Living in Waterflow, New Mexico
Cost of living, income, home prices, rent and demographics of Waterflow · Census data 2020–2024
Waterflow has 1,140 residents with a median age of 34.5. The median household income is $61,429 (4% lower than the New Mexico median), the median home value is $167,400, the median rent is $1,572/month.
Waterflow is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Waterflow at a glance
- Population
- 1,140
- Median age
- 34.5State: 39.4
- Median household income
- $61,429State: $64,059
- Median home value
- $167,400State: $248,100
- Median rent
- $1,572/moState: $1,067
- Homeowners
- 59.3%
- Bachelor's degree or higher
- 14.3%
- Average commute
- 20 min
Is Waterflow a good place to live?
Pros: Home values 33% lower than the state median; an average commute of 20 minutes; a poverty rate of 12.7%.
Cons: Median household income 4% lower than the New Mexico median; unemployment of 10.5%.
The weather is best in April–May and September–October.
Cost of living in Waterflow
Housing is the biggest part of the cost of living. In Waterflow the median home value is $167,400, 50% lower than the U.S. median. Renters pay a median of $1,572 per month, which is 22.4% of household income. Homeowners with a mortgage pay $1,799 a month in housing costs.
Waterflow median household income
The median household income in Waterflow is $61,429 and the income per person is $24,496. 12.7% of residents live below the poverty line (New Mexico: 17.8%).
Housing in Waterflow: homes for sale and rent
- Housing units
- 521
- Owner-occupied
- 59.3%
- Renter-occupied
- 40.7%
- Vacant
- 24%Includes seasonal homes
- Median year built
- 1991
- Average household size
- 2.88
Waterflow demographics
- Population
- 1,140
- Median age
- 34.5
- Under 18
- 33.9%
- 65 and older
- 14.1%
- Households
- 396
- Foreign-born
- 3.5%
- Veterans
- 2.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Waterflow ›
Education in Waterflow
14.3% of adults 25 and older in Waterflow have a bachelor's degree or higher (New Mexico: 31%), and 5.9% have a graduate or professional degree.
Jobs and commute in Waterflow
- Unemployment rate
- 10.5%State: 6%
- Average commute
- 20 minState: 24 min
- Work from home
- 18%
- Drive alone
- 65.4%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 86.6%
Waterflow vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Waterflow | 1,140 | $61,429 | $167,400 | $1,572 |
| Nenahnezad | 406 | $37,361 | $68,400 | — |
| Fruitland | 574 | $142,750 | — | — |
| Kirtland | 465 | $100,000 | $291,300 | $920 |
| Ojo Amarillo | 411 | $20,729 | — | $767 |
| Upper Fruitland | 1,457 | $49,453 | $86,200 | — |
| Shiprock | 7,610 | $35,900 | $104,400 | $694 |
| Napi Headquarters | 717 | $28,831 | — | $439 |
| Farmington | 46,314 | $68,784 | $233,000 | $1,037 |
More for people moving to Waterflow
Waterflow ZIP code ›Weather and climate ›Living in Waterflow: FAQ
What is the median household income in Waterflow, NM?
The median household income in Waterflow is $61,429, 4% 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 Waterflow?
The median home value in Waterflow is $167,400, compared with $248,100 in New Mexico.
How much is rent in Waterflow?
The median gross rent in Waterflow is $1,572 per month, about 22.4% of household income.
Is Waterflow, NM a good place to live?
Pluses: home values 33% lower than the state median; an average commute of 20 minutes; a poverty rate of 12.7%. Minuses: median household income 4% lower than the New Mexico median; unemployment of 10.5%.
What is the median age in Waterflow?
The median age in Waterflow is 34.5 years (New Mexico: 39.4).
How long is the commute in Waterflow?
The average commute to work in Waterflow is 20 minutes; 18% of workers work from home.
What is the unemployment rate in Waterflow?
The unemployment rate in Waterflow is 10.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Waterflow?
14.3% of adults in Waterflow 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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