Living in Reserve, New Mexico

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

Reserve has 402 residents with a median age of 28.5. The median home value is $123,200.

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

Reserve at a glance

Population
402
Median age
28.5State: 39.4
Median home value
$123,200State: $248,100
Homeowners
100%
Bachelor's degree or higher
5.4%
Average commute
8 min

Is Reserve a good place to live?

Pros: Home values 50% lower than the state median; an average commute of 8 minutes.

Cons: Unemployment of 6.5%; a poverty rate of 56.3%.

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

Cost of living in Reserve

Housing is the biggest part of the cost of living. In Reserve the median home value is $123,200, 63% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $1,356 a month in housing costs.

Median home value

Reserve$123,200
New Mexico$248,100
United States$332,700

Median monthly rent

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

Housing in Reserve: homes for sale and rent

Housing units
190
Owner-occupied
100%
Renter-occupied
0%
Vacant
54.2%Includes seasonal homes
Median year built
1966
Average household size
4.55

54.2% of homes are vacant most of the year, a sign that Reserve has many vacation and second homes.

Reserve demographics

Population
402
Median age
28.5
Under 18
3%
65 and older
18.7%
Households
87
Foreign-born
0%
Veterans
2.8%Adults 18+

Race and ethnicity

White56%
Hispanic or Latino41.8%
Black0%
Asian0%

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

Education in Reserve

5.4% of adults 25 and older in Reserve have a bachelor's degree or higher (New Mexico: 31%), and 3.5% have a graduate or professional degree.

Bachelor's degree or higher

Reserve5.4%
New Mexico31%
United States35.7%

Jobs and commute in Reserve

Unemployment rate
6.5%State: 6%
Average commute
8 minState: 24 min
Work from home
39.1%
Drive alone
49.6%
Public transit
0%
Walk to work
11.3%
Homes with broadband
67.8%

Reserve vs nearby towns

TownPopulationMedian incomeHome valueRent
Reserve402—$123,200—
Pleasanton259$83,375$333,300—

More for people moving to Reserve

Reserve ZIP code ›Weather and climate ›

Living in Reserve: FAQ

What is the average home price in Reserve?

The median home value in Reserve is $123,200, compared with $248,100 in New Mexico.

Is Reserve, NM a good place to live?

Pluses: home values 50% lower than the state median; an average commute of 8 minutes. Minuses: unemployment of 6.5%; a poverty rate of 56.3%.

What is the median age in Reserve?

The median age in Reserve is 28.5 years (New Mexico: 39.4).

How long is the commute in Reserve?

The average commute to work in Reserve is 8 minutes; 39.1% of workers work from home.

What is the unemployment rate in Reserve?

The unemployment rate in Reserve is 6.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Reserve?

5.4% of adults in Reserve 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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