Living in Corona, New Mexico

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

Corona has 168 residents with a median age of 29.6. The median home value is $88,300.

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

Corona at a glance

Population
168
Median age
29.6State: 39.4
Median home value
$88,300State: $248,100
Homeowners
70.6%
Bachelor's degree or higher
19%
Average commute
23 min

Is Corona a good place to live?

Pros: Home values 64% lower than the state median; an average commute of 23 minutes.

Cons: A poverty rate of 20.8%.

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

Cost of living in Corona

Housing is the biggest part of the cost of living. In Corona the median home value is $88,300, 73% lower 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

Corona$88,300
New Mexico$248,100
United States$332,700

Median monthly rent

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

Housing in Corona: homes for sale and rent

Housing units
129
Owner-occupied
70.6%
Renter-occupied
29.4%
Vacant
34.1%Includes seasonal homes
Median year built
1953
Average household size
1.98

34.1% of homes are vacant most of the year, a sign that Corona has many vacation and second homes.

Corona demographics

Population
168
Median age
29.6
Under 18
28%
65 and older
27.4%
Households
85
Foreign-born
0%
Veterans
4.1%Adults 18+

Race and ethnicity

White83.9%
Hispanic or Latino12.5%
Black3.6%
Asian0%

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

Education in Corona

19% of adults 25 and older in Corona have a bachelor's degree or higher (New Mexico: 31%), and 12.4% have a graduate or professional degree.

Bachelor's degree or higher

Corona19%
New Mexico31%
United States35.7%

Jobs and commute in Corona

Unemployment rate
0%State: 6%
Average commute
23 minState: 24 min
Work from home
44.9%
Drive alone
27.5%
Public transit
0%
Walk to work
0%
Homes with broadband
89.4%

Corona vs nearby towns

TownPopulationMedian incomeHome valueRent
Corona168—$88,300—
Vaughn493$29,135$34,300$437
Willard248$63,125$98,500—
Mountainair1,178$43,021$95,300$832
Estancia1,432$53,846$99,000$843
Carrizozo854$27,344$84,700$611
Capitan1,191$52,864$111,700—

More for people moving to Corona

Corona ZIP code ›Weather and climate ›

Living in Corona: FAQ

What is the average home price in Corona?

The median home value in Corona is $88,300, compared with $248,100 in New Mexico.

Is Corona, NM a good place to live?

Pluses: home values 64% lower than the state median; an average commute of 23 minutes. Minuses: a poverty rate of 20.8%.

What is the median age in Corona?

The median age in Corona is 29.6 years (New Mexico: 39.4).

How long is the commute in Corona?

The average commute to work in Corona is 23 minutes; 44.9% of workers work from home.

What is the unemployment rate in Corona?

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

How educated is Corona?

19% of adults in Corona 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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