Living in Red River, New Mexico
Cost of living, income, home prices, rent and demographics of Red River · Census data 2020–2024
Red River has 450 residents with a median age of 44.1. The median household income is $22,384 (65% lower than the New Mexico median), the median home value is $427,500, the median rent is $933/month.
Red River is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Red River at a glance
- Population
- 450
- Median age
- 44.1State: 39.4
- Median household income
- $22,384State: $64,059
- Median home value
- $427,500State: $248,100
- Median rent
- $933/moState: $1,067
- Homeowners
- 40.7%
- Bachelor's degree or higher
- 29.4%
- Average commute
- 10 min
Is Red River a good place to live?
Pros: An average commute of 10 minutes; a poverty rate of 8.9%.
Cons: Median household income 65% lower than the New Mexico median; home values 72% higher than the state median.
The weather is best in June to September.
Cost of living in Red River
Housing is the biggest part of the cost of living. In Red River the median home value is $427,500, 28% higher than the U.S. median. Renters pay a median of $933 per month, which is 51% of household income. Homeowners with a mortgage pay $1,438 a month in housing costs.
Red River median household income
The median household income in Red River is $22,384 and the income per person is $32,940. 8.9% of residents live below the poverty line (New Mexico: 17.8%).
Housing in Red River: homes for sale and rent
- Housing units
- 954
- Owner-occupied
- 40.7%
- Renter-occupied
- 59.3%
- Vacant
- 67.8%Includes seasonal homes
- Median year built
- 1982
- Average household size
- 1.47
67.8% of homes are vacant most of the year, a sign that Red River has many vacation and second homes.
Red River demographics
- Population
- 450
- Median age
- 44.1
- Under 18
- 14.2%
- 65 and older
- 28.7%
- Households
- 307
- Foreign-born
- 2.7%
- Veterans
- 0%Adults 18+
Hispanic or Latino can be of any race. Population history of Red River ›
Education in Red River
29.4% of adults 25 and older in Red River have a bachelor's degree or higher (New Mexico: 31%), and 3.8% have a graduate or professional degree.
Jobs and commute in Red River
- Unemployment rate
- 0%State: 6%
- Average commute
- 10 minState: 24 min
- Work from home
- 9.9%
- Drive alone
- 50.6%
- Public transit
- 0%
- Walk to work
- 27.2%
- Homes with broadband
- 87.9%
Red River vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Red River | 450 | $22,384 | $427,500 | $933 |
| Questa | 2,466 | $47,308 | $233,500 | $703 |
| San Cristobal | 203 | $78,472 | $385,400 | — |
| Eagle Nest | 451 | $57,692 | $301,200 | $894 |
| Arroyo Seco | 2,112 | $62,348 | $603,500 | $1,634 |
| Taos Pueblo | 1,129 | $39,375 | $371,600 | $1,125 |
| Taos | 6,458 | $47,304 | $445,900 | $883 |
| Angel Fire | 1,111 | $107,554 | $546,800 | $1,052 |
| Talpa | 955 | $49,167 | $387,300 | — |
More for people moving to Red River
Red River ZIP code ›Weather and climate ›Living in Red River: FAQ
What is the median household income in Red River, NM?
The median household income in Red River is $22,384, 65% 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 Red River?
The median home value in Red River is $427,500, compared with $248,100 in New Mexico.
How much is rent in Red River?
The median gross rent in Red River is $933 per month, about 51% of household income.
Is Red River, NM a good place to live?
Pluses: an average commute of 10 minutes; a poverty rate of 8.9%. Minuses: median household income 65% lower than the New Mexico median; home values 72% higher than the state median.
What is the median age in Red River?
The median age in Red River is 44.1 years (New Mexico: 39.4).
How long is the commute in Red River?
The average commute to work in Red River is 10 minutes; 9.9% of workers work from home.
What is the unemployment rate in Red River?
The unemployment rate in Red River is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Red River?
29.4% of adults in Red River 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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