Encantado, NM
Population 140 · New Mexico
About Encantado, NM
Encantado is a small community in New Mexico with a population of 140 residents. The median household income is $196,058 per year, which is above the national average. The median age in Encantado is 68.3 years.
Housing in Encantado has a median home value of $846,900 and median monthly rent of $0. Of the 109 total housing units, the majority are owner-occupied, with 75 owner-occupied and 0 renter-occupied units.
The unemployment rate in Encantado is 0.0% and the poverty rate is 39.3%. 60.7% of residents hold a bachelor's degree or higher. The average commute time is 0 minutes.
How Encantado Ranks in New Mexico
Cost of Living in Encantado, NM
Compared to national averages, Encantado has a median household income of $196,058 (161% above the national median of $75,149). Home values average $846,900, which is 246% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within New Mexico, Encantado's income is 191% above the state average of $67,435, and home values are 262% above the state median of $233,762.
Why Live in Encantado, NM?
Encantado offers a strong local economy with a median household income of $196,058, 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 0.0%. Additionally, the city features a well-educated community where 60.7% of residents hold a bachelor’s degree or higher, and short commute times averaging just 0 minutes.
Potential considerations include a competitive housing market where the typical home costs $846,900. However, Encantado’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Encantado has a population of 140 with a median age of 68.3 years. Compare Encantado 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 Encantado
What is the population of Encantado, NM?
The population of Encantado, NM is 140 according to the latest Census data.
What is the median household income in Encantado?
The median household income in Encantado, NM is $196,058 per year.
What is the median home value in Encantado?
The median home value in Encantado, NM is $846,900.
What is the average rent in Encantado?
The median monthly rent in Encantado, NM is $0.
What is the unemployment rate in Encantado?
The unemployment rate in Encantado, NM is 0.0%.