Living in Peralta, New Mexico
Cost of living, income, home prices, rent and demographics of Peralta · Census data 2020–2024
Peralta has 3,404 residents with a median age of 39.9. The median household income is $73,131 (14% higher than the New Mexico median), the median home value is $299,200, the median rent is $1,246/month.
Peralta at a glance
- Population
- 3,404
- Median age
- 39.9State: 39.4
- Median household income
- $73,131State: $64,059
- Median home value
- $299,200State: $248,100
- Median rent
- $1,246/moState: $1,067
- Homeowners
- 83%
- Bachelor's degree or higher
- 25.9%
- Average commute
- 32 min
Is Peralta a good place to live?
Pros: Median household income 14% higher than the New Mexico median; unemployment of 4.3%; a poverty rate of 5.2%.
Cons: Home values 21% higher than the state median; an average commute of 32 minutes.
The weather is best in April–May and September–October.
Cost of living in Peralta
Housing is the biggest part of the cost of living. In Peralta the median home value is $299,200, 10% lower than the U.S. median. Renters pay a median of $1,246 per month, which is 41.3% of household income. Homeowners with a mortgage pay $1,975 a month in housing costs.
Peralta median household income
The median household income in Peralta is $73,131 and the income per person is $57,443. 5.2% of residents live below the poverty line (New Mexico: 17.8%).
Housing in Peralta: homes for sale and rent
- Housing units
- 1,465
- Owner-occupied
- 83%
- Renter-occupied
- 17%
- Vacant
- 3%Includes seasonal homes
- Median year built
- 1980
- Average household size
- 2.40
Peralta demographics
- Population
- 3,404
- Median age
- 39.9
- Under 18
- 23.2%
- 65 and older
- 19%
- Households
- 1,421
- Foreign-born
- 5.1%
- Veterans
- 13.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Peralta ›
Education in Peralta
25.9% of adults 25 and older in Peralta have a bachelor's degree or higher (New Mexico: 31%), and 9.8% have a graduate or professional degree.
Jobs and commute in Peralta
- Unemployment rate
- 4.3%State: 6%
- Average commute
- 32 minState: 24 min
- Work from home
- 7.3%
- Drive alone
- 82.1%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 78.3%
Peralta vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Peralta | 3,404 | $73,131 | $299,200 | $1,246 |
| Valencia | 2,406 | $55,170 | $262,900 | $668 |
| Bosque Farms | 4,071 | $82,188 | $293,100 | $897 |
| Chical | 141 | $85,714 | $334,000 | — |
| El Cerro | 2,923 | $106,136 | $311,500 | $723 |
| El Cerro Mission | 5,323 | $49,470 | $115,300 | — |
| Monterey Park | 667 | $28,162 | $56,300 | — |
| Los Lunas | 18,618 | $62,330 | $262,900 | $1,110 |
| Tome | 1,723 | $85,448 | $269,300 | $1,385 |
More for people moving to Peralta
Peralta ZIP code ›Weather and climate ›Living in Peralta: FAQ
What is the median household income in Peralta, NM?
The median household income in Peralta is $73,131, 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 Peralta?
The median home value in Peralta is $299,200, compared with $248,100 in New Mexico.
How much is rent in Peralta?
The median gross rent in Peralta is $1,246 per month, about 41.3% of household income.
Is Peralta, 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 5.2%. Minuses: home values 21% higher than the state median; an average commute of 32 minutes.
What is the median age in Peralta?
The median age in Peralta is 39.9 years (New Mexico: 39.4).
How long is the commute in Peralta?
The average commute to work in Peralta is 32 minutes; 7.3% of workers work from home.
What is the unemployment rate in Peralta?
The unemployment rate in Peralta is 4.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Peralta?
25.9% of adults in Peralta 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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