Living in Lee Acres, New Mexico
Cost of living, income, home prices, rent and demographics of Lee Acres · Census data 2020–2024
Lee Acres has 4,272 residents with a median age of 34.6. The median household income is $44,583 (30% lower than the New Mexico median), the median home value is $187,400, the median rent is $1,077/month.
Lee Acres at a glance
- Population
- 4,272
- Median age
- 34.6State: 39.4
- Median household income
- $44,583State: $64,059
- Median home value
- $187,400State: $248,100
- Median rent
- $1,077/moState: $1,067
- Homeowners
- 74.4%
- Bachelor's degree or higher
- 13.2%
- Average commute
- 20 min
Is Lee Acres a good place to live?
Pros: Home values 24% lower than the state median; an average commute of 20 minutes.
Cons: Median household income 30% lower than the New Mexico median; unemployment of 15.2%; a poverty rate of 30%.
The weather is best in April–May and September–October.
Cost of living in Lee Acres
Housing is the biggest part of the cost of living. In Lee Acres the median home value is $187,400, 44% lower than the U.S. median. Renters pay a median of $1,077 per month, which is 36.3% of household income. Homeowners with a mortgage pay $1,726 a month in housing costs.
Lee Acres median household income
The median household income in Lee Acres is $44,583 and the income per person is $24,188. 30% of residents live below the poverty line (New Mexico: 17.8%).
Housing in Lee Acres: homes for sale and rent
- Housing units
- 1,678
- Owner-occupied
- 74.4%
- Renter-occupied
- 25.6%
- Vacant
- 11%Includes seasonal homes
- Median year built
- 1992
- Average household size
- 2.86
Lee Acres demographics
- Population
- 4,272
- Median age
- 34.6
- Under 18
- 29.9%
- 65 and older
- 22.5%
- Households
- 1,494
- Foreign-born
- 4.9%
- Veterans
- 6%Adults 18+
Hispanic or Latino can be of any race. Population history of Lee Acres ›
Education in Lee Acres
13.2% of adults 25 and older in Lee Acres have a bachelor's degree or higher (New Mexico: 31%), and 4.3% have a graduate or professional degree.
Jobs and commute in Lee Acres
- Unemployment rate
- 15.2%State: 6%
- Average commute
- 20 minState: 24 min
- Work from home
- 20.5%
- Drive alone
- 72.2%
- Public transit
- 0%
- Walk to work
- 0.8%
- Homes with broadband
- 73.4%
Lee Acres vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Lee Acres | 4,272 | $44,583 | $187,400 | $1,077 |
| West Hammond | 2,236 | $48,929 | $209,300 | $1,208 |
| Crouch Mesa | 4,812 | $63,750 | $89,200 | $1,040 |
| Bloomfield | 7,395 | $48,472 | $161,200 | $984 |
| South River | 1,810 | $68,668 | $260,100 | — |
| Flora Vista | 2,770 | $44,352 | $219,300 | $1,495 |
| Farmington | 46,314 | $68,784 | $233,000 | $1,037 |
| Angustura | 1,997 | $53,750 | $170,400 | $1,175 |
| Sullivan | 463 | $100,658 | $316,700 | — |
More for people moving to Lee Acres
Lee Acres ZIP code ›Weather and climate ›Living in Lee Acres: FAQ
What is the median household income in Lee Acres, NM?
The median household income in Lee Acres is $44,583, 30% 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 Lee Acres?
The median home value in Lee Acres is $187,400, compared with $248,100 in New Mexico.
How much is rent in Lee Acres?
The median gross rent in Lee Acres is $1,077 per month, about 36.3% of household income.
Is Lee Acres, NM a good place to live?
Pluses: home values 24% lower than the state median; an average commute of 20 minutes. Minuses: median household income 30% lower than the New Mexico median; unemployment of 15.2%; a poverty rate of 30%.
What is the median age in Lee Acres?
The median age in Lee Acres is 34.6 years (New Mexico: 39.4).
How long is the commute in Lee Acres?
The average commute to work in Lee Acres is 20 minutes; 20.5% of workers work from home.
What is the unemployment rate in Lee Acres?
The unemployment rate in Lee Acres is 15.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Lee Acres?
13.2% of adults in Lee Acres 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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