Hagerman, NM
Population 599 · New Mexico
About Hagerman, NM
Hagerman is a small community in New Mexico with a population of 599 residents. The median household income is $68,750 per year, which is near the national average. The median age in Hagerman is 44.2 years.
Housing in Hagerman has a median home value of $72,900 and median monthly rent of $640. Of the 305 total housing units, the majority are owner-occupied, with 186 owner-occupied and 35 renter-occupied units.
The unemployment rate in Hagerman is 0.0% and the poverty rate is 10.4%. 9.4% of residents hold a bachelor's degree or higher. The average commute time is 23.5 minutes.
How Hagerman Ranks in New Mexico
Cost of Living in Hagerman, NM
Compared to national averages, Hagerman has a median household income of $68,750 (9% below the national median of $75,149). Home values average $72,900, which is 70% below the national median. Monthly rent at $640 is 45% below the US average of $1,163. Within New Mexico, Hagerman's income is 2% above the state average of $67,435, and home values are 69% below the state median of $233,762.
Why Live in Hagerman, NM?
Hagerman offers affordable housing with a median home value of $72,900, below the US average of $244,900, and rent that’s lower than the national average at $640/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a low poverty rate of 10.4%, better than the national average, and short commute times averaging just 23.5 minutes.
Potential considerations include median household income ($68,750) that falls below the national average. However, Hagerman’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Hagerman has a population of 599 with a median age of 44.2 years. Compare Hagerman with other cities to see how it stacks up, or explore all cities in New Mexico.
Similar Cities Near Hagerman
Cities in New Mexico with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Williamsburg | 599 | $36,023 | $75,200 | Compare |
| Chamberino | 601 | $60,694 | $195,800 | Compare |
| Cuartelez | 594 | $0 | $372,600 | Compare |
| Torreon CDP (Sandoval County), New Mexico | 594 | $0 | $0 | Compare |
| Encinal | 591 | $0 | $0 | Compare |
| Sedillo | 610 | $139,375 | $463,500 | Compare |
| White Cliffs | 610 | $93,095 | $0 | Compare |
| Wagon Mound | 587 | $41,823 | $0 | 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.
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Frequently Asked Questions about Hagerman
What is the population of Hagerman, NM?
The population of Hagerman, NM is 599 according to the latest Census data.
What is the median household income in Hagerman?
The median household income in Hagerman, NM is $68,750 per year.
What is the median home value in Hagerman?
The median home value in Hagerman, NM is $72,900.
What is the average rent in Hagerman?
The median monthly rent in Hagerman, NM is $640.
What is the unemployment rate in Hagerman?
The unemployment rate in Hagerman, NM is 0.0%.