Living in Bosque Farms, New Mexico
Cost of living, income, home prices, rent and demographics of Bosque Farms · Census data 2020–2024
Bosque Farms has 4,071 residents with a median age of 47.3. The median household income is $82,188 (28% higher than the New Mexico median), the median home value is $293,100, the median rent is $897/month.
Bosque Farms at a glance
- Population
- 4,071
- Median age
- 47.3State: 39.4
- Median household income
- $82,188State: $64,059
- Median home value
- $293,100State: $248,100
- Median rent
- $897/moState: $1,067
- Homeowners
- 89.1%
- Bachelor's degree or higher
- 33.2%
- Average commute
- 29 min
Is Bosque Farms a good place to live?
Pros: Median household income 28% higher than the New Mexico median; unemployment of 5.9%; a poverty rate of 17%.
Cons: Home values 18% higher than the state median; an average commute of 29 minutes.
The weather is best in April–May and September–October.
Cost of living in Bosque Farms
Housing is the biggest part of the cost of living. In Bosque Farms the median home value is $293,100, 12% lower than the U.S. median. Renters pay a median of $897 per month, which is 36.9% of household income. Homeowners with a mortgage pay $1,834 a month in housing costs.
Bosque Farms median household income
The median household income in Bosque Farms is $82,188 and the income per person is $41,405. 17% of residents live below the poverty line (New Mexico: 17.8%).
Housing in Bosque Farms: homes for sale and rent
- Housing units
- 1,719
- Owner-occupied
- 89.1%
- Renter-occupied
- 10.9%
- Vacant
- 6%Includes seasonal homes
- Median year built
- 1979
- Average household size
- 2.52
Bosque Farms demographics
- Population
- 4,071
- Median age
- 47.3
- Under 18
- 17.8%
- 65 and older
- 22.3%
- Households
- 1,616
- Foreign-born
- 2.4%
- Veterans
- 9.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Bosque Farms ›
Education in Bosque Farms
33.2% of adults 25 and older in Bosque Farms have a bachelor's degree or higher (New Mexico: 31%), and 8.5% have a graduate or professional degree.
Jobs and commute in Bosque Farms
- Unemployment rate
- 5.9%State: 6%
- Average commute
- 29 minState: 24 min
- Work from home
- 18.3%
- Drive alone
- 64.8%
- Public transit
- 0%
- Walk to work
- 0.8%
- Homes with broadband
- 94.6%
Bosque Farms vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Bosque Farms | 4,071 | $82,188 | $293,100 | $897 |
| Peralta | 3,404 | $73,131 | $299,200 | $1,246 |
| Chical | 141 | $85,714 | $334,000 | — |
| Valencia | 2,406 | $55,170 | $262,900 | $668 |
| El Cerro | 2,923 | $106,136 | $311,500 | $723 |
| Los Lunas | 18,618 | $62,330 | $262,900 | $1,110 |
| El Cerro Mission | 5,323 | $49,470 | $115,300 | — |
| Monterey Park | 667 | $28,162 | $56,300 | — |
| Tome | 1,723 | $85,448 | $269,300 | $1,385 |
More for people moving to Bosque Farms
Bosque Farms ZIP code ›Weather and climate ›Living in Bosque Farms: FAQ
What is the median household income in Bosque Farms, NM?
The median household income in Bosque Farms is $82,188, 28% higher than the New Mexico median of $64,059 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Bosque Farms?
The median home value in Bosque Farms is $293,100, compared with $248,100 in New Mexico.
How much is rent in Bosque Farms?
The median gross rent in Bosque Farms is $897 per month, about 36.9% of household income.
Is Bosque Farms, NM a good place to live?
Pluses: median household income 28% higher than the New Mexico median; unemployment of 5.9%; a poverty rate of 17%. Minuses: home values 18% higher than the state median; an average commute of 29 minutes.
What is the median age in Bosque Farms?
The median age in Bosque Farms is 47.3 years (New Mexico: 39.4).
How long is the commute in Bosque Farms?
The average commute to work in Bosque Farms is 29 minutes; 18.3% of workers work from home.
What is the unemployment rate in Bosque Farms?
The unemployment rate in Bosque Farms is 5.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Bosque Farms?
33.2% of adults in Bosque Farms have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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