Living in Mora, New Mexico
Cost of living, income, home prices, rent and demographics of Mora · Census data 2020–2024
Mora has 520 residents with a median age of 56.1. The median household income is $72,218 (13% higher than the New Mexico median), the median home value is $172,200.
Mora is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Mora at a glance
- Population
- 520
- Median age
- 56.1State: 39.4
- Median household income
- $72,218State: $64,059
- Median home value
- $172,200State: $248,100
- Homeowners
- 71.5%
- Bachelor's degree or higher
- 60.6%
Is Mora a good place to live?
Pros: Median household income 13% higher than the New Mexico median; home values 31% lower than the state median; a poverty rate of 8.8%.
The weather is best in June to September.
Cost of living in Mora
Housing is the biggest part of the cost of living. In Mora the median home value is $172,200, 48% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay — a month in housing costs.
Mora median household income
The median household income in Mora is $72,218 and the income per person is $33,979. 8.8% of residents live below the poverty line (New Mexico: 17.8%).
Housing in Mora: homes for sale and rent
- Housing units
- 432
- Owner-occupied
- 71.5%
- Renter-occupied
- 28.5%
- Vacant
- 35%Includes seasonal homes
- Median year built
- 1965
- Average household size
- 1.85
35% of homes are vacant most of the year, a sign that Mora has many vacation and second homes.
Mora demographics
- Population
- 520
- Median age
- 56.1
- Under 18
- 20.4%
- 65 and older
- 43.8%
- Households
- 281
- Foreign-born
- 0%
- Veterans
- 2.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Mora ›
Education in Mora
60.6% of adults 25 and older in Mora have a bachelor's degree or higher (New Mexico: 31%), and 60.6% have a graduate or professional degree.
Jobs and commute in Mora
- Unemployment rate
- 0%State: 6%
- Average commute
- —State: 24 min
- Work from home
- 25.8%
- Drive alone
- 38%
- Public transit
- 0%
- Walk to work
- 36.2%
- Homes with broadband
- 72.6%
Mora vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Mora | 520 | $72,218 | $172,200 | — |
| Peñasco | 546 | $45,833 | $229,300 | $963 |
| Vadito | 264 | $62,083 | $195,000 | $938 |
| Las Vegas | 13,000 | $45,125 | $155,300 | $792 |
| Rio Lucio | 485 | $45,000 | $180,100 | $1,089 |
| Chamisal | 300 | $37,375 | $221,800 | $950 |
| Ojo Sarco | 112 | $13,292 | $63,200 | — |
| Angel Fire | 1,111 | $107,554 | $546,800 | $1,052 |
| Cordova | 389 | $23,395 | — | — |
More for people moving to Mora
Mora ZIP code ›Weather and climate ›Living in Mora: FAQ
What is the median household income in Mora, NM?
The median household income in Mora is $72,218, 13% 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 Mora?
The median home value in Mora is $172,200, compared with $248,100 in New Mexico.
Is Mora, NM a good place to live?
Pluses: median household income 13% higher than the New Mexico median; home values 31% lower than the state median; a poverty rate of 8.8%.
What is the median age in Mora?
The median age in Mora is 56.1 years (New Mexico: 39.4).
What is the unemployment rate in Mora?
The unemployment rate in Mora is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Mora?
60.6% of adults in Mora 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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