Living in Wagon Mound, New Mexico
Cost of living, income, home prices, rent and demographics of Wagon Mound · Census data 2020–2024
Wagon Mound has 557 residents with a median age of 62.2. The median household income is $43,672 (32% lower than the New Mexico median), the median rent is $769/month.
Wagon Mound is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Wagon Mound at a glance
- Population
- 557
- Median age
- 62.2State: 39.4
- Median household income
- $43,672State: $64,059
- Median rent
- $769/moState: $1,067
- Homeowners
- 67.7%
- Bachelor's degree or higher
- 34%
- Average commute
- 33 min
Is Wagon Mound a good place to live?
Pros: Unemployment of 2.9%; a poverty rate of 14.2%.
Cons: Median household income 32% lower than the New Mexico median; an average commute of 33 minutes.
The weather is best in May–June and September–October.
Cost of living in Wagon Mound
Housing is the biggest part of the cost of living. In Wagon Mound the median home value is —. Renters pay a median of $769 per month, which is 17.2% of household income. Homeowners with a mortgage pay $1,355 a month in housing costs.
Wagon Mound median household income
The median household income in Wagon Mound is $43,672 and the income per person is $29,841. 14.2% of residents live below the poverty line (New Mexico: 17.8%).
Housing in Wagon Mound: homes for sale and rent
- Housing units
- 337
- Owner-occupied
- 67.7%
- Renter-occupied
- 32.3%
- Vacant
- 20.2%Includes seasonal homes
- Median year built
- 1938
- Average household size
- 2.07
Wagon Mound demographics
- Population
- 557
- Median age
- 62.2
- Under 18
- 13.3%
- 65 and older
- 32%
- Households
- 269
- Foreign-born
- 0.4%
- Veterans
- 7.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Wagon Mound ›
Education in Wagon Mound
34% of adults 25 and older in Wagon Mound have a bachelor's degree or higher (New Mexico: 31%), and 7.9% have a graduate or professional degree.
Jobs and commute in Wagon Mound
- Unemployment rate
- 2.9%State: 6%
- Average commute
- 33 minState: 24 min
- Work from home
- 1.9%
- Drive alone
- 55.3%
- Public transit
- 0%
- Walk to work
- 0.8%
- Homes with broadband
- 71.4%
Wagon Mound vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Wagon Mound | 557 | $43,672 | — | $769 |
| Springer | 1,017 | $50,345 | $87,000 | $501 |
| Roy | 302 | $43,203 | — | $1,063 |
| Mora | 520 | $72,218 | $172,200 | — |
| Cimarron | 701 | $41,324 | $126,600 | $625 |
| Maxwell | 331 | $31,667 | $79,300 | $605 |
| Las Vegas | 13,000 | $45,125 | $155,300 | $792 |
| Angel Fire | 1,111 | $107,554 | $546,800 | $1,052 |
| Eagle Nest | 451 | $57,692 | $301,200 | $894 |
More for people moving to Wagon Mound
Wagon Mound ZIP code ›Weather and climate ›Living in Wagon Mound: FAQ
What is the median household income in Wagon Mound, NM?
The median household income in Wagon Mound is $43,672, 32% lower than the New Mexico median of $64,059 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How much is rent in Wagon Mound?
The median gross rent in Wagon Mound is $769 per month, about 17.2% of household income.
Is Wagon Mound, NM a good place to live?
Pluses: unemployment of 2.9%; a poverty rate of 14.2%. Minuses: median household income 32% lower than the New Mexico median; an average commute of 33 minutes.
What is the median age in Wagon Mound?
The median age in Wagon Mound is 62.2 years (New Mexico: 39.4).
How long is the commute in Wagon Mound?
The average commute to work in Wagon Mound is 33 minutes; 1.9% of workers work from home.
What is the unemployment rate in Wagon Mound?
The unemployment rate in Wagon Mound is 2.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Wagon Mound?
34% of adults in Wagon Mound 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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