Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 46.3 yrs |
|---|---|
| Avg HH Size | 2.14 |
| Below Poverty | 17.8% ▲ 78% above avg |
| College Grads | 33.0% ▼ 15% below avg |
| Unemployment | 2.8% ▼ 42% below avg |
| No HS Diploma | 4 (0.1%) |
| HS Graduate | 1,777 (36.7%) |
| Some College | 779 (16.1%) |
| Associates | 681 (14.1%) |
| Bachelors | 607 (12.5%) |
| Graduate Degree | 991 (20.5%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $52,856 ▼ 31% below avg |
|---|---|
| Median Home Value | $157,000 ▼ 44% below avg |
| Home/Income Ratio | 3.0x (nat avg ~3.5x) |
| Median Rent | $734/mo |
| Total Housing Units | 3,889 |
| Vacant Units | 676 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Raton is a city in New Mexico, located in Colfax County. The city spans 1 ZIP code and is home to approximately 7,055 residents. It is a mature city, with a median age of 46.3 years.
Economically, Raton is a working-class community. The median household income of $52,856 is below the national average. Approximately 17.8% of residents live below the poverty line. The unemployment rate is 2.8%, below the national average.
The real estate market in Raton is an affordable housing market. Median home values stand at $157,000, which is below the national average. Renters typically pay around $734 per month. Homeownership is high at 72.6%, typical of suburban and family-oriented communities.
The population of Raton is moderately educated. 33.0% of adults hold a bachelor's degree or higher — near the national average. The community is majority Hispanic (52.09%).
Raton, NM offers residents a cost-conscious lifestyle within New Mexico.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 87740 | 7,055 | $52,856 | $157,000 | $734 | 2.8% | 33.0% | 72.6% |