Cordova, NM
Population 418 · New Mexico
About Cordova, NM
Cordova is a small community located in New Mexico with a population of 418 residents according to the latest US Census Bureau American Community Survey data. The median household income is $23,426 per year, which is 69% below the national median of $75,149. The median age of 15.8 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 Cordova features a median home value of $150,000, which is 39% below the national median of $244,900. This positions Cordova 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 231 total housing units, 100% are owner-occupied (162 units) and 0% are renter-occupied (0 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Cordova shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 65.1%, above the national average of 12.4%. Workers in Cordova have an average one-way commute time of 0 minutes, one of the shorter commutes in the region.
Education & Demographics
0.0% of Cordova residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 65.1% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 34.9% Asian residents, with 12.2% of the population being foreign-born.
Cost of Living in Cordova, NM
Compared to national averages, Cordova has a median household income of $23,426 (69% below the national median of $75,149). Home values average $150,000, which is 39% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within New Mexico, Cordova's income is 65% below the state average of $67,435, and home values are 36% below the state median of $233,762.
Why Live in Cordova, NM?
Cordova offers affordable housing with a median home value of $150,000, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features short commute times averaging just 0 minutes.
Potential considerations include median household income ($23,426) that falls below the national average. However, Cordova’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Cordova has a population of 418 with a median age of 15.8 years. Compare Cordova with other cities to see how it stacks up, or explore all cities in New Mexico.
Similar Cities Near Cordova
Cities in New Mexico with a similar population size.
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 Cordova With Other Cities
Frequently Asked Questions about Cordova
What is the population of Cordova, NM?
The population of Cordova, NM is 418 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 Cordova?
The median household income in Cordova, NM is $23,426 per year, which is 69% below the national median of $75,149.
What is the median home value in Cordova?
The median home value in Cordova, NM is $150,000, which is 39% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Cordova?
The median monthly rent in Cordova, NM is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Cordova?
The unemployment rate in Cordova, NM is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Cordova, NM a good place to live?
Cordova offers a moderate cost of living, affordable housing, and a strong job market. With a population of 418 and a median age of 15.8, the city appeals to young professionals and families.
How educated is Cordova, NM?
0.0% of residents in Cordova 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 Cordova?
Key cost-of-living indicators for Cordova, NM: median home value is $150,000 (39% below national), median rent is $0/month, and median household income is $23,426. The home-value-to-income ratio is 6.4x, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Cordova?
The poverty rate in Cordova, NM is 65.1%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Cordova, NM?
Cordova's population is 65.1% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 34.9% Asian, and 0.0% two or more races. 12.2% of residents are foreign-born.