Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 41.3 yrs |
|---|---|
| Avg HH Size | 3.09 |
| Below Poverty | 15.2% ▲ 52% above avg |
| College Grads | 29.1% ▼ 25% below avg |
| Unemployment | 6.8% ▲ 39% above avg |
| No HS Diploma | 15 (1.7%) |
| HS Graduate | 342 (38.1%) |
| Some College | 69 (7.7%) |
| Associates | 211 (23.5%) |
| Bachelors | 115 (12.8%) |
| Graduate Degree | 146 (16.3%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $44,219 ▼ 42% below avg |
|---|---|
| Median Home Value | $200,300 ▼ 28% below avg |
| Home/Income Ratio | 4.5x (nat avg ~3.5x) |
| Median Rent | $956/mo |
| Total Housing Units | 634 |
| Vacant Units | 159 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Penasco is a city in New Mexico, located in Taos County. The city spans 1 ZIP code and is home to approximately 1,470 residents. It is a middle-aged city, with a median age of 41.3 years.
Economically, Penasco is a working-class community. The median household income of $44,219 is below the national average. Approximately 15.2% of residents live below the poverty line. The unemployment rate is 6.8%, above the national average.
The real estate market in Penasco is an affordable housing market. Median home values stand at $200,300, which is below the national average. Renters typically pay around $956 per month. Homeownership is high at 78.1%, typical of suburban and family-oriented communities.
The population of Penasco is moderately educated. 29.1% of adults hold a bachelor's degree or higher — below the national average. The community is primarily Hispanic (83.4%).
Penasco, NM offers residents a cost-conscious lifestyle within New Mexico.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 87553 | 1,470 | $44,219 | $200,300 | $956 | 6.8% | 29.1% | 78.1% |