Cannon AFB, NM
Population 2,876 · New Mexico
About Cannon AFB, NM
Cannon AFB is a small town located in New Mexico with a population of 2,876 residents according to the latest US Census Bureau American Community Survey data. The median household income is $67,132 per year, which is 11% below the national median of $75,149. The median age of 22.8 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 Cannon AFB features a median home value of $0, which is 100% below the national median of $244,900. This makes Cannon AFB one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $1,272, 9% above the national average of $1,163/month. Of the 830 total housing units, 0% are owner-occupied (0 units) and 100% are renter-occupied (756 units). The higher proportion of renters may reflect a transient population, younger demographics, or high housing costs relative to income.
Economy & Employment
The local economy in Cannon AFB shows an unemployment rate of 18.8%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 8.6%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Cannon AFB have an average one-way commute time of 8.7 minutes, one of the shorter commutes in the region.
Education & Demographics
33.6% of Cannon AFB 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 22.1% White, 7.1% Hispanic or Latino, 3.6% Black or African American, and 2.6% Asian residents, with 4.1% of the population being foreign-born.
Cost of Living in Cannon AFB, NM
Compared to national averages, Cannon AFB has a median household income of $67,132 (11% below the national median of $75,149). Home values average $0, which is 100% below the national median. Monthly rent at $1,272 is 9% above the US average of $1,163. Within New Mexico, Cannon AFB's income is 0% below the state average of $67,435, and home values are 100% below the state median of $233,762.
Why Live in Cannon AFB, NM?
Cannon AFB offers affordable housing with a median home value of $0, below the US average of $244,900, and a low poverty rate of 8.6%, better than the national average, and short commute times averaging just 8.7 minutes.
Potential considerations include median household income ($67,132) that falls below the national average. However, Cannon AFB’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Cannon AFB has a population of 2,876 with a median age of 22.8 years. Compare Cannon AFB with other cities to see how it stacks up, or explore all cities in New Mexico.
Similar Cities Near Cannon AFB
Cities in New Mexico with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Agua Fria | 2,842 | $47,438 | $264,900 | Compare |
| Crownpoint | 2,924 | $35,926 | $49,900 | Compare |
| Dulce | 2,782 | $41,886 | $58,100 | Compare |
| Eunice | 2,989 | $49,795 | $164,900 | Compare |
| Chimayo | 2,726 | $52,305 | $214,000 | Compare |
| University Park | 2,699 | $25,433 | $0 | Compare |
| Clayton | 2,680 | $40,192 | $111,500 | Compare |
| Sandia Heights | 3,083 | $151,538 | $623,500 | 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 Cannon AFB With Other Cities
Frequently Asked Questions about Cannon AFB
What is the population of Cannon AFB, NM?
The population of Cannon AFB, NM is 2,876 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 Cannon AFB?
The median household income in Cannon AFB, NM is $67,132 per year, which is 11% below the national median of $75,149.
What is the median home value in Cannon AFB?
The median home value in Cannon AFB, NM is $0, which is 100% below the national median of $244,900. A significant portion of residents rent their homes.
What is the average rent in Cannon AFB?
The median monthly rent in Cannon AFB, NM is $1,272, which is 9% above the national average of $1,163/month.
What is the unemployment rate in Cannon AFB?
The unemployment rate in Cannon AFB, NM is 18.8%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Cannon AFB, NM a good place to live?
Cannon AFB offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 2,876 and a median age of 22.8, the city appeals to young professionals and families.
How educated is Cannon AFB, NM?
33.6% of residents in Cannon AFB 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 Cannon AFB?
Key cost-of-living indicators for Cannon AFB, NM: median home value is $0 (100% below national), median rent is $1,272/month, and median household income is $67,132. The home-value-to-income ratio is 0.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Cannon AFB?
The poverty rate in Cannon AFB, NM is 8.6%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Cannon AFB, NM?
Cannon AFB's population is 22.1% White, 7.1% Hispanic or Latino, 3.6% Black or African American, 2.6% Asian, and 6.6% two or more races. 4.1% of residents are foreign-born.