Living in Tome, New Mexico
Cost of living, income, home prices, rent and demographics of Tome · Census data 2020–2024
Tome has 1,723 residents with a median age of 48.4. The median household income is $85,448 (33% higher than the New Mexico median), the median home value is $269,300, the median rent is $1,385/month.
Tome at a glance
- Population
- 1,723
- Median age
- 48.4State: 39.4
- Median household income
- $85,448State: $64,059
- Median home value
- $269,300State: $248,100
- Median rent
- $1,385/moState: $1,067
- Homeowners
- 88%
- Bachelor's degree or higher
- 11.5%
- Average commute
- 22 min
Is Tome a good place to live?
Pros: Median household income 33% higher than the New Mexico median; an average commute of 22 minutes; a poverty rate of 12.2%.
Cons: Home values 9% higher than the state median; unemployment of 13.9%.
The weather is best in April–May and September–October.
Cost of living in Tome
Housing is the biggest part of the cost of living. In Tome the median home value is $269,300, 19% lower than the U.S. median. Renters pay a median of $1,385 per month, which is 51% of household income. Homeowners with a mortgage pay $1,201 a month in housing costs.
Tome median household income
The median household income in Tome is $85,448 and the income per person is $44,779. 12.2% of residents live below the poverty line (New Mexico: 17.8%).
Housing in Tome: homes for sale and rent
- Housing units
- 661
- Owner-occupied
- 88%
- Renter-occupied
- 12%
- Vacant
- 7%Includes seasonal homes
- Median year built
- 1984
- Average household size
- 2.78
Tome demographics
- Population
- 1,723
- Median age
- 48.4
- Under 18
- 15%
- 65 and older
- 27.7%
- Households
- 615
- Foreign-born
- 3.5%
- Veterans
- 11.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Tome ›
Education in Tome
11.5% of adults 25 and older in Tome have a bachelor's degree or higher (New Mexico: 31%), and 10% have a graduate or professional degree.
Jobs and commute in Tome
- Unemployment rate
- 13.9%State: 6%
- Average commute
- 22 minState: 24 min
- Work from home
- 45.7%
- Drive alone
- 51.5%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 90.4%
Tome vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Tome | 1,723 | $85,448 | $269,300 | $1,385 |
| Los Chaves | 4,838 | $79,662 | $285,700 | $833 |
| Adelino | 686 | $110,391 | $222,000 | — |
| El Cerro | 2,923 | $106,136 | $311,500 | $723 |
| Las Maravillas | 1,594 | $63,375 | $230,000 | — |
| Monterey Park | 667 | $28,162 | $56,300 | — |
| Sausal | 602 | $65,071 | $254,800 | — |
| El Cerro Mission | 5,323 | $49,470 | $115,300 | — |
| Valencia | 2,406 | $55,170 | $262,900 | $668 |
More for people moving to Tome
Tome ZIP code ›Weather and climate ›Living in Tome: FAQ
What is the median household income in Tome, NM?
The median household income in Tome is $85,448, 33% higher 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 Tome?
The median home value in Tome is $269,300, compared with $248,100 in New Mexico.
How much is rent in Tome?
The median gross rent in Tome is $1,385 per month, about 51% of household income.
Is Tome, NM a good place to live?
Pluses: median household income 33% higher than the New Mexico median; an average commute of 22 minutes; a poverty rate of 12.2%. Minuses: home values 9% higher than the state median; unemployment of 13.9%.
What is the median age in Tome?
The median age in Tome is 48.4 years (New Mexico: 39.4).
How long is the commute in Tome?
The average commute to work in Tome is 22 minutes; 45.7% of workers work from home.
What is the unemployment rate in Tome?
The unemployment rate in Tome is 13.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Tome?
11.5% of adults in Tome 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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