Living in Dexter, New Mexico
Cost of living, income, home prices, rent and demographics of Dexter · Census data 2020–2024
Dexter has 1,128 residents with a median age of 31.5. The median household income is $43,846 (32% lower than the New Mexico median), the median home value is $97,500, the median rent is $673/month.
Dexter is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Dexter at a glance
- Population
- 1,128
- Median age
- 31.5State: 39.4
- Median household income
- $43,846State: $64,059
- Median home value
- $97,500State: $248,100
- Median rent
- $673/moState: $1,067
- Homeowners
- 76.5%
- Bachelor's degree or higher
- 12.4%
- Average commute
- 15 min
Is Dexter a good place to live?
Pros: Home values 61% lower than the state median; an average commute of 15 minutes.
Cons: Median household income 32% lower than the New Mexico median; unemployment of 10.7%; a poverty rate of 41.3%.
The weather is best in March to May and October.
Cost of living in Dexter
Housing is the biggest part of the cost of living. In Dexter the median home value is $97,500, 71% lower than the U.S. median. Renters pay a median of $673 per month, which is 30.5% of household income. Homeowners with a mortgage pay $1,139 a month in housing costs.
Dexter median household income
The median household income in Dexter is $43,846 and the income per person is $19,200. 41.3% of residents live below the poverty line (New Mexico: 17.8%).
Housing in Dexter: homes for sale and rent
- Housing units
- 480
- Owner-occupied
- 76.5%
- Renter-occupied
- 23.5%
- Vacant
- 12.1%Includes seasonal homes
- Median year built
- 1988
- Average household size
- 2.67
Dexter demographics
- Population
- 1,128
- Median age
- 31.5
- Under 18
- 31.1%
- 65 and older
- 15.9%
- Households
- 422
- Foreign-born
- 22.6%
- Veterans
- 0%Adults 18+
Hispanic or Latino can be of any race. Population history of Dexter ›
Education in Dexter
12.4% of adults 25 and older in Dexter have a bachelor's degree or higher (New Mexico: 31%), and 4.2% have a graduate or professional degree.
Jobs and commute in Dexter
- Unemployment rate
- 10.7%State: 6%
- Average commute
- 15 minState: 24 min
- Work from home
- 0%
- Drive alone
- 87.7%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 83.4%
Dexter vs nearby towns
More for people moving to Dexter
Dexter ZIP code ›Weather and climate ›Living in Dexter: FAQ
What is the median household income in Dexter, NM?
The median household income in Dexter is $43,846, 32% 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 Dexter?
The median home value in Dexter is $97,500, compared with $248,100 in New Mexico.
How much is rent in Dexter?
The median gross rent in Dexter is $673 per month, about 30.5% of household income.
Is Dexter, NM a good place to live?
Pluses: home values 61% lower than the state median; an average commute of 15 minutes. Minuses: median household income 32% lower than the New Mexico median; unemployment of 10.7%; a poverty rate of 41.3%.
What is the median age in Dexter?
The median age in Dexter is 31.5 years (New Mexico: 39.4).
How long is the commute in Dexter?
The average commute to work in Dexter is 15 minutes; 0% of workers work from home.
What is the unemployment rate in Dexter?
The unemployment rate in Dexter is 10.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Dexter?
12.4% of adults in Dexter 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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