Living in Paradise Hills, New Mexico
Cost of living, income, home prices, rent and demographics of Paradise Hills · Census data 2020–2024
Paradise Hills has 4,591 residents with a median age of 44.9. The median household income is $73,295 (14% higher than the New Mexico median), the median home value is $254,600, the median rent is $1,361/month.
Paradise Hills at a glance
- Population
- 4,591
- Median age
- 44.9State: 39.4
- Median household income
- $73,295State: $64,059
- Median home value
- $254,600State: $248,100
- Median rent
- $1,361/moState: $1,067
- Homeowners
- 75.7%
- Bachelor's degree or higher
- 27.9%
- Average commute
- 27 min
Is Paradise Hills a good place to live?
Pros: Median household income 14% higher than the New Mexico median; unemployment of 4.3%; a poverty rate of 11.1%.
Cons: Home values about the same as the state median; an average commute of 27 minutes.
The weather is best in March to May and October.
Cost of living in Paradise Hills
Housing is the biggest part of the cost of living. In Paradise Hills the median home value is $254,600, 23% lower than the U.S. median. Renters pay a median of $1,361 per month, which is 26% of household income. Homeowners with a mortgage pay $1,327 a month in housing costs.
Paradise Hills median household income
The median household income in Paradise Hills is $73,295 and the income per person is $39,042. 11.1% of residents live below the poverty line (New Mexico: 17.8%).
Housing in Paradise Hills: homes for sale and rent
- Housing units
- 1,923
- Owner-occupied
- 75.7%
- Renter-occupied
- 24.3%
- Vacant
- 0%Includes seasonal homes
- Median year built
- 1974
- Average household size
- 2.38
Paradise Hills demographics
- Population
- 4,591
- Median age
- 44.9
- Under 18
- 17.4%
- 65 and older
- 28.2%
- Households
- 1,923
- Foreign-born
- 2.4%
- Veterans
- 12.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Paradise Hills ›
Education in Paradise Hills
27.9% of adults 25 and older in Paradise Hills have a bachelor's degree or higher (New Mexico: 31%), and 14% have a graduate or professional degree.
Jobs and commute in Paradise Hills
- Unemployment rate
- 4.3%State: 6%
- Average commute
- 27 minState: 24 min
- Work from home
- 22.4%
- Drive alone
- 67.1%
- Public transit
- 0%
- Walk to work
- 0.4%
- Homes with broadband
- 93%
Paradise Hills vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Paradise Hills | 4,591 | $73,295 | $254,600 | $1,361 |
| Los Ranchos de Albuquerque | 5,857 | $72,992 | $492,400 | $1,061 |
| North Valley | 10,455 | $61,498 | $302,700 | $893 |
| Corrales | 8,555 | $102,307 | $571,500 | $1,143 |
| Rio Rancho | 108,515 | $89,596 | $310,200 | $1,514 |
| Edith Enclave | 185 | $91,875 | $318,800 | $950 |
| Albuquerque | 562,218 | $68,317 | $291,500 | $1,145 |
| Pueblo of Sandia Village | 416 | $30,625 | $225,800 | — |
| Rio Rancho Estates | 1,571 | $91,635 | $153,500 | — |
More for people moving to Paradise Hills
Paradise Hills ZIP code ›Weather and climate ›Living in Paradise Hills: FAQ
What is the median household income in Paradise Hills, NM?
The median household income in Paradise Hills is $73,295, 14% 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 Paradise Hills?
The median home value in Paradise Hills is $254,600, compared with $248,100 in New Mexico.
How much is rent in Paradise Hills?
The median gross rent in Paradise Hills is $1,361 per month, about 26% of household income.
Is Paradise Hills, NM a good place to live?
Pluses: median household income 14% higher than the New Mexico median; unemployment of 4.3%; a poverty rate of 11.1%. Minuses: home values about the same as the state median; an average commute of 27 minutes.
What is the median age in Paradise Hills?
The median age in Paradise Hills is 44.9 years (New Mexico: 39.4).
How long is the commute in Paradise Hills?
The average commute to work in Paradise Hills is 27 minutes; 22.4% of workers work from home.
What is the unemployment rate in Paradise Hills?
The unemployment rate in Paradise Hills is 4.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Paradise Hills?
27.9% of adults in Paradise Hills 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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