Living in Texico, New Mexico
Cost of living, income, home prices, rent and demographics of Texico · Census data 2020–2024
Texico has 967 residents with a median age of 44.9. The median household income is $65,000 (about the same as the New Mexico median), the median home value is $95,900, the median rent is $973/month.
Texico is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Texico at a glance
- Population
- 967
- Median age
- 44.9State: 39.4
- Median household income
- $65,000State: $64,059
- Median home value
- $95,900State: $248,100
- Median rent
- $973/moState: $1,067
- Homeowners
- 74.7%
- Bachelor's degree or higher
- 8%
- Average commute
- 15 min
Is Texico a good place to live?
Pros: Median household income about the same as the New Mexico median; home values 61% lower than the state median; an average commute of 15 minutes; a poverty rate of 16.5%.
The weather is best in April–May and September–October.
Cost of living in Texico
Housing is the biggest part of the cost of living. In Texico the median home value is $95,900, 71% lower than the U.S. median. Renters pay a median of $973 per month, which is 31.8% of household income. Homeowners with a mortgage pay $1,036 a month in housing costs.
Texico median household income
The median household income in Texico is $65,000 and the income per person is $26,126. 16.5% of residents live below the poverty line (New Mexico: 17.8%).
Housing in Texico: homes for sale and rent
- Housing units
- 415
- Owner-occupied
- 74.7%
- Renter-occupied
- 25.3%
- Vacant
- 10.4%Includes seasonal homes
- Median year built
- 1975
- Average household size
- 2.60
Texico demographics
- Population
- 967
- Median age
- 44.9
- Under 18
- 26.7%
- 65 and older
- 20.1%
- Households
- 372
- Foreign-born
- 23.6%
- Veterans
- 11.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Texico ›
Education in Texico
8% of adults 25 and older in Texico have a bachelor's degree or higher (New Mexico: 31%), and 3.7% have a graduate or professional degree.
Jobs and commute in Texico
- Unemployment rate
- 0%State: 6%
- Average commute
- 15 minState: 24 min
- Work from home
- 0%
- Drive alone
- 89%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 63.4%
Texico vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Texico | 967 | $65,000 | $95,900 | $973 |
| Farwell | 1,306 | $56,875 | $149,000 | $1,338 |
| Clovis | 37,942 | $54,820 | $169,400 | $988 |
| Bovina | 1,488 | $48,500 | $113,700 | $1,033 |
| Cannon AFB | 2,405 | $63,000 | — | $1,206 |
| Muleshoe | 5,667 | $69,097 | $98,600 | $938 |
| Portales | 11,968 | $50,555 | $133,400 | $903 |
| Friona | 4,102 | $66,801 | $125,500 | $1,038 |
| Floyd | 134 | $51,250 | — | — |
More for people moving to Texico
Texico ZIP code ›Weather and climate ›Living in Texico: FAQ
What is the median household income in Texico, NM?
The median household income in Texico is $65,000, 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 Texico?
The median home value in Texico is $95,900, compared with $248,100 in New Mexico.
How much is rent in Texico?
The median gross rent in Texico is $973 per month, about 31.8% of household income.
Is Texico, NM a good place to live?
Pluses: median household income about the same as the New Mexico median; home values 61% lower than the state median; an average commute of 15 minutes; a poverty rate of 16.5%.
What is the median age in Texico?
The median age in Texico is 44.9 years (New Mexico: 39.4).
How long is the commute in Texico?
The average commute to work in Texico is 15 minutes; 0% of workers work from home.
What is the unemployment rate in Texico?
The unemployment rate in Texico is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Texico?
8% of adults in Texico 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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