Living in Magdalena, New Mexico
Cost of living, income, home prices, rent and demographics of Magdalena · Census data 2020–2024
Magdalena has 976 residents with a median age of 62.8. The median home value is $99,500.
Magdalena is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Magdalena at a glance
- Population
- 976
- Median age
- 62.8State: 39.4
- Median home value
- $99,500State: $248,100
- Homeowners
- 92.6%
- Bachelor's degree or higher
- 0%
Is Magdalena a good place to live?
Pros: Home values 60% lower than the state median.
Cons: A poverty rate of 38.8%.
The weather is best in May–June and August–September.
Cost of living in Magdalena
Housing is the biggest part of the cost of living. In Magdalena the median home value is $99,500, 70% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay — a month in housing costs.
Housing in Magdalena: homes for sale and rent
- Housing units
- 819
- Owner-occupied
- 92.6%
- Renter-occupied
- 7.4%
- Vacant
- 22.1%Includes seasonal homes
- Median year built
- 1962
- Average household size
- 1.53
Magdalena demographics
- Population
- 976
- Median age
- 62.8
- Under 18
- 0%
- 65 and older
- 47.4%
- Households
- 638
- Foreign-born
- 0%
- Veterans
- 4.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Magdalena ›
Education in Magdalena
0% of adults 25 and older in Magdalena have a bachelor's degree or higher (New Mexico: 31%), and 0% have a graduate or professional degree.
Jobs and commute in Magdalena
- Unemployment rate
- 0%State: 6%
- Average commute
- —State: 24 min
- Work from home
- 48.8%
- Drive alone
- 44.8%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 44.8%
Magdalena vs nearby towns
More for people moving to Magdalena
Magdalena ZIP code ›Weather and climate ›Living in Magdalena: FAQ
What is the average home price in Magdalena?
The median home value in Magdalena is $99,500, compared with $248,100 in New Mexico.
Is Magdalena, NM a good place to live?
Pluses: home values 60% lower than the state median. Minuses: a poverty rate of 38.8%.
What is the median age in Magdalena?
The median age in Magdalena is 62.8 years (New Mexico: 39.4).
What is the unemployment rate in Magdalena?
The unemployment rate in Magdalena is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Magdalena?
0% of adults in Magdalena 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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