Living in Cedar Grove, New Mexico
Cost of living, income, home prices, rent and demographics of Cedar Grove · Census data 2020–2024
Cedar Grove has 901 residents with a median age of 67.4. The median household income is $63,261 (about the same as the New Mexico median), the median home value is $185,000.
Cedar Grove is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Cedar Grove at a glance
- Population
- 901
- Median age
- 67.4State: 39.4
- Median household income
- $63,261State: $64,059
- Median home value
- $185,000State: $248,100
- Homeowners
- 94.1%
- Bachelor's degree or higher
- 26.4%
- Average commute
- 45 min
Is Cedar Grove a good place to live?
Pros: Home values 25% lower than the state median; unemployment of 3.1%; a poverty rate of 11.2%.
Cons: Median household income about the same as the New Mexico median; an average commute of 45 minutes.
The weather is best in May–June and August–September.
Cost of living in Cedar Grove
Housing is the biggest part of the cost of living. In Cedar Grove the median home value is $185,000, 44% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $1,805 a month in housing costs.
Cedar Grove median household income
The median household income in Cedar Grove is $63,261 and the income per person is $34,252. 11.2% of residents live below the poverty line (New Mexico: 17.8%).
Housing in Cedar Grove: homes for sale and rent
- Housing units
- 547
- Owner-occupied
- 94.1%
- Renter-occupied
- 5.9%
- Vacant
- 10.1%Includes seasonal homes
- Median year built
- 1985
- Average household size
- 1.83
Cedar Grove demographics
- Population
- 901
- Median age
- 67.4
- Under 18
- 11.2%
- 65 and older
- 59.5%
- Households
- 492
- Foreign-born
- 0%
- Veterans
- 24.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Cedar Grove ›
Education in Cedar Grove
26.4% of adults 25 and older in Cedar Grove have a bachelor's degree or higher (New Mexico: 31%), and 17.6% have a graduate or professional degree.
Jobs and commute in Cedar Grove
- Unemployment rate
- 3.1%State: 6%
- Average commute
- 45 minState: 24 min
- Work from home
- 1.2%
- Drive alone
- 88.8%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 68.5%
Cedar Grove vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Cedar Grove | 901 | $63,261 | $185,000 | — |
| San Pedro | 172 | $140,568 | $365,000 | — |
| Edgewood | 6,124 | $84,761 | $306,400 | $1,114 |
| Thunder Mountain | 1,366 | $47,309 | $400,000 | — |
| Sandia Knolls | 1,445 | $91,827 | $293,900 | $1,107 |
| Sedillo | 565 | $112,009 | $475,900 | — |
| Barton | 1,302 | $81,723 | $323,700 | — |
| Paa-Ko | 743 | $230,804 | $714,700 | — |
| La Madera | 532 | $160,417 | $762,900 | — |
More for people moving to Cedar Grove
Cedar Grove ZIP code ›Weather and climate ›Living in Cedar Grove: FAQ
What is the median household income in Cedar Grove, NM?
The median household income in Cedar Grove is $63,261, about the same as 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 Cedar Grove?
The median home value in Cedar Grove is $185,000, compared with $248,100 in New Mexico.
Is Cedar Grove, NM a good place to live?
Pluses: home values 25% lower than the state median; unemployment of 3.1%; a poverty rate of 11.2%. Minuses: median household income about the same as the New Mexico median; an average commute of 45 minutes.
What is the median age in Cedar Grove?
The median age in Cedar Grove is 67.4 years (New Mexico: 39.4).
How long is the commute in Cedar Grove?
The average commute to work in Cedar Grove is 45 minutes; 1.2% of workers work from home.
What is the unemployment rate in Cedar Grove?
The unemployment rate in Cedar Grove is 3.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Cedar Grove?
26.4% of adults in Cedar Grove 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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