Living in Roswell, New Mexico

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

Roswell has 47,638 residents with a median age of 37.1. The median household income is $51,583 (19% lower than the New Mexico median), the median home value is $152,600, the median rent is $876/month.

Roswell at a glance

Population
47,638
Median age
37.1State: 39.4
Median household income
$51,583State: $64,059
Median home value
$152,600State: $248,100
Median rent
$876/moState: $1,067
Homeowners
68.6%
Bachelor's degree or higher
18.6%
Average commute
18 min

Is Roswell a good place to live?

Pros: Home values 38% lower than the state median; an average commute of 18 minutes; unemployment of 5%.

Cons: Median household income 19% lower than the New Mexico median; a poverty rate of 26%.

The weather is best in March to May and October.

Cost of living in Roswell

Housing is the biggest part of the cost of living. In Roswell the median home value is $152,600, 54% lower than the U.S. median. Renters pay a median of $876 per month, which is 29.8% of household income. Homeowners with a mortgage pay $1,313 a month in housing costs.

Median home value

Roswell$152,600
New Mexico$248,100
United States$332,700

Median monthly rent

Roswell$876
New Mexico$1,067
United States$1,413

Roswell median household income

The median household income in Roswell is $51,583 and the income per person is $29,093. 26% of residents live below the poverty line (New Mexico: 17.8%).

Median household income

Roswell$51,583
New Mexico$64,059
United States$80,734

Housing in Roswell: homes for sale and rent

Housing units
19,994
Owner-occupied
68.6%
Renter-occupied
31.4%
Vacant
10.8%Includes seasonal homes
Median year built
1968
Average household size
2.59

Roswell demographics

Population
47,638
Median age
37.1
Under 18
24.7%
65 and older
16%
Households
17,838
Foreign-born
11.2%
Veterans
6.6%Adults 18+

Race and ethnicity

White52.3%
Hispanic or Latino60.7%
Black1.9%
Asian2%

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

Education in Roswell

18.6% of adults 25 and older in Roswell have a bachelor's degree or higher (New Mexico: 31%), and 7.9% have a graduate or professional degree.

Bachelor's degree or higher

Roswell18.6%
New Mexico31%
United States35.7%

Jobs and commute in Roswell

Unemployment rate
5%State: 6%
Average commute
18 minState: 24 min
Work from home
5%
Drive alone
81.8%
Public transit
0.2%
Walk to work
1.3%
Homes with broadband
81.5%

Roswell vs nearby towns

TownPopulationMedian incomeHome valueRent
Roswell47,638$51,583$152,600$876
Midway541$44,258$178,400—
Dexter1,128$43,846$97,500$673
Hagerman849$64,674$109,600$734
Lake Arthur478$76,429$116,100—
Artesia12,576$74,915$229,400$1,288
Atoka1,347$83,704$116,200$1,157

More for people moving to Roswell

Roswell ZIP code ›Weather and climate ›

Living in Roswell: FAQ

What is the median household income in Roswell, NM?

The median household income in Roswell is $51,583, 19% 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 Roswell?

The median home value in Roswell is $152,600, compared with $248,100 in New Mexico.

How much is rent in Roswell?

The median gross rent in Roswell is $876 per month, about 29.8% of household income.

Is Roswell, NM a good place to live?

Pluses: home values 38% lower than the state median; an average commute of 18 minutes; unemployment of 5%. Minuses: median household income 19% lower than the New Mexico median; a poverty rate of 26%.

What is the median age in Roswell?

The median age in Roswell is 37.1 years (New Mexico: 39.4).

How long is the commute in Roswell?

The average commute to work in Roswell is 18 minutes; 5% of workers work from home.

What is the unemployment rate in Roswell?

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

How educated is Roswell?

18.6% of adults in Roswell 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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