Living in Hagerman, New Mexico
Cost of living, income, home prices, rent and demographics of Hagerman · Census data 2020–2024
Hagerman has 849 residents with a median age of 39. The median household income is $64,674 (about the same as the New Mexico median), the median home value is $109,600, the median rent is $734/month.
Hagerman is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Hagerman at a glance
- Population
- 849
- Median age
- 39State: 39.4
- Median household income
- $64,674State: $64,059
- Median home value
- $109,600State: $248,100
- Median rent
- $734/moState: $1,067
- Homeowners
- 77.3%
- Bachelor's degree or higher
- 17.2%
- Average commute
- 32 min
Is Hagerman a good place to live?
Pros: Median household income about the same as the New Mexico median; home values 56% lower than the state median; a poverty rate of 14.4%.
Cons: An average commute of 32 minutes.
The weather is best in March to May and October.
Cost of living in Hagerman
Housing is the biggest part of the cost of living. In Hagerman the median home value is $109,600, 67% lower than the U.S. median. Renters pay a median of $734 per month, which is 25.3% of household income. Homeowners with a mortgage pay $1,353 a month in housing costs.
Hagerman median household income
The median household income in Hagerman is $64,674 and the income per person is $29,666. 14.4% of residents live below the poverty line (New Mexico: 17.8%).
Housing in Hagerman: homes for sale and rent
- Housing units
- 335
- Owner-occupied
- 77.3%
- Renter-occupied
- 22.7%
- Vacant
- 14.6%Includes seasonal homes
- Median year built
- 1966
- Average household size
- 2.97
Hagerman demographics
- Population
- 849
- Median age
- 39
- Under 18
- 21%
- 65 and older
- 14.6%
- Households
- 286
- Foreign-born
- 14%
- Veterans
- 3.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Hagerman ›
Education in Hagerman
17.2% of adults 25 and older in Hagerman have a bachelor's degree or higher (New Mexico: 31%), and 4.6% have a graduate or professional degree.
Jobs and commute in Hagerman
- Unemployment rate
- 0%State: 6%
- Average commute
- 32 minState: 24 min
- Work from home
- 9%
- Drive alone
- 78.4%
- Public transit
- 0%
- Walk to work
- 6.6%
- Homes with broadband
- 94.4%
Hagerman vs nearby towns
More for people moving to Hagerman
Hagerman ZIP code ›Weather and climate ›Living in Hagerman: FAQ
What is the median household income in Hagerman, NM?
The median household income in Hagerman is $64,674, about the same as 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 Hagerman?
The median home value in Hagerman is $109,600, compared with $248,100 in New Mexico.
How much is rent in Hagerman?
The median gross rent in Hagerman is $734 per month, about 25.3% of household income.
Is Hagerman, NM a good place to live?
Pluses: median household income about the same as the New Mexico median; home values 56% lower than the state median; a poverty rate of 14.4%. Minuses: an average commute of 32 minutes.
What is the median age in Hagerman?
The median age in Hagerman is 39 years (New Mexico: 39.4).
How long is the commute in Hagerman?
The average commute to work in Hagerman is 32 minutes; 9% of workers work from home.
What is the unemployment rate in Hagerman?
The unemployment rate in Hagerman is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Hagerman?
17.2% of adults in Hagerman 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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