Living in Las Maravillas, New Mexico
Cost of living, income, home prices, rent and demographics of Las Maravillas · Census data 2020–2024
Las Maravillas has 1,594 residents with a median age of 30.7. The median household income is $63,375 (about the same as the New Mexico median), the median home value is $230,000.
Las Maravillas at a glance
- Population
- 1,594
- Median age
- 30.7State: 39.4
- Median household income
- $63,375State: $64,059
- Median home value
- $230,000State: $248,100
- Homeowners
- 93.6%
- Bachelor's degree or higher
- 25.4%
- Average commute
- 37 min
Is Las Maravillas a good place to live?
Pros: Home values 7% lower than the state median; unemployment of 3.4%; a poverty rate of 9.7%.
Cons: Median household income about the same as the New Mexico median; an average commute of 37 minutes.
The weather is best in April–May and September–October.
Cost of living in Las Maravillas
Housing is the biggest part of the cost of living. In Las Maravillas the median home value is $230,000, 31% lower than the U.S. median. Renters pay a median of — per month, which is 29.2% of household income. Homeowners with a mortgage pay $1,245 a month in housing costs.
Las Maravillas median household income
The median household income in Las Maravillas is $63,375 and the income per person is $34,233. 9.7% of residents live below the poverty line (New Mexico: 17.8%).
Housing in Las Maravillas: homes for sale and rent
- Housing units
- 528
- Owner-occupied
- 93.6%
- Renter-occupied
- 6.4%
- Vacant
- 0%Includes seasonal homes
- Median year built
- 1997
- Average household size
- 3.02
Las Maravillas demographics
- Population
- 1,594
- Median age
- 30.7
- Under 18
- 31.7%
- 65 and older
- 8%
- Households
- 528
- Foreign-born
- 1.1%
- Veterans
- 9%Adults 18+
Hispanic or Latino can be of any race. Population history of Las Maravillas ›
Education in Las Maravillas
25.4% of adults 25 and older in Las Maravillas have a bachelor's degree or higher (New Mexico: 31%), and 13.2% have a graduate or professional degree.
Jobs and commute in Las Maravillas
- Unemployment rate
- 3.4%State: 6%
- Average commute
- 37 minState: 24 min
- Work from home
- 8.3%
- Drive alone
- 83.7%
- Public transit
- 0.7%
- Walk to work
- 2.6%
- Homes with broadband
- 87.7%
Las Maravillas vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Las Maravillas | 1,594 | $63,375 | $230,000 | — |
| Monterey Park | 667 | $28,162 | $56,300 | — |
| El Cerro Mission | 5,323 | $49,470 | $115,300 | — |
| Tome | 1,723 | $85,448 | $269,300 | $1,385 |
| El Cerro | 2,923 | $106,136 | $311,500 | $723 |
| Adelino | 686 | $110,391 | $222,000 | — |
| Valencia | 2,406 | $55,170 | $262,900 | $668 |
| Los Chaves | 4,838 | $79,662 | $285,700 | $833 |
| Sausal | 602 | $65,071 | $254,800 | — |
More for people moving to Las Maravillas
Las Maravillas ZIP code ›Weather and climate ›Living in Las Maravillas: FAQ
What is the median household income in Las Maravillas, NM?
The median household income in Las Maravillas is $63,375, 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 Las Maravillas?
The median home value in Las Maravillas is $230,000, compared with $248,100 in New Mexico.
Is Las Maravillas, NM a good place to live?
Pluses: home values 7% lower than the state median; unemployment of 3.4%; a poverty rate of 9.7%. Minuses: median household income about the same as the New Mexico median; an average commute of 37 minutes.
What is the median age in Las Maravillas?
The median age in Las Maravillas is 30.7 years (New Mexico: 39.4).
How long is the commute in Las Maravillas?
The average commute to work in Las Maravillas is 37 minutes; 8.3% of workers work from home.
What is the unemployment rate in Las Maravillas?
The unemployment rate in Las Maravillas is 3.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Las Maravillas?
25.4% of adults in Las Maravillas 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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