Fairacres, NM
Population 395 · New Mexico
About Fairacres, NM
Fairacres is a small community in New Mexico with a population of 395 residents. The median household income is $0 per year, which is below the national average. The median age in Fairacres is 43.9 years.
Housing in Fairacres has a median home value of $215,800 and median monthly rent of $0. Of the 153 total housing units, the majority are owner-occupied, with 147 owner-occupied and 6 renter-occupied units.
The unemployment rate in Fairacres is 9.9% and the poverty rate is 27.6%. 21.5% of residents hold a bachelor's degree or higher. The average commute time is 20.5 minutes.
Cost of Living in Fairacres, NM
Compared to national averages, Fairacres has a median household income of $0 (100% below the national median of $75,149). Home values average $215,800, which is 12% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within New Mexico, Fairacres's income is 100% below the state average of $67,435, and home values are 8% below the state median of $233,762.
Why Live in Fairacres, NM?
Fairacres offers affordable housing with a median home value of $215,800, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and short commute times averaging just 20.5 minutes.
Potential considerations include median household income ($0) that falls below the national average. However, Fairacres’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Fairacres has a population of 395 with a median age of 43.9 years. Compare Fairacres 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 Fairacres
What is the population of Fairacres, NM?
The population of Fairacres, NM is 395 according to the latest Census data.
What is the median household income in Fairacres?
The median household income in Fairacres, NM is $0 per year.
What is the median home value in Fairacres?
The median home value in Fairacres, NM is $215,800.
What is the average rent in Fairacres?
The median monthly rent in Fairacres, NM is $0.
What is the unemployment rate in Fairacres?
The unemployment rate in Fairacres, NM is 9.9%.