Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 59.1 yrs |
|---|---|
| Avg HH Size | 2.80 |
| Below Poverty | 30.4% ▲ 204% above avg |
| College Grads | 8.3% ▼ 79% below avg |
| Unemployment | 32.6% ▲ 566% above avg |
| No HS Diploma | 6 (2.1%) |
| HS Graduate | 101 (34.7%) |
| Some College | 45 (15.5%) |
| Associates | 115 (39.5%) |
| Graduate Degree | 24 (8.2%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $27,650 ▼ 64% below avg |
|---|---|
| Median Home Value | $420,700 ▲ 51% above avg |
| Home/Income Ratio | 15.2x (nat avg ~3.5x) |
| Total Housing Units | 202 |
| Vacant Units | 67 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Ocate is a city in New Mexico, located in Mora County. The city spans 1 ZIP code and is home to approximately 378 residents. It is an older city, with a median age of 59.1 years.
Economically, Ocate is a lower-income community. The median household income of $27,650 is well below the national average. Approximately 30.4% of residents live below the poverty line. The unemployment rate is 32.6%, more than double the national average.
The real estate market in Ocate is a premium housing market. Median home values stand at $420,700, which is significantly above the national average. Homeownership is high at 92.6%, typical of suburban and family-oriented communities.
The population of Ocate is less-educated. 8.3% of adults hold a bachelor's degree or higher — well below the national average. The community is majority White (53.44%).
Ocate, NM offers residents a cost-conscious lifestyle within New Mexico.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 87734 | 378 | $27,650 | $420,700 | — | 32.6% | 8.3% | 92.6% |