Cedar Crest, NM
Population 746 · New Mexico
About Cedar Crest, NM
Cedar Crest is a small community located in New Mexico with a population of 746 residents according to the latest US Census Bureau American Community Survey data. The median household income is $143,750 per year, which is 91% above the national median of $75,149. The median age of 58.4 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 Cedar Crest features a median home value of $254,200, which is 4% above the national median of $244,900. This positions Cedar Crest 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 490 total housing units, 96% are owner-occupied (445 units) and 4% are renter-occupied (20 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Cedar Crest shows an unemployment rate of 2.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 11.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Cedar Crest have an average one-way commute time of 18.9 minutes, one of the shorter commutes in the region.
Education & Demographics
50.1% of Cedar Crest residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 2.8% White, 1.1% Hispanic or Latino, 0.0% Black or African American, and 13.0% Asian residents, with 0.7% of the population being foreign-born.
How Cedar Crest Ranks in New Mexico
Cost of Living in Cedar Crest, NM
Compared to national averages, Cedar Crest has a median household income of $143,750 (91% above the national median of $75,149). Home values average $254,200, which is 4% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within New Mexico, Cedar Crest's income is 113% above the state average of $67,435, and home values are 9% above the state median of $233,762.
Why Live in Cedar Crest, NM?
Cedar Crest offers a strong local economy with a median household income of $143,750, 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 2.0%. Additionally, the city features a well-educated community where 50.1% of residents hold a bachelor’s degree or higher, and a low poverty rate of 11.0%, better than the national average, and short commute times averaging just 18.9 minutes.
Cedar Crest has a population of 746 with a median age of 58.4 years. Compare Cedar Crest with other cities to see how it stacks up, or explore all cities in New Mexico.
Similar Cities Near Cedar Crest
Cities in New Mexico with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Chama | 748 | $0 | $194,300 | Compare |
| San Jose CDP (Rio Arriba County), New Mexico | 739 | $57,019 | $250,400 | Compare |
| Tatum | 736 | $0 | $107,400 | Compare |
| Los Luceros | 757 | $0 | $0 | Compare |
| Valle Vista | 759 | $36,481 | $226,900 | Compare |
| El Duende | 730 | $90,859 | $0 | Compare |
| Polvadera | 730 | $0 | $180,000 | Compare |
| San Pablo | 729 | $83,056 | $278,500 | 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 Cedar Crest With Other Cities
Frequently Asked Questions about Cedar Crest
What is the population of Cedar Crest, NM?
The population of Cedar Crest, NM is 746 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 Cedar Crest?
The median household income in Cedar Crest, NM is $143,750 per year, which is 91% above the national median of $75,149.
What is the median home value in Cedar Crest?
The median home value in Cedar Crest, NM is $254,200, which is 4% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Cedar Crest?
The median monthly rent in Cedar Crest, NM is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Cedar Crest?
The unemployment rate in Cedar Crest, NM is 2.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Cedar Crest, NM a good place to live?
Cedar Crest offers above-average incomes, a competitive housing market, and a strong job market. With a population of 746 and a median age of 58.4, the city appeals to established professionals and retirees.
How educated is Cedar Crest, NM?
50.1% of residents in Cedar Crest aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Cedar Crest?
Key cost-of-living indicators for Cedar Crest, NM: median home value is $254,200 (4% above national), median rent is $0/month, and median household income is $143,750. The home-value-to-income ratio is 1.8x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Cedar Crest?
The poverty rate in Cedar Crest, NM is 11.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Cedar Crest, NM?
Cedar Crest's population is 2.8% White, 1.1% Hispanic or Latino, 0.0% Black or African American, 13.0% Asian, and 0.0% two or more races. 0.7% of residents are foreign-born.