Algodones, NM
Population 1,198 · New Mexico
About Algodones, NM
Algodones is a small community in New Mexico with a population of 1,198 residents. The median household income is $63,750 per year, which is near the national average. The median age in Algodones is 54.8 years.
Housing in Algodones has a median home value of $236,500 and median monthly rent of $0. Of the 587 total housing units, the majority are owner-occupied, with 463 owner-occupied and 85 renter-occupied units.
The unemployment rate in Algodones is 7.0% and the poverty rate is 16.6%. 22.1% of residents hold a bachelor's degree or higher. The average commute time is 34 minutes.
Cost of Living in Algodones, NM
Compared to national averages, Algodones has a median household income of $63,750 (15% below the national median of $75,149). Home values average $236,500, which is 3% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within New Mexico, Algodones's income is 5% below the state average of $67,435, and home values are 1% above the state median of $233,762.
Why Live in Algodones, NM?
Algodones offers affordable housing with a median home value of $236,500, below the US average of $244,900, and rent that’s lower than the national average at $0/month.
Potential considerations include median household income ($63,750) that falls below the national average. However, Algodones’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Algodones has a population of 1,198 with a median age of 54.8 years. Compare Algodones with other cities to see how it stacks up, or explore all cities in New Mexico.
Similar Cities Near Algodones
Cities in New Mexico with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Iyanbito | 1,213 | $46,667 | $58,500 | Compare |
| Waterflow | 1,215 | $60,278 | $167,700 | Compare |
| Ohkay Owingeh | 1,178 | $65,179 | $2,000,001 | Compare |
| Rock Springs | 1,166 | $93,333 | $17,100 | Compare |
| Alamo | 1,242 | $24,427 | $9,999 | Compare |
| Doña Ana | 1,154 | $28,346 | $107,500 | Compare |
| Columbus | 1,147 | $24,554 | $91,400 | Compare |
| Pecos | 1,145 | $69,327 | $260,000 | 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 Algodones With Other Cities
Frequently Asked Questions about Algodones
What is the population of Algodones, NM?
The population of Algodones, NM is 1,198 according to the latest Census data.
What is the median household income in Algodones?
The median household income in Algodones, NM is $63,750 per year.
What is the median home value in Algodones?
The median home value in Algodones, NM is $236,500.
What is the average rent in Algodones?
The median monthly rent in Algodones, NM is $0.
What is the unemployment rate in Algodones?
The unemployment rate in Algodones, NM is 7.0%.