Living in Tres Arroyos, New Mexico
Cost of living, income, home prices, rent and demographics of Tres Arroyos · Census data 2020–2024
Tres Arroyos has 1,926 residents with a median age of 64.9. The median household income is $87,841 (37% higher than the New Mexico median), the median home value is $678,500.
Tres Arroyos at a glance
- Population
- 1,926
- Median age
- 64.9State: 39.4
- Median household income
- $87,841State: $64,059
- Median home value
- $678,500State: $248,100
- Homeowners
- 85.7%
- Bachelor's degree or higher
- 60.6%
- Average commute
- 32 min
Is Tres Arroyos a good place to live?
Pros: Median household income 37% higher than the New Mexico median; unemployment of 5.1%; a poverty rate of 2.2%.
Cons: Home values 173% higher than the state median; an average commute of 32 minutes.
The weather is best in April to June and September.
Cost of living in Tres Arroyos
Housing is the biggest part of the cost of living. In Tres Arroyos the median home value is $678,500, 104% higher than the U.S. median. Renters pay a median of — per month, which is 51% of household income. Homeowners with a mortgage pay $2,627 a month in housing costs.
Tres Arroyos median household income
The median household income in Tres Arroyos is $87,841 and the income per person is $69,292. 2.2% of residents live below the poverty line (New Mexico: 17.8%).
Housing in Tres Arroyos: homes for sale and rent
- Housing units
- 1,102
- Owner-occupied
- 85.7%
- Renter-occupied
- 14.3%
- Vacant
- 2.3%Includes seasonal homes
- Median year built
- 2006
- Average household size
- 1.79
Tres Arroyos demographics
- Population
- 1,926
- Median age
- 64.9
- Under 18
- 7.9%
- 65 and older
- 49%
- Households
- 1,077
- Foreign-born
- 5.6%
- Veterans
- 5.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Tres Arroyos ›
Education in Tres Arroyos
60.6% of adults 25 and older in Tres Arroyos have a bachelor's degree or higher (New Mexico: 31%), and 33.9% have a graduate or professional degree.
Jobs and commute in Tres Arroyos
- Unemployment rate
- 5.1%State: 6%
- Average commute
- 32 minState: 24 min
- Work from home
- 25.3%
- Drive alone
- 60.4%
- Public transit
- 0%
- Walk to work
- 1.3%
- Homes with broadband
- 96.5%
Tres Arroyos vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Tres Arroyos | 1,926 | $87,841 | $678,500 | — |
| Agua Fria | 2,898 | $65,101 | $270,400 | $1,158 |
| Las Campanas | 2,119 | $204,922 | $1,545,800 | — |
| Santa Fe | 89,019 | $73,482 | $444,900 | $1,463 |
| La Tierra | 315 | $246,008 | $2,000,001 | — |
| Tano Road | 1,586 | $183,162 | $1,133,900 | — |
| Conejo | 555 | $111,908 | $1,005,600 | $2,160 |
| Valle Vista | 729 | $36,635 | $322,600 | $923 |
| La Cienega | 3,543 | $85,250 | $517,100 | $1,139 |
More for people moving to Tres Arroyos
Tres Arroyos ZIP code ›Weather and climate ›Living in Tres Arroyos: FAQ
What is the median household income in Tres Arroyos, NM?
The median household income in Tres Arroyos is $87,841, 37% 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 Tres Arroyos?
The median home value in Tres Arroyos is $678,500, compared with $248,100 in New Mexico.
Is Tres Arroyos, NM a good place to live?
Pluses: median household income 37% higher than the New Mexico median; unemployment of 5.1%; a poverty rate of 2.2%. Minuses: home values 173% higher than the state median; an average commute of 32 minutes.
What is the median age in Tres Arroyos?
The median age in Tres Arroyos is 64.9 years (New Mexico: 39.4).
How long is the commute in Tres Arroyos?
The average commute to work in Tres Arroyos is 32 minutes; 25.3% of workers work from home.
What is the unemployment rate in Tres Arroyos?
The unemployment rate in Tres Arroyos is 5.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Tres Arroyos?
60.6% of adults in Tres Arroyos 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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