Living in Santa Teresa, New Mexico

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

Santa Teresa has 6,041 residents with a median age of 33.2. The median household income is $63,161 (about the same as the New Mexico median), the median home value is $215,100, the median rent is $1,356/month.

Santa Teresa at a glance

Population
6,041
Median age
33.2State: 39.4
Median household income
$63,161State: $64,059
Median home value
$215,100State: $248,100
Median rent
$1,356/moState: $1,067
Homeowners
73.7%
Bachelor's degree or higher
37.6%
Average commute
29 min

Is Santa Teresa a good place to live?

Pros: Home values 13% lower than the state median; unemployment of 1.9%.

Cons: Median household income about the same as the New Mexico median; an average commute of 29 minutes; a poverty rate of 23.9%.

The weather is best in March–April and October–November.

Cost of living in Santa Teresa

Housing is the biggest part of the cost of living. In Santa Teresa the median home value is $215,100, 35% lower than the U.S. median. Renters pay a median of $1,356 per month, which is 35% of household income. Homeowners with a mortgage pay $1,335 a month in housing costs.

Median home value

Santa Teresa$215,100
New Mexico$248,100
United States$332,700

Median monthly rent

Santa Teresa$1,356
New Mexico$1,067
United States$1,413

Santa Teresa median household income

The median household income in Santa Teresa is $63,161 and the income per person is $27,458. 23.9% of residents live below the poverty line (New Mexico: 17.8%).

Median household income

Santa Teresa$63,161
New Mexico$64,059
United States$80,734

Housing in Santa Teresa: homes for sale and rent

Housing units
2,240
Owner-occupied
73.7%
Renter-occupied
26.3%
Vacant
5.1%Includes seasonal homes
Median year built
1991
Average household size
2.84

Santa Teresa demographics

Population
6,041
Median age
33.2
Under 18
27.2%
65 and older
11.8%
Households
2,125
Foreign-born
22.6%
Veterans
9.7%Adults 18+

Race and ethnicity

White27.7%
Hispanic or Latino83.7%
Black0.8%
Asian0%

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

Education in Santa Teresa

37.6% of adults 25 and older in Santa Teresa have a bachelor's degree or higher (New Mexico: 31%), and 12.7% have a graduate or professional degree.

Bachelor's degree or higher

Santa Teresa37.6%
New Mexico31%
United States35.7%

Jobs and commute in Santa Teresa

Unemployment rate
1.9%State: 6%
Average commute
29 minState: 24 min
Work from home
1.7%
Drive alone
85%
Public transit
0%
Walk to work
0%
Homes with broadband
94.9%

Santa Teresa vs nearby towns

TownPopulationMedian incomeHome valueRent
Santa Teresa6,041$63,161$215,100$1,356
Prado Verde474$250,001$423,300—
Canutillo5,962$40,682$106,600$838
Sunland Park17,463$62,814$215,200$920
La Union1,071$56,411$251,800—
Vinton2,585$65,991$109,100$918
Westway3,484$44,852$106,000$1,152
Anthony4,580$54,588$168,200$1,066
Anthony8,767$38,132$116,000$561

More for people moving to Santa Teresa

Santa Teresa ZIP code ›Weather and climate ›

Living in Santa Teresa: FAQ

What is the median household income in Santa Teresa, NM?

The median household income in Santa Teresa is $63,161, about the same as 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 Santa Teresa?

The median home value in Santa Teresa is $215,100, compared with $248,100 in New Mexico.

How much is rent in Santa Teresa?

The median gross rent in Santa Teresa is $1,356 per month, about 35% of household income.

Is Santa Teresa, NM a good place to live?

Pluses: home values 13% lower than the state median; unemployment of 1.9%. Minuses: median household income about the same as the New Mexico median; an average commute of 29 minutes; a poverty rate of 23.9%.

What is the median age in Santa Teresa?

The median age in Santa Teresa is 33.2 years (New Mexico: 39.4).

How long is the commute in Santa Teresa?

The average commute to work in Santa Teresa is 29 minutes; 1.7% of workers work from home.

What is the unemployment rate in Santa Teresa?

The unemployment rate in Santa Teresa is 1.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Santa Teresa?

37.6% of adults in Santa Teresa 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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