Conejo, NM
Population 507 · New Mexico
About Conejo, NM
Conejo is a small community located in New Mexico with a population of 507 residents according to the latest US Census Bureau American Community Survey data. The median household income is $101,685 per year, which is 35% above the national median of $75,149. The median age of 59.7 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 Conejo features a median home value of $987,000, which is 303% above the national median of $244,900. This places Conejo in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $2,029, 74% above the national average of $1,163/month. Of the 271 total housing units, 68% are owner-occupied (183 units) and 32% are renter-occupied (88 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Conejo shows an unemployment rate of 4.6%, which is near the national rate of 3.7%. The poverty rate stands at 9.5%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Conejo have an average one-way commute time of 16.3 minutes, one of the shorter commutes in the region.
Education & Demographics
75.0% of Conejo 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 4.9% White, 13.0% Hispanic or Latino, 0.0% Black or African American, and 8.5% Asian residents, with 1.2% of the population being foreign-born.
How Conejo Ranks in New Mexico
Cost of Living in Conejo, NM
Compared to national averages, Conejo has a median household income of $101,685 (35% above the national median of $75,149). Home values average $987,000, which is 303% above the national median. Monthly rent at $2,029 is 74% above the US average of $1,163. Within New Mexico, Conejo's income is 51% above the state average of $67,435, and home values are 322% above the state median of $233,762.
Why Live in Conejo, NM?
Conejo offers a strong local economy with a median household income of $101,685, well above the national average, and a well-educated community where 75.0% of residents hold a bachelor’s degree or higher, and a low poverty rate of 9.5%, better than the national average. Additionally, the city features short commute times averaging just 16.3 minutes.
Potential considerations include a competitive housing market where the typical home costs $987,000. However, Conejo’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Conejo has a population of 507 with a median age of 59.7 years. Compare Conejo with other cities to see how it stacks up, or explore all cities in New Mexico.
Similar Cities Near Conejo
Cities in New Mexico with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Cuyamungue | 511 | $67,125 | $324,000 | Compare |
| Costilla | 498 | $0 | $0 | Compare |
| Brimhall Nizhoni | 497 | $44,167 | $67,500 | Compare |
| Mora | 518 | $69,063 | $213,600 | Compare |
| Pueblo of Sandia Village | 494 | $0 | $209,600 | Compare |
| Fruitland | 521 | $138,500 | $160,000 | Compare |
| Cañada de los Alamos | 487 | $80,460 | $450,400 | Compare |
| Sundance | 527 | $35,833 | $36,100 | 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 Conejo With Other Cities
Frequently Asked Questions about Conejo
What is the population of Conejo, NM?
The population of Conejo, NM is 507 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 Conejo?
The median household income in Conejo, NM is $101,685 per year, which is 35% above the national median of $75,149.
What is the median home value in Conejo?
The median home value in Conejo, NM is $987,000, which is 303% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Conejo?
The median monthly rent in Conejo, NM is $2,029, which is 74% above the national average of $1,163/month.
What is the unemployment rate in Conejo?
The unemployment rate in Conejo, NM is 4.6%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Conejo, NM a good place to live?
Conejo offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 507 and a median age of 59.7, the city appeals to established professionals and retirees.
How educated is Conejo, NM?
75.0% of residents in Conejo 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 Conejo?
Key cost-of-living indicators for Conejo, NM: median home value is $987,000 (303% above national), median rent is $2,029/month, and median household income is $101,685. The home-value-to-income ratio is 9.7x, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Conejo?
The poverty rate in Conejo, NM is 9.5%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Conejo, NM?
Conejo's population is 4.9% White, 13.0% Hispanic or Latino, 0.0% Black or African American, 8.5% Asian, and 0.0% two or more races. 1.2% of residents are foreign-born.