Living in Raton, New Mexico
Cost of living, income, home prices, rent and demographics of Raton · Census data 2020–2024
Raton has 6,026 residents with a median age of 44.8. The median household income is $52,641 (18% lower than the New Mexico median), the median home value is $134,300, the median rent is $741/month.
Raton at a glance
- Population
- 6,026
- Median age
- 44.8State: 39.4
- Median household income
- $52,641State: $64,059
- Median home value
- $134,300State: $248,100
- Median rent
- $741/moState: $1,067
- Homeowners
- 67.3%
- Bachelor's degree or higher
- 21.3%
- Average commute
- 19 min
Is Raton a good place to live?
Pros: Home values 46% lower than the state median; an average commute of 19 minutes; unemployment of 1.8%.
Cons: Median household income 18% lower than the New Mexico median; a poverty rate of 25.1%.
The weather is best in May–June and August–September.
Cost of living in Raton
Housing is the biggest part of the cost of living. In Raton the median home value is $134,300, 60% lower than the U.S. median. Renters pay a median of $741 per month, which is 27.4% of household income. Homeowners with a mortgage pay $1,145 a month in housing costs.
Raton median household income
The median household income in Raton is $52,641 and the income per person is $29,254. 25.1% of residents live below the poverty line (New Mexico: 17.8%).
Housing in Raton: homes for sale and rent
- Housing units
- 3,375
- Owner-occupied
- 67.3%
- Renter-occupied
- 32.7%
- Vacant
- 20.5%Includes seasonal homes
- Median year built
- 1959
- Average household size
- 2.17
Raton demographics
- Population
- 6,026
- Median age
- 44.8
- Under 18
- 18.5%
- 65 and older
- 24.5%
- Households
- 2,683
- Foreign-born
- 3%
- Veterans
- 8.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Raton ›
Education in Raton
21.3% of adults 25 and older in Raton have a bachelor's degree or higher (New Mexico: 31%), and 8.6% have a graduate or professional degree.
Jobs and commute in Raton
- Unemployment rate
- 1.8%State: 6%
- Average commute
- 19 minState: 24 min
- Work from home
- 2.7%
- Drive alone
- 73.8%
- Public transit
- 0%
- Walk to work
- 1.5%
- Homes with broadband
- 78.2%
Raton vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Raton | 6,026 | $52,641 | $134,300 | $741 |
| Starkville | 102 | $67,727 | $95,000 | $1,092 |
| Trinidad | 8,286 | $52,273 | $226,800 | $910 |
| Cokedale | 161 | $50,952 | $195,800 | $1,135 |
| Segundo | 143 | $79,141 | $160,700 | — |
| Maxwell | 331 | $31,667 | $79,300 | $605 |
| El Moro | 151 | $108,571 | $237,500 | — |
| Des Moines | 174 | $63,864 | $152,500 | — |
| Cimarron | 701 | $41,324 | $126,600 | $625 |
More for people moving to Raton
Raton ZIP code ›Weather and climate ›Living in Raton: FAQ
What is the median household income in Raton, NM?
The median household income in Raton is $52,641, 18% 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 Raton?
The median home value in Raton is $134,300, compared with $248,100 in New Mexico.
How much is rent in Raton?
The median gross rent in Raton is $741 per month, about 27.4% of household income.
Is Raton, NM a good place to live?
Pluses: home values 46% lower than the state median; an average commute of 19 minutes; unemployment of 1.8%. Minuses: median household income 18% lower than the New Mexico median; a poverty rate of 25.1%.
What is the median age in Raton?
The median age in Raton is 44.8 years (New Mexico: 39.4).
How long is the commute in Raton?
The average commute to work in Raton is 19 minutes; 2.7% of workers work from home.
What is the unemployment rate in Raton?
The unemployment rate in Raton is 1.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Raton?
21.3% of adults in Raton 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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