Living in Picacho Hills, New Mexico
Cost of living, income, home prices, rent and demographics of Picacho Hills · Census data 2020–2024
Picacho Hills has 2,002 residents with a median age of 67.3. The median household income is $120,850 (89% higher than the New Mexico median), the median home value is $456,400.
Picacho Hills at a glance
- Population
- 2,002
- Median age
- 67.3State: 39.4
- Median household income
- $120,850State: $64,059
- Median home value
- $456,400State: $248,100
- Homeowners
- 100%
- Bachelor's degree or higher
- 67.3%
- Average commute
- 30 min
Is Picacho Hills a good place to live?
Pros: Median household income 89% higher than the New Mexico median; unemployment of 1.7%; a poverty rate of 5.6%.
Cons: Home values 84% higher than the state median; an average commute of 30 minutes.
The weather is best in March to May and October.
Cost of living in Picacho Hills
Housing is the biggest part of the cost of living. In Picacho Hills the median home value is $456,400, 37% higher than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $2,059 a month in housing costs.
Picacho Hills median household income
The median household income in Picacho Hills is $120,850 and the income per person is $64,879. 5.6% of residents live below the poverty line (New Mexico: 17.8%).
Housing in Picacho Hills: homes for sale and rent
- Housing units
- 895
- Owner-occupied
- 100%
- Renter-occupied
- 0%
- Vacant
- 6.7%Includes seasonal homes
- Median year built
- 2004
- Average household size
- 2.40
Picacho Hills demographics
- Population
- 2,002
- Median age
- 67.3
- Under 18
- 11%
- 65 and older
- 53.5%
- Households
- 835
- Foreign-born
- 10.3%
- Veterans
- 12.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Picacho Hills ›
Education in Picacho Hills
67.3% of adults 25 and older in Picacho Hills have a bachelor's degree or higher (New Mexico: 31%), and 33% have a graduate or professional degree.
Jobs and commute in Picacho Hills
- Unemployment rate
- 1.7%State: 6%
- Average commute
- 30 minState: 24 min
- Work from home
- 17.5%
- Drive alone
- 79.3%
- Public transit
- 0%
- Walk to work
- 1.9%
- Homes with broadband
- 99.2%
Picacho Hills vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Picacho Hills | 2,002 | $120,850 | $456,400 | — |
| San Ysidro | 2,118 | $89,473 | $335,300 | $916 |
| Mesilla | 1,717 | $74,750 | $301,400 | $994 |
| Las Cruces | 114,197 | $55,422 | $231,700 | $974 |
| Doña Ana | 868 | $35,700 | $96,400 | — |
| Tortugas | 381 | $31,554 | $83,200 | — |
| San Pablo | 696 | $68,047 | $273,300 | — |
| University Park | 2,782 | $30,156 | — | $792 |
| Radium Springs | 1,908 | $43,836 | $136,100 | — |
More for people moving to Picacho Hills
Picacho Hills ZIP code ›Weather and climate ›Living in Picacho Hills: FAQ
What is the median household income in Picacho Hills, NM?
The median household income in Picacho Hills is $120,850, 89% 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 Picacho Hills?
The median home value in Picacho Hills is $456,400, compared with $248,100 in New Mexico.
Is Picacho Hills, NM a good place to live?
Pluses: median household income 89% higher than the New Mexico median; unemployment of 1.7%; a poverty rate of 5.6%. Minuses: home values 84% higher than the state median; an average commute of 30 minutes.
What is the median age in Picacho Hills?
The median age in Picacho Hills is 67.3 years (New Mexico: 39.4).
How long is the commute in Picacho Hills?
The average commute to work in Picacho Hills is 30 minutes; 17.5% of workers work from home.
What is the unemployment rate in Picacho Hills?
The unemployment rate in Picacho Hills is 1.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Picacho Hills?
67.3% of adults in Picacho 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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