Living in Pecos, New Mexico

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

Pecos has 1,204 residents with a median age of 33.8. The median household income is $88,490 (38% higher than the New Mexico median), the median home value is $302,700, the median rent is $1,044/month.

Pecos is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Pecos at a glance

Population
1,204
Median age
33.8State: 39.4
Median household income
$88,490State: $64,059
Median home value
$302,700State: $248,100
Median rent
$1,044/moState: $1,067
Homeowners
64.9%
Bachelor's degree or higher
26.2%
Average commute
42 min

Is Pecos a good place to live?

Pros: Median household income 38% higher than the New Mexico median; a poverty rate of 9.7%.

Cons: Home values 22% higher than the state median; an average commute of 42 minutes; unemployment of 7%.

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

Cost of living in Pecos

Housing is the biggest part of the cost of living. In Pecos the median home value is $302,700, 9% lower than the U.S. median. Renters pay a median of $1,044 per month, which is 33.1% of household income. Homeowners with a mortgage pay $1,587 a month in housing costs.

Median home value

Pecos$302,700
New Mexico$248,100
United States$332,700

Median monthly rent

Pecos$1,044
New Mexico$1,067
United States$1,413

Pecos median household income

The median household income in Pecos is $88,490 and the income per person is $30,673. 9.7% of residents live below the poverty line (New Mexico: 17.8%).

Median household income

Pecos$88,490
New Mexico$64,059
United States$80,734

Housing in Pecos: homes for sale and rent

Housing units
608
Owner-occupied
64.9%
Renter-occupied
35.1%
Vacant
24.5%Includes seasonal homes
Median year built
1987
Average household size
2.62

Pecos demographics

Population
1,204
Median age
33.8
Under 18
21.7%
65 and older
17.8%
Households
459
Foreign-born
9.7%
Veterans
17.4%Adults 18+

Race and ethnicity

White15.5%
Hispanic or Latino84.6%
Black1.8%
Asian0%

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

Education in Pecos

26.2% of adults 25 and older in Pecos have a bachelor's degree or higher (New Mexico: 31%), and 6% have a graduate or professional degree.

Bachelor's degree or higher

Pecos26.2%
New Mexico31%
United States35.7%

Jobs and commute in Pecos

Unemployment rate
7%State: 6%
Average commute
42 minState: 24 min
Work from home
18.6%
Drive alone
53%
Public transit
0%
Walk to work
3.9%
Homes with broadband
77.3%

Pecos vs nearby towns

TownPopulationMedian incomeHome valueRent
Pecos1,204$88,490$302,700$1,044
La Cueva778$109,299$418,500—
Rowe516$115,976$199,300—
Cañoncito1,253$78,220$387,900$3,011
Cañada de los Alamos315$83,294$460,700—
Santa Fe Foothills779$157,083$1,172,000—
Lamy294$68,235——
Sunlit Hills899$126,250$1,001,300$1,354
Seton Village101$123,750$680,600—

More for people moving to Pecos

Pecos ZIP code ›Weather and climate ›

Living in Pecos: FAQ

What is the median household income in Pecos, NM?

The median household income in Pecos is $88,490, 38% 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 Pecos?

The median home value in Pecos is $302,700, compared with $248,100 in New Mexico.

How much is rent in Pecos?

The median gross rent in Pecos is $1,044 per month, about 33.1% of household income.

Is Pecos, NM a good place to live?

Pluses: median household income 38% higher than the New Mexico median; a poverty rate of 9.7%. Minuses: home values 22% higher than the state median; an average commute of 42 minutes; unemployment of 7%.

What is the median age in Pecos?

The median age in Pecos is 33.8 years (New Mexico: 39.4).

How long is the commute in Pecos?

The average commute to work in Pecos is 42 minutes; 18.6% of workers work from home.

What is the unemployment rate in Pecos?

The unemployment rate in Pecos is 7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Pecos?

26.2% of adults in Pecos 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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