Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 45.3 yrs |
|---|---|
| Avg HH Size | 2.72 |
| Below Poverty | 39.2% ▲ 292% above avg |
| College Grads | 28.5% ▼ 26% below avg |
| Unemployment | 12.1% ▲ 146% above avg |
| No HS Diploma | 44 (2.2%) |
| HS Graduate | 789 (39.9%) |
| Some College | 191 (9.7%) |
| Associates | 391 (19.8%) |
| Bachelors | 102 (5.2%) |
| Graduate Degree | 462 (23.3%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $45,156 ▼ 41% below avg |
|---|---|
| Median Home Value | $102,700 ▼ 63% below avg |
| Home/Income Ratio | 2.3x (nat avg ~3.5x) |
| Median Rent | $620/mo |
| Total Housing Units | 2,055 |
| Vacant Units | 693 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Thoreau is a city in New Mexico, located in McKinley County. The city spans 1 ZIP code and is home to approximately 3,702 residents. It is a mature city, with a median age of 45.3 years.
Economically, Thoreau is a working-class community. The median household income of $45,156 is below the national average. Approximately 39.2% of residents live below the poverty line. The unemployment rate is 12.1%, more than double the national average.
The real estate market in Thoreau is one of the more affordable housing markets in the country. Median home values stand at $102,700, which is well below the national average. Renters typically pay around $620 per month. Homeownership is high at 94.8%, typical of suburban and family-oriented communities.
The population of Thoreau is moderately educated. 28.5% of adults hold a bachelor's degree or higher — below the national average. The community is racially diverse, with White as the largest group at 21.0%.
Thoreau, NM offers residents a cost-conscious lifestyle within New Mexico.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 87323 | 3,702 | $45,156 | $102,700 | $620 | 12.1% | 28.5% | 94.8% |