Living in La Plata, New Mexico
Cost of living, income, home prices, rent and demographics of La Plata · Census data 2020–2024
La Plata has 2,233 residents with a median age of 45.3. The median household income is $57,071 (11% lower than the New Mexico median), the median home value is $210,000, the median rent is $938/month.
La Plata at a glance
- Population
- 2,233
- Median age
- 45.3State: 39.4
- Median household income
- $57,071State: $64,059
- Median home value
- $210,000State: $248,100
- Median rent
- $938/moState: $1,067
- Homeowners
- 82.9%
- Bachelor's degree or higher
- 15.4%
- Average commute
- 24 min
Is La Plata a good place to live?
Pros: Home values 15% lower than the state median; an average commute of 24 minutes.
Cons: Median household income 11% lower than the New Mexico median; unemployment of 8.5%; a poverty rate of 35.7%.
The weather is best in April–May and September–October.
Cost of living in La Plata
Housing is the biggest part of the cost of living. In La Plata the median home value is $210,000, 37% lower than the U.S. median. Renters pay a median of $938 per month, which is 25.6% of household income. Homeowners with a mortgage pay $1,317 a month in housing costs.
La Plata median household income
The median household income in La Plata is $57,071 and the income per person is $28,741. 35.7% of residents live below the poverty line (New Mexico: 17.8%).
Housing in La Plata: homes for sale and rent
- Housing units
- 908
- Owner-occupied
- 82.9%
- Renter-occupied
- 17.1%
- Vacant
- 10.4%Includes seasonal homes
- Median year built
- 1990
- Average household size
- 2.74
La Plata demographics
- Population
- 2,233
- Median age
- 45.3
- Under 18
- 19%
- 65 and older
- 25.6%
- Households
- 814
- Foreign-born
- 4%
- Veterans
- 8.3%Adults 18+
Hispanic or Latino can be of any race. Population history of La Plata ›
Education in La Plata
15.4% of adults 25 and older in La Plata have a bachelor's degree or higher (New Mexico: 31%), and 7.9% have a graduate or professional degree.
Jobs and commute in La Plata
- Unemployment rate
- 8.5%State: 6%
- Average commute
- 24 minState: 24 min
- Work from home
- 3.4%
- Drive alone
- 81.5%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 75.8%
La Plata vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| La Plata | 2,233 | $57,071 | $210,000 | $938 |
| Flora Vista | 2,770 | $44,352 | $219,300 | $1,495 |
| Spencerville | 1,264 | $78,899 | $255,000 | $1,301 |
| Farmington | 46,314 | $68,784 | $233,000 | $1,037 |
| South River | 1,810 | $68,668 | $260,100 | — |
| Crouch Mesa | 4,812 | $63,750 | $89,200 | $1,040 |
| Kirtland | 465 | $100,000 | $291,300 | $920 |
| Center Point | 2,286 | $51,358 | $193,000 | $1,396 |
| Aztec | 6,150 | $41,977 | $175,000 | $629 |
More for people moving to La Plata
La Plata ZIP code ›Weather and climate ›Living in La Plata: FAQ
What is the median household income in La Plata, NM?
The median household income in La Plata is $57,071, 11% 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 La Plata?
The median home value in La Plata is $210,000, compared with $248,100 in New Mexico.
How much is rent in La Plata?
The median gross rent in La Plata is $938 per month, about 25.6% of household income.
Is La Plata, NM a good place to live?
Pluses: home values 15% lower than the state median; an average commute of 24 minutes. Minuses: median household income 11% lower than the New Mexico median; unemployment of 8.5%; a poverty rate of 35.7%.
What is the median age in La Plata?
The median age in La Plata is 45.3 years (New Mexico: 39.4).
How long is the commute in La Plata?
The average commute to work in La Plata is 24 minutes; 3.4% of workers work from home.
What is the unemployment rate in La Plata?
The unemployment rate in La Plata is 8.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is La Plata?
15.4% of adults in La Plata 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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