Bayard, NM
Population 2,370 · New Mexico
About Bayard, NM
Bayard is a small community in New Mexico with a population of 2,370 residents. The median household income is $33,269 per year, which is below the national average. The median age in Bayard is 24.6 years.
Housing in Bayard has a median home value of $118,100 and median monthly rent of $653. Of the 1,151 total housing units, the majority are owner-occupied, with 510 owner-occupied and 288 renter-occupied units.
The unemployment rate in Bayard is 9.5% and the poverty rate is 31.6%. 22.4% of residents hold a bachelor's degree or higher. The average commute time is 15 minutes.
How Bayard Ranks in New Mexico
Cost of Living in Bayard, NM
Compared to national averages, Bayard has a median household income of $33,269 (56% below the national median of $75,149). Home values average $118,100, which is 52% below the national median. Monthly rent at $653 is 44% below the US average of $1,163. Within New Mexico, Bayard's income is 51% below the state average of $67,435, and home values are 49% below the state median of $233,762.
Why Live in Bayard, NM?
Bayard offers affordable housing with a median home value of $118,100, below the US average of $244,900, and rent that’s lower than the national average at $653/month, and short commute times averaging just 15 minutes.
Potential considerations include median household income ($33,269) that falls below the national average. However, Bayard’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Bayard has a population of 2,370 with a median age of 24.6 years. Compare Bayard with other cities to see how it stacks up, or explore all cities in New Mexico.
Similar Cities Near Bayard
Cities in New Mexico with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Center Point | 2,366 | $49,714 | $206,300 | Compare |
| Ranchos de Taos | 2,348 | $51,380 | $0 | Compare |
| Santa Rosa | 2,447 | $41,995 | $101,800 | Compare |
| Pojoaque | 2,274 | $68,188 | $154,300 | Compare |
| Jemez Pueblo | 2,273 | $59,102 | $190,000 | Compare |
| Milan | 2,473 | $37,551 | $71,300 | Compare |
| West Hammond | 2,519 | $49,795 | $185,800 | Compare |
| Valencia CDP (Valencia County), New Mexico | 2,219 | $70,521 | $242,400 | 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 Bayard With Other Cities
Frequently Asked Questions about Bayard
What is the population of Bayard, NM?
The population of Bayard, NM is 2,370 according to the latest Census data.
What is the median household income in Bayard?
The median household income in Bayard, NM is $33,269 per year.
What is the median home value in Bayard?
The median home value in Bayard, NM is $118,100.
What is the average rent in Bayard?
The median monthly rent in Bayard, NM is $653.
What is the unemployment rate in Bayard?
The unemployment rate in Bayard, NM is 9.5%.