Living in Sheep Springs, New Mexico

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

Sheep Springs has 360 residents with a median age of 28.7. The median household income is $30,625 (52% lower than the New Mexico median), the median home value is $99,000, the median rent is $819/month.

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

Sheep Springs at a glance

Population
360
Median age
28.7State: 39.4
Median household income
$30,625State: $64,059
Median home value
$99,000State: $248,100
Median rent
$819/moState: $1,067
Homeowners
66.7%
Bachelor's degree or higher
5.5%
Average commute
43 min

Is Sheep Springs a good place to live?

Pros: Home values 60% lower than the state median.

Cons: Median household income 52% lower than the New Mexico median; an average commute of 43 minutes; unemployment of 20.6%; a poverty rate of 36.1%.

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

Cost of living in Sheep Springs

Housing is the biggest part of the cost of living. In Sheep Springs the median home value is $99,000, 70% lower than the U.S. median. Renters pay a median of $819 per month, which is 25.4% of household income. Homeowners with a mortgage pay $925 a month in housing costs.

Median home value

Sheep Springs$99,000
New Mexico$248,100
United States$332,700

Median monthly rent

Sheep Springs$819
New Mexico$1,067
United States$1,413

Sheep Springs median household income

The median household income in Sheep Springs is $30,625 and the income per person is $10,999. 36.1% of residents live below the poverty line (New Mexico: 17.8%).

Median household income

Sheep Springs$30,625
New Mexico$64,059
United States$80,734

Housing in Sheep Springs: homes for sale and rent

Housing units
98
Owner-occupied
66.7%
Renter-occupied
33.3%
Vacant
17.3%Includes seasonal homes
Median year built
1984
Average household size
4.44

Sheep Springs demographics

Population
360
Median age
28.7
Under 18
31.9%
65 and older
5.6%
Households
81
Foreign-born
0%
Veterans
3.3%Adults 18+

Race and ethnicity

White0%
Hispanic or Latino2.8%
Black0%
Asian0%

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

Education in Sheep Springs

5.5% of adults 25 and older in Sheep Springs have a bachelor's degree or higher (New Mexico: 31%), and 1% have a graduate or professional degree.

Bachelor's degree or higher

Sheep Springs5.5%
New Mexico31%
United States35.7%

Jobs and commute in Sheep Springs

Unemployment rate
20.6%State: 6%
Average commute
43 minState: 24 min
Work from home
0%
Drive alone
92%
Public transit
0%
Walk to work
0%
Homes with broadband
56.8%

Sheep Springs vs nearby towns

TownPopulationMedian incomeHome valueRent
Sheep Springs360$30,625$99,000$819
Naschitti361$29,821$136,100$535
Newcomb415$35,313$18,600$603
Crystal287$43,125$89,000$483
Sanostee214$56,250$34,500—
Tohatchi750$48,125$56,700$585
Brimhall Nizhoni367$55,417$65,000—
Navajo2,181$32,208—$683
Nakaibito251$27,917$67,500$800

More for people moving to Sheep Springs

Sheep Springs ZIP code ›Weather and climate ›

Living in Sheep Springs: FAQ

What is the median household income in Sheep Springs, NM?

The median household income in Sheep Springs is $30,625, 52% 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 Sheep Springs?

The median home value in Sheep Springs is $99,000, compared with $248,100 in New Mexico.

How much is rent in Sheep Springs?

The median gross rent in Sheep Springs is $819 per month, about 25.4% of household income.

Is Sheep Springs, NM a good place to live?

Pluses: home values 60% lower than the state median. Minuses: median household income 52% lower than the New Mexico median; an average commute of 43 minutes; unemployment of 20.6%; a poverty rate of 36.1%.

What is the median age in Sheep Springs?

The median age in Sheep Springs is 28.7 years (New Mexico: 39.4).

How long is the commute in Sheep Springs?

The average commute to work in Sheep Springs is 43 minutes; 0% of workers work from home.

What is the unemployment rate in Sheep Springs?

The unemployment rate in Sheep Springs is 20.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Sheep Springs?

5.5% of adults in Sheep Springs 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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