Living in Nambe, New Mexico

Cost of living, income, home prices, rent and demographics of Nambe · Census data 2020–2024

Nambe has 2,035 residents with a median age of 56.4. The median household income is $59,375 (7% lower than the New Mexico median), the median home value is $301,500, the median rent is $1,229/month.

Nambe at a glance

Population
2,035
Median age
56.4State: 39.4
Median household income
$59,375State: $64,059
Median home value
$301,500State: $248,100
Median rent
$1,229/moState: $1,067
Homeowners
85.5%
Bachelor's degree or higher
31.1%
Average commute
29 min

Is Nambe a good place to live?

Pros: A poverty rate of 15.2%.

Cons: Median household income 7% lower than the New Mexico median; home values 22% higher than the state median; an average commute of 29 minutes; unemployment of 9.3%.

The weather is best in April–May and September–October.

Cost of living in Nambe

Housing is the biggest part of the cost of living. In Nambe the median home value is $301,500, 9% lower than the U.S. median. Renters pay a median of $1,229 per month, which is 23% of household income. Homeowners with a mortgage pay $2,064 a month in housing costs.

Median home value

Nambe$301,500
New Mexico$248,100
United States$332,700

Median monthly rent

Nambe$1,229
New Mexico$1,067
United States$1,413

Nambe median household income

The median household income in Nambe is $59,375 and the income per person is $46,045. 15.2% of residents live below the poverty line (New Mexico: 17.8%).

Median household income

Nambe$59,375
New Mexico$64,059
United States$80,734

Housing in Nambe: homes for sale and rent

Housing units
1,078
Owner-occupied
85.5%
Renter-occupied
14.5%
Vacant
7.2%Includes seasonal homes
Median year built
1983
Average household size
2.04

Nambe demographics

Population
2,035
Median age
56.4
Under 18
11.5%
65 and older
33%
Households
1,000
Foreign-born
3.2%
Veterans
5.9%Adults 18+

Race and ethnicity

White46%
Hispanic or Latino67.3%
Black0%
Asian0.2%

Hispanic or Latino can be of any race. Population history of Nambe ›

Education in Nambe

31.1% of adults 25 and older in Nambe have a bachelor's degree or higher (New Mexico: 31%), and 14.8% have a graduate or professional degree.

Bachelor's degree or higher

Nambe31.1%
New Mexico31%
United States35.7%

Jobs and commute in Nambe

Unemployment rate
9.3%State: 6%
Average commute
29 minState: 24 min
Work from home
15.4%
Drive alone
74%
Public transit
0.4%
Walk to work
1.3%
Homes with broadband
73.4%

Nambe vs nearby towns

TownPopulationMedian incomeHome valueRent
Nambe2,035$59,375$301,500$1,229
Pojoaque2,327$74,028$165,600$951
Cuyamungue509$76,458$364,100$950
Cuyamungue Grant376$77,639$398,300—
Jacona412$84,375$475,000$1,150
El Valle de Arroyo Seco1,293$67,826——
Jaconita268$101,250$244,400$850
Tesuque Pueblo325$78,214$95,000$494
La Mesilla2,697$81,438$315,800$1,012

More for people moving to Nambe

Nambe ZIP code ›Weather and climate ›

Living in Nambe: FAQ

What is the median household income in Nambe, NM?

The median household income in Nambe is $59,375, 7% 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 Nambe?

The median home value in Nambe is $301,500, compared with $248,100 in New Mexico.

How much is rent in Nambe?

The median gross rent in Nambe is $1,229 per month, about 23% of household income.

Is Nambe, NM a good place to live?

Pluses: a poverty rate of 15.2%. Minuses: median household income 7% lower than the New Mexico median; home values 22% higher than the state median; an average commute of 29 minutes; unemployment of 9.3%.

What is the median age in Nambe?

The median age in Nambe is 56.4 years (New Mexico: 39.4).

How long is the commute in Nambe?

The average commute to work in Nambe is 29 minutes; 15.4% of workers work from home.

What is the unemployment rate in Nambe?

The unemployment rate in Nambe is 9.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Nambe?

31.1% of adults in Nambe 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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