Living in La Madera, New Mexico
Cost of living, income, home prices, rent and demographics of La Madera · Census data 2020–2024
La Madera has 532 residents with a median age of 60.3. The median household income is $160,417 (150% higher than the New Mexico median), the median home value is $762,900.
La Madera is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
La Madera at a glance
- Population
- 532
- Median age
- 60.3State: 39.4
- Median household income
- $160,417State: $64,059
- Median home value
- $762,900State: $248,100
- Homeowners
- 90.7%
- Bachelor's degree or higher
- 75.9%
- Average commute
- 45 min
Is La Madera a good place to live?
Pros: Median household income 150% higher than the New Mexico median; a poverty rate of 16.4%.
Cons: Home values 207% higher than the state median; an average commute of 45 minutes.
The weather is best in May–June and August–September.
Cost of living in La Madera
Housing is the biggest part of the cost of living. In La Madera the median home value is $762,900, 129% higher than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $2,787 a month in housing costs.
La Madera median household income
The median household income in La Madera is $160,417 and the income per person is $71,219. 16.4% of residents live below the poverty line (New Mexico: 17.8%).
Housing in La Madera: homes for sale and rent
- Housing units
- 259
- Owner-occupied
- 90.7%
- Renter-occupied
- 9.3%
- Vacant
- 0%Includes seasonal homes
- Median year built
- 2005
- Average household size
- 2.05
La Madera demographics
- Population
- 532
- Median age
- 60.3
- Under 18
- 3.6%
- 65 and older
- 40.8%
- Households
- 259
- Foreign-born
- 6.2%
- Veterans
- 16.6%Adults 18+
Hispanic or Latino can be of any race. Population history of La Madera ›
Education in La Madera
75.9% of adults 25 and older in La Madera have a bachelor's degree or higher (New Mexico: 31%), and 37.8% have a graduate or professional degree.
Jobs and commute in La Madera
- Unemployment rate
- 0%State: 6%
- Average commute
- 45 minState: 24 min
- Work from home
- 24.4%
- Drive alone
- 75.6%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 100%
La Madera vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| La Madera | 532 | $160,417 | $762,900 | — |
| Paa-Ko | 743 | $230,804 | $714,700 | — |
| Sandia Park | 333 | $123,750 | $390,800 | — |
| San Antonito | 688 | $51,898 | $370,700 | — |
| Sandia Knolls | 1,445 | $91,827 | $293,900 | $1,107 |
| San Pedro | 172 | $140,568 | $365,000 | — |
| Placitas | 4,223 | $109,750 | $562,100 | $2,717 |
| Edgewood | 6,124 | $84,761 | $306,400 | $1,114 |
| Sandia Heights | 3,160 | $143,646 | $670,100 | $3,050 |
More for people moving to La Madera
La Madera ZIP code ›Weather and climate ›Living in La Madera: FAQ
What is the median household income in La Madera, NM?
The median household income in La Madera is $160,417, 150% higher 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 La Madera?
The median home value in La Madera is $762,900, compared with $248,100 in New Mexico.
Is La Madera, NM a good place to live?
Pluses: median household income 150% higher than the New Mexico median; a poverty rate of 16.4%. Minuses: home values 207% higher than the state median; an average commute of 45 minutes.
What is the median age in La Madera?
The median age in La Madera is 60.3 years (New Mexico: 39.4).
How long is the commute in La Madera?
The average commute to work in La Madera is 45 minutes; 24.4% of workers work from home.
What is the unemployment rate in La Madera?
The unemployment rate in La Madera is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is La Madera?
75.9% of adults in La Madera 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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