Living in Cochiti Lake, New Mexico
Cost of living, income, home prices, rent and demographics of Cochiti Lake · Census data 2020–2024
Cochiti Lake has 476 residents with a median age of 65.2. The median household income is $57,375 (10% lower than the New Mexico median), the median home value is $255,300, the median rent is $1,429/month.
Cochiti Lake is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Cochiti Lake at a glance
- Population
- 476
- Median age
- 65.2State: 39.4
- Median household income
- $57,375State: $64,059
- Median home value
- $255,300State: $248,100
- Median rent
- $1,429/moState: $1,067
- Homeowners
- 91.9%
- Bachelor's degree or higher
- 52.2%
- Average commute
- 35 min
Is Cochiti Lake a good place to live?
Pros: Unemployment of 3%; a poverty rate of 11.1%.
Cons: Median household income 10% lower than the New Mexico median; home values about the same as the state median; an average commute of 35 minutes.
The weather is best in April–May and September–October.
Cost of living in Cochiti Lake
Housing is the biggest part of the cost of living. In Cochiti Lake the median home value is $255,300, 23% lower than the U.S. median. Renters pay a median of $1,429 per month, which is 22.5% of household income. Homeowners with a mortgage pay $1,104 a month in housing costs.
Cochiti Lake median household income
The median household income in Cochiti Lake is $57,375 and the income per person is $42,590. 11.1% of residents live below the poverty line (New Mexico: 17.8%).
Housing in Cochiti Lake: homes for sale and rent
- Housing units
- 305
- Owner-occupied
- 91.9%
- Renter-occupied
- 8.1%
- Vacant
- 10.5%Includes seasonal homes
- Median year built
- 1985
- Average household size
- 1.74
Cochiti Lake demographics
- Population
- 476
- Median age
- 65.2
- Under 18
- 12.2%
- 65 and older
- 50.2%
- Households
- 273
- Foreign-born
- 5.5%
- Veterans
- 10.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Cochiti Lake ›
Education in Cochiti Lake
52.2% of adults 25 and older in Cochiti Lake have a bachelor's degree or higher (New Mexico: 31%), and 28.7% have a graduate or professional degree.
Jobs and commute in Cochiti Lake
- Unemployment rate
- 3%State: 6%
- Average commute
- 35 minState: 24 min
- Work from home
- 25.2%
- Drive alone
- 60.7%
- Public transit
- 2.5%
- Walk to work
- 0%
- Homes with broadband
- 82.8%
Cochiti Lake vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Cochiti Lake | 476 | $57,375 | $255,300 | $1,429 |
| Cochiti | 680 | $85,548 | $250,000 | — |
| Peña Blanca | 568 | $71,250 | $222,100 | $99 |
| Santo Domingo Pueblo | 2,370 | $57,375 | $156,400 | — |
| White Rock | 5,716 | $156,639 | $500,700 | — |
| La Cienega | 3,543 | $85,250 | $517,100 | $1,139 |
| Valle Vista | 729 | $36,635 | $322,600 | $923 |
| Las Campanas | 2,119 | $204,922 | $1,545,800 | — |
| Tres Arroyos | 1,926 | $87,841 | $678,500 | — |
More for people moving to Cochiti Lake
Cochiti Lake ZIP code ›Weather and climate ›Living in Cochiti Lake: FAQ
What is the median household income in Cochiti Lake, NM?
The median household income in Cochiti Lake is $57,375, 10% lower 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 Cochiti Lake?
The median home value in Cochiti Lake is $255,300, compared with $248,100 in New Mexico.
How much is rent in Cochiti Lake?
The median gross rent in Cochiti Lake is $1,429 per month, about 22.5% of household income.
Is Cochiti Lake, NM a good place to live?
Pluses: unemployment of 3%; a poverty rate of 11.1%. Minuses: median household income 10% lower than the New Mexico median; home values about the same as the state median; an average commute of 35 minutes.
What is the median age in Cochiti Lake?
The median age in Cochiti Lake is 65.2 years (New Mexico: 39.4).
How long is the commute in Cochiti Lake?
The average commute to work in Cochiti Lake is 35 minutes; 25.2% of workers work from home.
What is the unemployment rate in Cochiti Lake?
The unemployment rate in Cochiti Lake is 3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Cochiti Lake?
52.2% of adults in Cochiti Lake 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.
Last updated: