%