Living in Roy, New Mexico
Cost of living, income, home prices, rent and demographics of Roy · Census data 2020–2024
Roy has 302 residents with a median age of 55.5. The median household income is $43,203 (33% lower than the New Mexico median), the median rent is $1,063/month.
Roy is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Roy at a glance
- Population
- 302
- Median age
- 55.5State: 39.4
- Median household income
- $43,203State: $64,059
- Median rent
- $1,063/moState: $1,067
- Homeowners
- 71.1%
- Bachelor's degree or higher
- 38.7%
- Average commute
- 24 min
Is Roy a good place to live?
Cons: Median household income 33% lower than the New Mexico median; an average commute of 24 minutes; unemployment of 27.1%; a poverty rate of 29.8%.
The weather is best in May–June and September–October.
Cost of living in Roy
Housing is the biggest part of the cost of living. In Roy the median home value is —. Renters pay a median of $1,063 per month, which is 9% of household income. Homeowners with a mortgage pay $1,175 a month in housing costs.
Roy median household income
The median household income in Roy is $43,203 and the income per person is $134,948. 29.8% of residents live below the poverty line (New Mexico: 17.8%).
Housing in Roy: homes for sale and rent
- Housing units
- 234
- Owner-occupied
- 71.1%
- Renter-occupied
- 28.9%
- Vacant
- 36.3%Includes seasonal homes
- Median year built
- 1965
- Average household size
- 2.03
36.3% of homes are vacant most of the year, a sign that Roy has many vacation and second homes.
Roy demographics
- Population
- 302
- Median age
- 55.5
- Under 18
- 6%
- 65 and older
- 24.8%
- Households
- 149
- Foreign-born
- 0%
- Veterans
- 22.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Roy ›
Education in Roy
38.7% of adults 25 and older in Roy have a bachelor's degree or higher (New Mexico: 31%), and 27.6% have a graduate or professional degree.
Jobs and commute in Roy
- Unemployment rate
- 27.1%State: 6%
- Average commute
- 24 minState: 24 min
- Work from home
- 0.8%
- Drive alone
- 72.7%
- Public transit
- 0%
- Walk to work
- 21.5%
- Homes with broadband
- 53.7%
Roy vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Roy | 302 | $43,203 | — | $1,063 |
| Wagon Mound | 557 | $43,672 | — | $769 |
| Springer | 1,017 | $50,345 | $87,000 | $501 |
| Maxwell | 331 | $31,667 | $79,300 | $605 |
More for people moving to Roy
Roy ZIP code ›Weather and climate ›Living in Roy: FAQ
What is the median household income in Roy, NM?
The median household income in Roy is $43,203, 33% lower than the New Mexico median of $64,059 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How much is rent in Roy?
The median gross rent in Roy is $1,063 per month, about 9% of household income.
Is Roy, NM a good place to live?
Minuses: median household income 33% lower than the New Mexico median; an average commute of 24 minutes; unemployment of 27.1%; a poverty rate of 29.8%.
What is the median age in Roy?
The median age in Roy is 55.5 years (New Mexico: 39.4).
How long is the commute in Roy?
The average commute to work in Roy is 24 minutes; 0.8% of workers work from home.
What is the unemployment rate in Roy?
The unemployment rate in Roy is 27.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Roy?
38.7% of adults in Roy 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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