Bloomfield, NM
Population 7,391 · New Mexico
About Bloomfield, NM
Bloomfield is a small town located in New Mexico with a population of 7,391 residents according to the latest US Census Bureau American Community Survey data. The median household income is $51,212 per year, which is 32% below the national median of $75,149. The median age of 29.7 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Bloomfield features a median home value of $167,800, which is 31% below the national median of $244,900. This positions Bloomfield in a moderately priced market relative to the rest of the country. Median monthly rent is $831, 29% below the national average of $1,163/month. Of the 2,988 total housing units, 70% are owner-occupied (1,828 units) and 30% are renter-occupied (768 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Bloomfield shows an unemployment rate of 5.9%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 24.3%, above the national average of 12.4%. Workers in Bloomfield have an average one-way commute time of 23.9 minutes.
Education & Demographics
14.3% of Bloomfield 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 19.9% White, 22.9% Hispanic or Latino, 0.9% Black or African American, and 15.8% Asian residents, with 3.7% of the population being foreign-born.
How Bloomfield Ranks in New Mexico
Cost of Living in Bloomfield, NM
Compared to national averages, Bloomfield has a median household income of $51,212 (32% below the national median of $75,149). Home values average $167,800, which is 31% below the national median. Monthly rent at $831 is 29% below the US average of $1,163. Within New Mexico, Bloomfield's income is 24% below the state average of $67,435, and home values are 28% below the state median of $233,762.
Why Live in Bloomfield, NM?
Bloomfield offers affordable housing with a median home value of $167,800, below the US average of $244,900, and rent that’s lower than the national average at $831/month, and short commute times averaging just 23.9 minutes.
Potential considerations include median household income ($51,212) that falls below the national average. However, Bloomfield’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Bloomfield has a population of 7,391 with a median age of 29.7 years. Compare Bloomfield with other cities to see how it stacks up, or explore all cities in New Mexico.
Similar Cities Near Bloomfield
Cities in New Mexico with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Belen | 7,427 | $40,354 | $154,600 | Compare |
| Ruidoso | 7,701 | $50,259 | $229,100 | Compare |
| Taos | 6,468 | $46,579 | $432,700 | Compare |
| Shiprock | 8,339 | $41,563 | $101,500 | Compare |
| Socorro | 8,540 | $51,343 | $162,400 | Compare |
| Corrales | 8,557 | $114,207 | $549,700 | Compare |
| Aztec | 6,177 | $42,699 | $164,700 | Compare |
| Zuni Pueblo | 6,132 | $43,021 | $79,200 | 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 Bloomfield With Other Cities
Frequently Asked Questions about Bloomfield
What is the population of Bloomfield, NM?
The population of Bloomfield, NM is 7,391 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 Bloomfield?
The median household income in Bloomfield, NM is $51,212 per year, which is 32% below the national median of $75,149.
What is the median home value in Bloomfield?
The median home value in Bloomfield, NM is $167,800, which is 31% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Bloomfield?
The median monthly rent in Bloomfield, NM is $831, which is 29% below the national average of $1,163/month.
What is the unemployment rate in Bloomfield?
The unemployment rate in Bloomfield, NM is 5.9%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Bloomfield, NM a good place to live?
Bloomfield offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 7,391 and a median age of 29.7, the city appeals to young professionals and families.
How educated is Bloomfield, NM?
14.3% of residents in Bloomfield 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 Bloomfield?
Key cost-of-living indicators for Bloomfield, NM: median home value is $167,800 (31% below national), median rent is $831/month, and median household income is $51,212. The home-value-to-income ratio is 3.3x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Bloomfield?
The poverty rate in Bloomfield, NM is 24.3%, 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 Bloomfield, NM?
Bloomfield's population is 19.9% White, 22.9% Hispanic or Latino, 0.9% Black or African American, 15.8% Asian, and 0.2% two or more races. 3.7% of residents are foreign-born.