Living in Talpa, New Mexico
Cost of living, income, home prices, rent and demographics of Talpa · Census data 2020–2024
Talpa has 955 residents with a median age of 39.7. The median household income is $49,167 (23% lower than the New Mexico median), the median home value is $387,300.
Talpa is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Talpa at a glance
- Population
- 955
- Median age
- 39.7State: 39.4
- Median household income
- $49,167State: $64,059
- Median home value
- $387,300State: $248,100
- Homeowners
- 86.6%
- Bachelor's degree or higher
- 60.4%
- Average commute
- 30 min
Is Talpa a good place to live?
Pros: A poverty rate of 13.2%.
Cons: Median household income 23% lower than the New Mexico median; home values 56% higher than the state median; an average commute of 30 minutes.
The weather is best in May to July and September.
Cost of living in Talpa
Housing is the biggest part of the cost of living. In Talpa the median home value is $387,300, 16% higher than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $1,423 a month in housing costs.
Talpa median household income
The median household income in Talpa is $49,167 and the income per person is $22,007. 13.2% of residents live below the poverty line (New Mexico: 17.8%).
Housing in Talpa: homes for sale and rent
- Housing units
- 541
- Owner-occupied
- 86.6%
- Renter-occupied
- 13.4%
- Vacant
- 29.8%Includes seasonal homes
- Median year built
- 1985
- Average household size
- 2.51
Talpa demographics
- Population
- 955
- Median age
- 39.7
- Under 18
- 31.7%
- 65 and older
- 33%
- Households
- 380
- Foreign-born
- 0%
- Veterans
- 13.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Talpa ›
Education in Talpa
60.4% of adults 25 and older in Talpa have a bachelor's degree or higher (New Mexico: 31%), and 27.7% have a graduate or professional degree.
Jobs and commute in Talpa
- Unemployment rate
- 0%State: 6%
- Average commute
- 30 minState: 24 min
- Work from home
- 24.6%
- Drive alone
- 52%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 84.2%
Talpa vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Talpa | 955 | $49,167 | $387,300 | — |
| Taos | 6,458 | $47,304 | $445,900 | $883 |
| Taos Pueblo | 1,129 | $39,375 | $371,600 | $1,125 |
| Vadito | 264 | $62,083 | $195,000 | $938 |
| Rio Lucio | 485 | $45,000 | $180,100 | $1,089 |
| Arroyo Seco | 2,112 | $62,348 | $603,500 | $1,634 |
| Peñasco | 546 | $45,833 | $229,300 | $963 |
| Chamisal | 300 | $37,375 | $221,800 | $950 |
| Ojo Sarco | 112 | $13,292 | $63,200 | — |
More for people moving to Talpa
Talpa ZIP code ›Weather and climate ›Living in Talpa: FAQ
What is the median household income in Talpa, NM?
The median household income in Talpa is $49,167, 23% 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 Talpa?
The median home value in Talpa is $387,300, compared with $248,100 in New Mexico.
Is Talpa, NM a good place to live?
Pluses: a poverty rate of 13.2%. Minuses: median household income 23% lower than the New Mexico median; home values 56% higher than the state median; an average commute of 30 minutes.
What is the median age in Talpa?
The median age in Talpa is 39.7 years (New Mexico: 39.4).
How long is the commute in Talpa?
The average commute to work in Talpa is 30 minutes; 24.6% of workers work from home.
What is the unemployment rate in Talpa?
The unemployment rate in Talpa is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Talpa?
60.4% of adults in Talpa 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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