Alamo, NM
Population 1,242 · New Mexico
About Alamo, NM
Alamo is a small town located in New Mexico with a population of 1,242 residents according to the latest US Census Bureau American Community Survey data. The median household income is $24,427 per year, which is 67% below the national median of $75,149. The median age of 39.3 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Alamo features a median home value of $9,999, which is 96% below the national median of $244,900. This makes Alamo one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 464 total housing units, 52% are owner-occupied (157 units) and 48% are renter-occupied (144 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Alamo shows an unemployment rate of 17.1%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 66.0%, above the national average of 12.4%. Workers in Alamo have an average one-way commute time of 21.1 minutes.
Education & Demographics
4.4% of Alamo residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.0% White, 96.9% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
How Alamo Ranks in New Mexico
Cost of Living in Alamo, NM
Compared to national averages, Alamo has a median household income of $24,427 (67% below the national median of $75,149). Home values average $9,999, which is 96% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within New Mexico, Alamo's income is 64% below the state average of $67,435, and home values are 96% below the state median of $233,762.
Why Live in Alamo, NM?
Alamo offers affordable housing with a median home value of $9,999, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and short commute times averaging just 21.1 minutes.
Potential considerations include median household income ($24,427) that falls below the national average. However, Alamo’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Alamo has a population of 1,242 with a median age of 39.3 years. Compare Alamo with other cities to see how it stacks up, or explore all cities in New Mexico.
Similar Cities Near Alamo
Cities in New Mexico with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Capitan | 1,262 | $50,299 | $128,800 | Compare |
| Waterflow | 1,215 | $60,278 | $167,700 | Compare |
| Iyanbito | 1,213 | $46,667 | $58,500 | Compare |
| Cloudcroft | 1,275 | $38,428 | $200,000 | Compare |
| Algodones | 1,198 | $63,750 | $236,500 | Compare |
| Taos Pueblo | 1,294 | $36,979 | $315,000 | Compare |
| Ohkay Owingeh | 1,178 | $65,179 | $2,000,001 | Compare |
| Mountainair | 1,308 | $41,678 | $97,000 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in New Mexico
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Alamo With Other Cities
Frequently Asked Questions about Alamo
What is the population of Alamo, NM?
The population of Alamo, NM is 1,242 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in New Mexico.
What is the median household income in Alamo?
The median household income in Alamo, NM is $24,427 per year, which is 67% below the national median of $75,149.
What is the median home value in Alamo?
The median home value in Alamo, NM is $9,999, which is 96% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Alamo?
The median monthly rent in Alamo, NM is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Alamo?
The unemployment rate in Alamo, NM is 17.1%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Alamo, NM a good place to live?
Alamo offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 1,242 and a median age of 39.3, the city appeals to a broad range of residents.
How educated is Alamo, NM?
4.4% of residents in Alamo aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Alamo?
Key cost-of-living indicators for Alamo, NM: median home value is $9,999 (96% below national), median rent is $0/month, and median household income is $24,427. The home-value-to-income ratio is 0.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Alamo?
The poverty rate in Alamo, NM is 66.0%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Alamo, NM?
Alamo's population is 0.0% White, 96.9% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.