Living in Cañoncito, New Mexico

Cost of living, income, home prices, rent and demographics of Cañoncito · Census data 2020–2024

Cañoncito has 1,253 residents with a median age of 58.3. The median household income is $78,220 (22% higher than the New Mexico median), the median home value is $387,900, the median rent is $3,011/month.

Cañoncito is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Cañoncito at a glance

Population
1,253
Median age
58.3State: 39.4
Median household income
$78,220State: $64,059
Median home value
$387,900State: $248,100
Median rent
$3,011/moState: $1,067
Homeowners
82.3%
Bachelor's degree or higher
41.5%
Average commute
30 min

Is Cañoncito a good place to live?

Pros: Median household income 22% higher than the New Mexico median; a poverty rate of 8.2%.

Cons: Home values 56% higher than the state median; an average commute of 30 minutes.

The weather is best in May–June and August–September.

Cost of living in Cañoncito

Housing is the biggest part of the cost of living. In Cañoncito the median home value is $387,900, 17% higher than the U.S. median. Renters pay a median of $3,011 per month, which is 51% of household income. Homeowners with a mortgage pay $1,714 a month in housing costs.

Median home value

Cañoncito$387,900
New Mexico$248,100
United States$332,700

Median monthly rent

Cañoncito$3,011
New Mexico$1,067
United States$1,413

Cañoncito median household income

The median household income in Cañoncito is $78,220 and the income per person is $44,102. 8.2% of residents live below the poverty line (New Mexico: 17.8%).

Median household income

Cañoncito$78,220
New Mexico$64,059
United States$80,734

Housing in Cañoncito: homes for sale and rent

Housing units
567
Owner-occupied
82.3%
Renter-occupied
17.7%
Vacant
6.5%Includes seasonal homes
Median year built
1985
Average household size
2.36

Cañoncito demographics

Population
1,253
Median age
58.3
Under 18
15.7%
65 and older
23.1%
Households
530
Foreign-born
2.3%
Veterans
5.7%Adults 18+

Race and ethnicity

White74.1%
Hispanic or Latino46.6%
Black0%
Asian0%

Hispanic or Latino can be of any race. Population history of Cañoncito ›

Education in Cañoncito

41.5% of adults 25 and older in Cañoncito have a bachelor's degree or higher (New Mexico: 31%), and 22.5% have a graduate or professional degree.

Bachelor's degree or higher

Cañoncito41.5%
New Mexico31%
United States35.7%

Jobs and commute in Cañoncito

Unemployment rate
0%State: 6%
Average commute
30 minState: 24 min
Work from home
46.2%
Drive alone
42.6%
Public transit
1%
Walk to work
0%
Homes with broadband
80.8%

Cañoncito vs nearby towns

TownPopulationMedian incomeHome valueRent
Cañoncito1,253$78,220$387,900$3,011
Cañada de los Alamos315$83,294$460,700—
Lamy294$68,235——
Eldorado at Santa Fe5,619$106,633$591,900$2,526
Sunlit Hills899$126,250$1,001,300$1,354
La Cueva778$109,299$418,500—
Seton Village101$123,750$680,600—
Santa Fe Foothills779$157,083$1,172,000—
Conejo555$111,908$1,005,600$2,160

More for people moving to Cañoncito

Cañoncito ZIP code ›Weather and climate ›

Living in Cañoncito: FAQ

What is the median household income in Cañoncito, NM?

The median household income in Cañoncito is $78,220, 22% 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 Cañoncito?

The median home value in Cañoncito is $387,900, compared with $248,100 in New Mexico.

How much is rent in Cañoncito?

The median gross rent in Cañoncito is $3,011 per month, about 51% of household income.

Is Cañoncito, NM a good place to live?

Pluses: median household income 22% higher than the New Mexico median; a poverty rate of 8.2%. Minuses: home values 56% higher than the state median; an average commute of 30 minutes.

What is the median age in Cañoncito?

The median age in Cañoncito is 58.3 years (New Mexico: 39.4).

How long is the commute in Cañoncito?

The average commute to work in Cañoncito is 30 minutes; 46.2% of workers work from home.

What is the unemployment rate in Cañoncito?

The unemployment rate in Cañoncito is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Cañoncito?

41.5% of adults in Cañoncito 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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