Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 33.9 yrs |
|---|---|
| Avg HH Size | 2.55 |
| Below Poverty | 9.6% ≈ Avg |
| College Grads | 58.0% ▲ 50% above avg |
| HS Graduate | 220 (26%) |
| Associates | 135 (16%) |
| Bachelors | 62 (7.3%) |
| Graduate Degree | 429 (50.7%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $154,618 ▲ 103% above avg |
|---|---|
| Median Home Value | $328,200 ▲ 18% above avg |
| Home/Income Ratio | 2.1x (nat avg ~3.5x) |
| Total Housing Units | 598 |
| Vacant Units | 205 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Velarde is a city in New Mexico, located in Rio Arriba County. The city spans 1 ZIP code and is home to approximately 1,003 residents. It is a relatively young city, with a median age of 33.9 years.
Economically, Velarde is a affluent community. The median household income of $154,618 is more than double the national average. Approximately 9.6% of residents live below the poverty line.
The real estate market in Velarde is a mid-range housing market. Median home values stand at $328,200, which is above the national average. Homeownership is high at 61.3%, typical of suburban and family-oriented communities.
The population of Velarde is well-educated. 58.0% of adults hold a bachelor's degree or higher — above the national average. The community is primarily Hispanic (100%).
Velarde, NM offers residents above-average earning potential within New Mexico.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 87582 | 1,003 | $154,618 | $328,200 | — | 0.0% | 58.0% | 61.3% |