Hyde Park, NM
Population 338 · New Mexico
About Hyde Park, NM
Hyde Park is a small community located in New Mexico with a population of 338 residents according to the latest US Census Bureau American Community Survey data. The median household income is $182,446 per year, which is 143% above the national median of $75,149. The median age of 50.7 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 Hyde Park features a median home value of $1,100,000, which is 349% above the national median of $244,900. This places Hyde Park in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 229 total housing units, 82% are owner-occupied (106 units) and 18% are renter-occupied (23 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Hyde Park 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 16.4%, above the national average of 12.4%. Workers in Hyde Park have an average one-way commute time of 20.7 minutes.
Education & Demographics
85.9% of Hyde Park residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 11.5% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 1.8% Asian residents, with 3.3% of the population being foreign-born.
How Hyde Park Ranks in New Mexico
Cost of Living in Hyde Park, NM
Compared to national averages, Hyde Park has a median household income of $182,446 (143% above the national median of $75,149). Home values average $1,100,000, which is 349% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within New Mexico, Hyde Park's income is 171% above the state average of $67,435, and home values are 371% above the state median of $233,762.
Why Live in Hyde Park, NM?
Hyde Park offers a strong local economy with a median household income of $182,446, 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 85.9% of residents hold a bachelor’s degree or higher, and short commute times averaging just 20.7 minutes.
Potential considerations include a competitive housing market where the typical home costs $1,100,000. However, Hyde Park’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Hyde Park has a population of 338 with a median age of 50.7 years. Compare Hyde Park with other cities to see how it stacks up, or explore all cities in New Mexico.
Similar Cities Near Hyde Park
Cities in New Mexico with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| North Acomita Village | 338 | $43,000 | $52,700 | Compare |
| Vadito | 340 | $57,083 | $143,800 | Compare |
| Timberlake | 341 | $0 | $216,700 | Compare |
| Highland Meadows | 332 | $0 | $130,500 | Compare |
| Las Palomas | 332 | $0 | $104,200 | Compare |
| Cuyamungue Grant | 331 | $96,786 | $401,900 | Compare |
| Madrone | 345 | $18,241 | $48,000 | Compare |
| San Pedro | 331 | $72,303 | $432,100 | 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 Hyde Park With Other Cities
Frequently Asked Questions about Hyde Park
What is the population of Hyde Park, NM?
The population of Hyde Park, NM is 338 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 Hyde Park?
The median household income in Hyde Park, NM is $182,446 per year, which is 143% above the national median of $75,149.
What is the median home value in Hyde Park?
The median home value in Hyde Park, NM is $1,100,000, which is 349% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Hyde Park?
The median monthly rent in Hyde Park, NM is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Hyde Park?
The unemployment rate in Hyde Park, 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 Hyde Park, NM a good place to live?
Hyde Park offers above-average incomes, a competitive housing market, and a strong job market. With a population of 338 and a median age of 50.7, the city appeals to established professionals and retirees.
How educated is Hyde Park, NM?
85.9% of residents in Hyde Park aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Hyde Park?
Key cost-of-living indicators for Hyde Park, NM: median home value is $1,100,000 (349% above national), median rent is $0/month, and median household income is $182,446. The home-value-to-income ratio is 6.0x, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Hyde Park?
The poverty rate in Hyde Park, NM is 16.4%, 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 Hyde Park, NM?
Hyde Park's population is 11.5% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 1.8% Asian, and 0.0% two or more races. 3.3% of residents are foreign-born.