Cedro, NM
Population 417 · New Mexico
About Cedro, NM
Cedro is a small community located in New Mexico with a population of 417 residents according to the latest US Census Bureau American Community Survey data. The median household income is $117,846 per year, which is 57% above the national median of $75,149. The median age of 52.5 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 Cedro features a median home value of $296,300, which is 21% above the national median of $244,900. This positions Cedro 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 237 total housing units, 86% are owner-occupied (205 units) and 14% are renter-occupied (32 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Cedro shows an unemployment rate of 8.5%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 11.3%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Cedro have an average one-way commute time of 31 minutes.
Education & Demographics
35.5% of Cedro 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 30.2% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 5.0% of the population being foreign-born.
How Cedro Ranks in New Mexico
Cost of Living in Cedro, NM
Compared to national averages, Cedro has a median household income of $117,846 (57% above the national median of $75,149). Home values average $296,300, which is 21% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within New Mexico, Cedro's income is 75% above the state average of $67,435, and home values are 27% above the state median of $233,762.
Why Live in Cedro, NM?
Cedro offers a strong local economy with a median household income of $117,846, well above the national average, and rent that’s lower than the national average at $0/month, and a well-educated community where 35.5% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 11.3%, better than the national average.
Cedro has a population of 417 with a median age of 52.5 years. Compare Cedro with other cities to see how it stacks up, or explore all cities in New Mexico.
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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 Cedro
What is the population of Cedro, NM?
The population of Cedro, NM is 417 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 Cedro?
The median household income in Cedro, NM is $117,846 per year, which is 57% above the national median of $75,149.
What is the median home value in Cedro?
The median home value in Cedro, NM is $296,300, which is 21% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Cedro?
The median monthly rent in Cedro, NM is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Cedro?
The unemployment rate in Cedro, NM is 8.5%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Cedro, NM a good place to live?
Cedro offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 417 and a median age of 52.5, the city appeals to established professionals and retirees.
How educated is Cedro, NM?
35.5% of residents in Cedro 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 Cedro?
Key cost-of-living indicators for Cedro, NM: median home value is $296,300 (21% above national), median rent is $0/month, and median household income is $117,846. The home-value-to-income ratio is 2.5x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Cedro?
The poverty rate in Cedro, NM is 11.3%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Cedro, NM?
Cedro's population is 30.2% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 5.0% of residents are foreign-born.