Estancia, NM
Population 1,399 · New Mexico
About Estancia, NM
Estancia is a small town located in New Mexico with a population of 1,399 residents according to the latest US Census Bureau American Community Survey data. The median household income is $34,559 per year, which is 54% below the national median of $75,149. The median age of 46.3 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 Estancia features a median home value of $95,800, which is 61% below the national median of $244,900. This makes Estancia one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $823, 29% below the national average of $1,163/month. Of the 612 total housing units, 76% are owner-occupied (401 units) and 24% are renter-occupied (125 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Estancia shows an unemployment rate of 42.6%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 21.3%, above the national average of 12.4%. Workers in Estancia have an average one-way commute time of 25.4 minutes.
Education & Demographics
8.5% of Estancia 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 42.2% White, 0.9% Hispanic or Latino, 0.0% Black or African American, and 18.2% Asian residents, with 11.4% of the population being foreign-born.
Cost of Living in Estancia, NM
Compared to national averages, Estancia has a median household income of $34,559 (54% below the national median of $75,149). Home values average $95,800, which is 61% below the national median. Monthly rent at $823 is 29% below the US average of $1,163. Within New Mexico, Estancia's income is 49% below the state average of $67,435, and home values are 59% below the state median of $233,762.
Why Live in Estancia, NM?
Estancia offers affordable housing with a median home value of $95,800, below the US average of $244,900, and rent that’s lower than the national average at $823/month.
Potential considerations include median household income ($34,559) that falls below the national average. However, Estancia’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Estancia has a population of 1,399 with a median age of 46.3 years. Compare Estancia with other cities to see how it stacks up, or explore all cities in New Mexico.
Similar Cities Near Estancia
Cities in New Mexico with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Paraje | 1,405 | $30,284 | $0 | Compare |
| Church Rock | 1,413 | $35,417 | $36,500 | Compare |
| San Felipe Pueblo | 1,420 | $55,385 | $255,400 | Compare |
| Berino | 1,429 | $37,614 | $0 | Compare |
| El Rancho | 1,432 | $78,594 | $257,100 | Compare |
| Sandia Knolls | 1,436 | $102,801 | $286,400 | Compare |
| La Villita | 1,440 | $130,357 | $259,500 | Compare |
| Keeler Farm | 1,450 | $43,750 | $121,800 | 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 Estancia With Other Cities
Frequently Asked Questions about Estancia
What is the population of Estancia, NM?
The population of Estancia, NM is 1,399 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in New Mexico.
What is the median household income in Estancia?
The median household income in Estancia, NM is $34,559 per year, which is 54% below the national median of $75,149.
What is the median home value in Estancia?
The median home value in Estancia, NM is $95,800, which is 61% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Estancia?
The median monthly rent in Estancia, NM is $823, which is 29% below the national average of $1,163/month.
What is the unemployment rate in Estancia?
The unemployment rate in Estancia, NM is 42.6%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Estancia, NM a good place to live?
Estancia offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 1,399 and a median age of 46.3, the city appeals to established professionals and retirees.
How educated is Estancia, NM?
8.5% of residents in Estancia 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 Estancia?
Key cost-of-living indicators for Estancia, NM: median home value is $95,800 (61% below national), median rent is $823/month, and median household income is $34,559. The home-value-to-income ratio is 2.8x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Estancia?
The poverty rate in Estancia, NM is 21.3%, 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 Estancia, NM?
Estancia's population is 42.2% White, 0.9% Hispanic or Latino, 0.0% Black or African American, 18.2% Asian, and 0.5% two or more races. 11.4% of residents are foreign-born.