Living in Estancia, New Mexico
Cost of living, income, home prices, rent and demographics of Estancia · Census data 2020–2024
Estancia has 1,432 residents with a median age of 48.3. The median household income is $53,846 (16% lower than the New Mexico median), the median home value is $99,000, the median rent is $843/month.
Estancia is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Estancia at a glance
- Population
- 1,432
- Median age
- 48.3State: 39.4
- Median household income
- $53,846State: $64,059
- Median home value
- $99,000State: $248,100
- Median rent
- $843/moState: $1,067
- Homeowners
- 72.3%
- Bachelor's degree or higher
- 8.4%
- Average commute
- 28 min
Is Estancia a good place to live?
Pros: Home values 60% lower than the state median.
Cons: Median household income 16% lower than the New Mexico median; an average commute of 28 minutes; unemployment of 39.2%; a poverty rate of 22.6%.
The weather is best in April–May and September–October.
Cost of living in Estancia
Housing is the biggest part of the cost of living. In Estancia the median home value is $99,000, 70% lower than the U.S. median. Renters pay a median of $843 per month, which is 26.8% of household income. Homeowners with a mortgage pay $1,023 a month in housing costs.
Estancia median household income
The median household income in Estancia is $53,846 and the income per person is $24,717. 22.6% of residents live below the poverty line (New Mexico: 17.8%).
Housing in Estancia: homes for sale and rent
- Housing units
- 606
- Owner-occupied
- 72.3%
- Renter-occupied
- 27.7%
- Vacant
- 14.2%Includes seasonal homes
- Median year built
- 1959
- Average household size
- 2.56
Estancia demographics
- Population
- 1,432
- Median age
- 48.3
- Under 18
- 16.7%
- 65 and older
- 22.6%
- Households
- 520
- Foreign-born
- 8.3%
- Veterans
- 8.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Estancia ›
Education in Estancia
8.4% of adults 25 and older in Estancia have a bachelor's degree or higher (New Mexico: 31%), and 3.6% have a graduate or professional degree.
Jobs and commute in Estancia
- Unemployment rate
- 39.2%State: 6%
- Average commute
- 28 minState: 24 min
- Work from home
- 7.8%
- Drive alone
- 58.1%
- Public transit
- 0%
- Walk to work
- 3%
- Homes with broadband
- 71.2%
Estancia vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Estancia | 1,432 | $53,846 | $99,000 | $843 |
| McIntosh | 1,943 | $56,566 | $168,500 | — |
| Willard | 248 | $63,125 | $98,500 | — |
| Indian Hills | 622 | $42,222 | $143,800 | — |
| Moriarty | 2,102 | $31,650 | $108,500 | $743 |
| Mountainair | 1,178 | $43,021 | $95,300 | $832 |
| Ponderosa Pine | 1,442 | $87,361 | $313,700 | — |
| Barton | 1,302 | $81,723 | $323,700 | — |
| Cedro | 372 | $121,766 | $362,800 | — |
More for people moving to Estancia
Estancia ZIP code ›Weather and climate ›Living in Estancia: FAQ
What is the median household income in Estancia, NM?
The median household income in Estancia is $53,846, 16% 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 Estancia?
The median home value in Estancia is $99,000, compared with $248,100 in New Mexico.
How much is rent in Estancia?
The median gross rent in Estancia is $843 per month, about 26.8% of household income.
Is Estancia, NM a good place to live?
Pluses: home values 60% lower than the state median. Minuses: median household income 16% lower than the New Mexico median; an average commute of 28 minutes; unemployment of 39.2%; a poverty rate of 22.6%.
What is the median age in Estancia?
The median age in Estancia is 48.3 years (New Mexico: 39.4).
How long is the commute in Estancia?
The average commute to work in Estancia is 28 minutes; 7.8% of workers work from home.
What is the unemployment rate in Estancia?
The unemployment rate in Estancia is 39.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Estancia?
8.4% of adults in Estancia 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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