Bosque Farms, NM
Population 4,042 · New Mexico
About Bosque Farms, NM
Bosque Farms is a small town located in New Mexico with a population of 4,042 residents according to the latest US Census Bureau American Community Survey data. The median household income is $63,889 per year, which is 15% below the national median of $75,149. The median age of 48 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 Bosque Farms features a median home value of $261,900, which is 7% above the national median of $244,900. This positions Bosque Farms in a moderately priced market relative to the rest of the country. Median monthly rent is $869, 25% below the national average of $1,163/month. Of the 1,724 total housing units, 89% are owner-occupied (1,470 units) and 11% are renter-occupied (184 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Bosque Farms shows an unemployment rate of 7.1%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 20.8%, above the national average of 12.4%. Workers in Bosque Farms have an average one-way commute time of 27.6 minutes.
Education & Demographics
27.5% of Bosque Farms 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 20.8% White, 6.8% Hispanic or Latino, 0.6% Black or African American, and 31.0% Asian residents, with 3.6% of the population being foreign-born.
Cost of Living in Bosque Farms, NM
Compared to national averages, Bosque Farms has a median household income of $63,889 (15% below the national median of $75,149). Home values average $261,900, which is 7% above the national median. Monthly rent at $869 is 25% below the US average of $1,163. Within New Mexico, Bosque Farms's income is 5% below the state average of $67,435, and home values are 12% above the state median of $233,762.
Why Live in Bosque Farms, NM?
Bosque Farms offers rent that’s lower than the national average at $869/month.
Potential considerations include median household income ($63,889) that falls below the national average. However, Bosque Farms’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Bosque Farms has a population of 4,042 with a median age of 48 years. Compare Bosque Farms with other cities to see how it stacks up, or explore all cities in New Mexico.
Similar Cities Near Bosque Farms
Cities in New Mexico with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Holloman AFB | 4,052 | $51,205 | $0 | Compare |
| Meadow Lake | 3,959 | $38,872 | $83,500 | Compare |
| La Cienega | 3,780 | $68,676 | $417,900 | Compare |
| Placitas CDP (Sandoval County), New Mexico | 4,375 | $110,268 | $520,200 | Compare |
| Crouch Mesa | 4,419 | $56,676 | $76,800 | Compare |
| Lee Acres | 4,463 | $50,846 | $182,200 | Compare |
| Los Chaves | 4,641 | $81,320 | $240,500 | Compare |
| Paradise Hills | 4,662 | $74,403 | $241,300 | 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 Bosque Farms With Other Cities
Frequently Asked Questions about Bosque Farms
What is the population of Bosque Farms, NM?
The population of Bosque Farms, NM is 4,042 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 Bosque Farms?
The median household income in Bosque Farms, NM is $63,889 per year, which is 15% below the national median of $75,149.
What is the median home value in Bosque Farms?
The median home value in Bosque Farms, NM is $261,900, which is 7% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Bosque Farms?
The median monthly rent in Bosque Farms, NM is $869, which is 25% below the national average of $1,163/month.
What is the unemployment rate in Bosque Farms?
The unemployment rate in Bosque Farms, NM is 7.1%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Bosque Farms, NM a good place to live?
Bosque Farms offers a moderate cost of living, a competitive housing market, and growing employment opportunities. With a population of 4,042 and a median age of 48, the city appeals to established professionals and retirees.
How educated is Bosque Farms, NM?
27.5% of residents in Bosque Farms 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 Bosque Farms?
Key cost-of-living indicators for Bosque Farms, NM: median home value is $261,900 (7% above national), median rent is $869/month, and median household income is $63,889. The home-value-to-income ratio is 4.1x, a moderate figure by national standards.
What is the poverty rate in Bosque Farms?
The poverty rate in Bosque Farms, NM is 20.8%, 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 Bosque Farms, NM?
Bosque Farms's population is 20.8% White, 6.8% Hispanic or Latino, 0.6% Black or African American, 31.0% Asian, and 0.0% two or more races. 3.6% of residents are foreign-born.