Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 39.9 yrs |
|---|---|
| Avg HH Size | 2.39 |
| Below Poverty | 13.0% ▲ 30% above avg |
| College Grads | 39.6% ≈ Avg |
| Unemployment | 2.8% ▼ 44% below avg |
| HS Graduate | 289 (35.7%) |
| Some College | 132 (16.3%) |
| Associates | 68 (8.4%) |
| Bachelors | 74 (9.1%) |
| Graduate Degree | 246 (30.4%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $58,750 ▼ 23% below avg |
|---|---|
| Median Home Value | $104,300 ▼ 63% below avg |
| Home/Income Ratio | 1.8x (nat avg ~3.5x) |
| Median Rent | $936/mo |
| Total Housing Units | 721 |
| Vacant Units | 119 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Tatum is a city in New Mexico, located in Lea County. The city spans 1 ZIP code and is home to approximately 1,437 residents. It is a middle-aged city, with a median age of 39.9 years.
Economically, Tatum is a solidly middle-class community. The median household income of $58,750 is below the national average. Approximately 13.0% of residents live below the poverty line. The unemployment rate is 2.8%, below the national average.
The real estate market in Tatum is one of the more affordable housing markets in the country. Median home values stand at $104,300, which is well below the national average. Renters typically pay around $936 per month. Homeownership is high at 69.3%, typical of suburban and family-oriented communities.
The population of Tatum is moderately educated. 39.6% of adults hold a bachelor's degree or higher — near the national average. The community is majority White (53.1%).
Tatum, NM offers residents a cost-conscious lifestyle within New Mexico.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 88267 | 1,437 | $58,750 | $104,300 | $936 | 2.8% | 39.6% | 69.3% |