Living in Tucumcari, New Mexico
Cost of living, income, home prices, rent and demographics of Tucumcari · Census data 2020–2024
Tucumcari has 5,160 residents with a median age of 44.7. The median household income is $31,844 (50% lower than the New Mexico median), the median home value is $64,100, the median rent is $704/month.
Tucumcari at a glance
- Population
- 5,160
- Median age
- 44.7State: 39.4
- Median household income
- $31,844State: $64,059
- Median home value
- $64,100State: $248,100
- Median rent
- $704/moState: $1,067
- Homeowners
- 68.6%
- Bachelor's degree or higher
- 18.5%
- Average commute
- 8 min
Is Tucumcari a good place to live?
Pros: Home values 74% lower than the state median; an average commute of 8 minutes.
Cons: Median household income 50% lower than the New Mexico median; unemployment of 11.2%; a poverty rate of 34.3%.
The weather is best in April–May and September–October.
Cost of living in Tucumcari
Housing is the biggest part of the cost of living. In Tucumcari the median home value is $64,100, 81% lower than the U.S. median. Renters pay a median of $704 per month, which is 32.6% of household income. Homeowners with a mortgage pay $868 a month in housing costs.
Tucumcari median household income
The median household income in Tucumcari is $31,844 and the income per person is $28,999. 34.3% of residents live below the poverty line (New Mexico: 17.8%).
Housing in Tucumcari: homes for sale and rent
- Housing units
- 3,203
- Owner-occupied
- 68.6%
- Renter-occupied
- 31.4%
- Vacant
- 15.1%Includes seasonal homes
- Median year built
- 1960
- Average household size
- 1.87
Tucumcari demographics
- Population
- 5,160
- Median age
- 44.7
- Under 18
- 21.4%
- 65 and older
- 18.7%
- Households
- 2,720
- Foreign-born
- 0.2%
- Veterans
- 12.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Tucumcari ›
Education in Tucumcari
18.5% of adults 25 and older in Tucumcari have a bachelor's degree or higher (New Mexico: 31%), and 8.2% have a graduate or professional degree.
Jobs and commute in Tucumcari
- Unemployment rate
- 11.2%State: 6%
- Average commute
- 8 minState: 24 min
- Work from home
- 2.9%
- Drive alone
- 83.6%
- Public transit
- 0%
- Walk to work
- 3.3%
- Homes with broadband
- 73.5%
Tucumcari vs nearby towns
More for people moving to Tucumcari
Tucumcari ZIP code ›Weather and climate ›Living in Tucumcari: FAQ
What is the median household income in Tucumcari, NM?
The median household income in Tucumcari is $31,844, 50% 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 Tucumcari?
The median home value in Tucumcari is $64,100, compared with $248,100 in New Mexico.
How much is rent in Tucumcari?
The median gross rent in Tucumcari is $704 per month, about 32.6% of household income.
Is Tucumcari, NM a good place to live?
Pluses: home values 74% lower than the state median; an average commute of 8 minutes. Minuses: median household income 50% lower than the New Mexico median; unemployment of 11.2%; a poverty rate of 34.3%.
What is the median age in Tucumcari?
The median age in Tucumcari is 44.7 years (New Mexico: 39.4).
How long is the commute in Tucumcari?
The average commute to work in Tucumcari is 8 minutes; 2.9% of workers work from home.
What is the unemployment rate in Tucumcari?
The unemployment rate in Tucumcari is 11.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Tucumcari?
18.5% of adults in Tucumcari 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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