Boles Acres, NM
Population 1,967 · New Mexico
About Boles Acres, NM
Boles Acres is a small town located in New Mexico with a population of 1,967 residents according to the latest US Census Bureau American Community Survey data. The median household income is $65,673 per year, which is 13% below the national median of $75,149. The median age of 52.2 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 Boles Acres features a median home value of $194,500, which is 21% below the national median of $244,900. This positions Boles Acres 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 869 total housing units, 95% are owner-occupied (709 units) and 5% are renter-occupied (36 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Boles Acres shows an unemployment rate of 1.4%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 11.7%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Boles Acres have an average one-way commute time of 31.4 minutes.
Education & Demographics
25.4% of Boles Acres 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 23.2% White, 2.7% Hispanic or Latino, 0.0% Black or African American, and 0.5% Asian residents, with 9.0% of the population being foreign-born.
How Boles Acres Ranks in New Mexico
Cost of Living in Boles Acres, NM
Compared to national averages, Boles Acres has a median household income of $65,673 (13% below the national median of $75,149). Home values average $194,500, which is 21% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within New Mexico, Boles Acres's income is 3% below the state average of $67,435, and home values are 17% below the state median of $233,762.
Why Live in Boles Acres, NM?
Boles Acres offers affordable housing with a median home value of $194,500, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 1.4%. Additionally, the city features a low poverty rate of 11.7%, better than the national average.
Potential considerations include median household income ($65,673) that falls below the national average. However, Boles Acres’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Boles Acres has a population of 1,967 with a median age of 52.2 years. Compare Boles Acres with other cities to see how it stacks up, or explore all cities in New Mexico.
Similar Cities Near Boles Acres
Cities in New Mexico with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Jarales | 1,939 | $52,961 | $166,100 | Compare |
| Picacho Hills | 1,995 | $124,250 | $438,600 | Compare |
| Angustura | 2,024 | $52,948 | $191,300 | Compare |
| Nambe | 2,045 | $45,341 | $259,700 | Compare |
| Tres Arroyos | 1,870 | $88,289 | $702,100 | Compare |
| Jal | 2,069 | $60,703 | $105,400 | Compare |
| Moriarty | 2,074 | $27,446 | $106,600 | Compare |
| Mesilla | 1,850 | $73,681 | $296,200 | 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 Boles Acres With Other Cities
Frequently Asked Questions about Boles Acres
What is the population of Boles Acres, NM?
The population of Boles Acres, NM is 1,967 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 Boles Acres?
The median household income in Boles Acres, NM is $65,673 per year, which is 13% below the national median of $75,149.
What is the median home value in Boles Acres?
The median home value in Boles Acres, NM is $194,500, which is 21% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Boles Acres?
The median monthly rent in Boles Acres, NM is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Boles Acres?
The unemployment rate in Boles Acres, NM is 1.4%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Boles Acres, NM a good place to live?
Boles Acres offers a moderate cost of living, affordable housing, and a strong job market. With a population of 1,967 and a median age of 52.2, the city appeals to established professionals and retirees.
How educated is Boles Acres, NM?
25.4% of residents in Boles Acres 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 Boles Acres?
Key cost-of-living indicators for Boles Acres, NM: median home value is $194,500 (21% below national), median rent is $0/month, and median household income is $65,673. The home-value-to-income ratio is 3.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Boles Acres?
The poverty rate in Boles Acres, NM is 11.7%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Boles Acres, NM?
Boles Acres's population is 23.2% White, 2.7% Hispanic or Latino, 0.0% Black or African American, 0.5% Asian, and 2.2% two or more races. 9.0% of residents are foreign-born.