Living in Cedro, New Mexico

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

Cedro has 372 residents with a median age of 51.3. The median household income is $121,766 (90% higher than the New Mexico median), the median home value is $362,800.

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

Cedro at a glance

Population
372
Median age
51.3State: 39.4
Median household income
$121,766State: $64,059
Median home value
$362,800State: $248,100
Homeowners
85.7%
Bachelor's degree or higher
69.3%
Average commute
31 min

Is Cedro a good place to live?

Pros: Median household income 90% higher than the New Mexico median; a poverty rate of 3.8%.

Cons: Home values 46% higher than the state median; an average commute of 31 minutes; unemployment of 6.3%.

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

Cost of living in Cedro

Housing is the biggest part of the cost of living. In Cedro the median home value is $362,800, 9% higher than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay — a month in housing costs.

Median home value

Cedro$362,800
New Mexico$248,100
United States$332,700

Median monthly rent

New Mexico$1,067
United States$1,413

Cedro median household income

The median household income in Cedro is $121,766 and the income per person is $66,934. 3.8% of residents live below the poverty line (New Mexico: 17.8%).

Median household income

Cedro$121,766
New Mexico$64,059
United States$80,734

Housing in Cedro: homes for sale and rent

Housing units
189
Owner-occupied
85.7%
Renter-occupied
14.3%
Vacant
0%Includes seasonal homes
Median year built
1995
Average household size
1.97

Cedro demographics

Population
372
Median age
51.3
Under 18
13.2%
65 and older
4.3%
Households
189
Foreign-born
9.1%
Veterans
19.8%Adults 18+

Race and ethnicity

White69.1%
Hispanic or Latino30.6%
Black0%
Asian9.1%

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

Education in Cedro

69.3% of adults 25 and older in Cedro have a bachelor's degree or higher (New Mexico: 31%), and 28.1% have a graduate or professional degree.

Bachelor's degree or higher

Cedro69.3%
New Mexico31%
United States35.7%

Jobs and commute in Cedro

Unemployment rate
6.3%State: 6%
Average commute
31 minState: 24 min
Work from home
32.5%
Drive alone
51.2%
Public transit
0%
Walk to work
0%
Homes with broadband
100%

Cedro vs nearby towns

TownPopulationMedian incomeHome valueRent
Cedro372$121,766$362,800—
Ponderosa Pine1,442$87,361$313,700—
Tijeras524$78,173$260,600$775
Sedillo565$112,009$475,900—
Barton1,302$81,723$323,700—
Carnuel877$98,988$294,600—
Thunder Mountain1,366$47,309$400,000—
San Antonito688$51,898$370,700—
Sandia Park333$123,750$390,800—

More for people moving to Cedro

Cedro ZIP code ›Weather and climate ›

Living in Cedro: FAQ

What is the median household income in Cedro, NM?

The median household income in Cedro is $121,766, 90% 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 Cedro?

The median home value in Cedro is $362,800, compared with $248,100 in New Mexico.

Is Cedro, NM a good place to live?

Pluses: median household income 90% higher than the New Mexico median; a poverty rate of 3.8%. Minuses: home values 46% higher than the state median; an average commute of 31 minutes; unemployment of 6.3%.

What is the median age in Cedro?

The median age in Cedro is 51.3 years (New Mexico: 39.4).

How long is the commute in Cedro?

The average commute to work in Cedro is 31 minutes; 32.5% of workers work from home.

What is the unemployment rate in Cedro?

The unemployment rate in Cedro is 6.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Cedro?

69.3% of adults in Cedro 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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