Bluewater, NM
Population 241 · New Mexico
About Bluewater, NM
Bluewater is a small community located in New Mexico with a population of 241 residents according to the latest US Census Bureau American Community Survey data. The median household income is $121,083 per year, which is 61% above the national median of $75,149. The median age of 60.8 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Bluewater features a median home value of $268,100, which is 9% above the national median of $244,900. This positions Bluewater in a moderately priced market relative to the rest of the country. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 129 total housing units, 100% are owner-occupied (106 units) and 0% are renter-occupied (0 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Bluewater shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 0.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Bluewater have an average one-way commute time of 0 minutes, one of the shorter commutes in the region.
Education & Demographics
32.4% of Bluewater residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 39.4% Asian residents, with 0.0% of the population being foreign-born.
How Bluewater Ranks in New Mexico
Cost of Living in Bluewater, NM
Compared to national averages, Bluewater has a median household income of $121,083 (61% above the national median of $75,149). Home values average $268,100, which is 9% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within New Mexico, Bluewater's income is 80% above the state average of $67,435, and home values are 15% above the state median of $233,762.
Why Live in Bluewater, NM?
Bluewater offers a strong local economy with a median household income of $121,083, well above the national average, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a low poverty rate of 0.0%, better than the national average, and short commute times averaging just 0 minutes.
Bluewater has a population of 241 with a median age of 60.8 years. Compare Bluewater with other cities to see how it stacks up, or explore all cities in New Mexico.
Similar Cities Near Bluewater
Cities in New Mexico with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Navajo Dam | 240 | $0 | $213,600 | Compare |
| Totah Vista | 240 | $0 | $0 | Compare |
| Alcalde | 237 | $45,781 | $231,300 | Compare |
| Cotton City | 236 | $56,688 | $191,700 | Compare |
| Medanales | 246 | $0 | $0 | Compare |
| Willard | 246 | $0 | $96,300 | Compare |
| Anton Chico | 235 | $0 | $0 | Compare |
| Madrid | 248 | $0 | $380,000 | 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 Bluewater With Other Cities
Frequently Asked Questions about Bluewater
What is the population of Bluewater, NM?
The population of Bluewater, NM is 241 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in New Mexico.
What is the median household income in Bluewater?
The median household income in Bluewater, NM is $121,083 per year, which is 61% above the national median of $75,149.
What is the median home value in Bluewater?
The median home value in Bluewater, NM is $268,100, which is 9% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Bluewater?
The median monthly rent in Bluewater, NM is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Bluewater?
The unemployment rate in Bluewater, NM is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Bluewater, NM a good place to live?
Bluewater offers above-average incomes, a competitive housing market, and a strong job market. With a population of 241 and a median age of 60.8, the city appeals to established professionals and retirees.
How educated is Bluewater, NM?
32.4% of residents in Bluewater 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 Bluewater?
Key cost-of-living indicators for Bluewater, NM: median home value is $268,100 (9% above national), median rent is $0/month, and median household income is $121,083. The home-value-to-income ratio is 2.2x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Bluewater?
The poverty rate in Bluewater, NM is 0.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Bluewater, NM?
Bluewater's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 39.4% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.