Casa Colorada, NM
Population 320 · New Mexico
About Casa Colorada, NM
Casa Colorada is a small community located in New Mexico with a population of 320 residents according to the latest US Census Bureau American Community Survey data. The median household income is $0 per year, which is 100% below the national median of $75,149. The median age of 46 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 Casa Colorada features a median home value of $222,100, which is 9% below the national median of $244,900. This positions Casa Colorada 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 151 total housing units, 100% are owner-occupied (127 units) and 0% are renter-occupied (0 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Casa Colorada shows an unemployment rate of 6.9%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 4.7%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Casa Colorada have an average one-way commute time of 28 minutes.
Education & Demographics
28.6% of Casa Colorada 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 15.9% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 32.8% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Casa Colorada, NM
Compared to national averages, Casa Colorada has a median household income of $0 (100% below the national median of $75,149). Home values average $222,100, which is 9% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within New Mexico, Casa Colorada's income is 100% below the state average of $67,435, and home values are 5% below the state median of $233,762.
Why Live in Casa Colorada, NM?
Casa Colorada offers affordable housing with a median home value of $222,100, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a low poverty rate of 4.7%, better than the national average.
Potential considerations include median household income ($0) that falls below the national average. However, Casa Colorada’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Casa Colorada has a population of 320 with a median age of 46 years. Compare Casa Colorada with other cities to see how it stacks up, or explore all cities in New Mexico.
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Demographics
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Economy & Education
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Casa Colorada
What is the population of Casa Colorada, NM?
The population of Casa Colorada, NM is 320 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 Casa Colorada?
The median household income in Casa Colorada, NM is $0 per year, which is 100% below the national median of $75,149.
What is the median home value in Casa Colorada?
The median home value in Casa Colorada, NM is $222,100, which is 9% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Casa Colorada?
The median monthly rent in Casa Colorada, NM is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Casa Colorada?
The unemployment rate in Casa Colorada, NM is 6.9%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Casa Colorada, NM a good place to live?
Casa Colorada offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 320 and a median age of 46, the city appeals to established professionals and retirees.
How educated is Casa Colorada, NM?
28.6% of residents in Casa Colorada 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 Casa Colorada?
Key cost-of-living indicators for Casa Colorada, NM: median home value is $222,100 (9% below national), median rent is $0/month, and median household income is $0. The home-value-to-income ratio is Infinityx, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Casa Colorada?
The poverty rate in Casa Colorada, NM is 4.7%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Casa Colorada, NM?
Casa Colorada's population is 15.9% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 32.8% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.