Lobo Canyon, NM
Population 431 · New Mexico
About Lobo Canyon, NM
Lobo Canyon is a small community located in New Mexico with a population of 431 residents according to the latest US Census Bureau American Community Survey data. The median household income is $88,951 per year, which is 18% above the national median of $75,149. The median age of 68.8 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 Lobo Canyon features a median home value of $164,500, which is 33% below the national median of $244,900. This positions Lobo Canyon in a moderately priced market relative to the rest of the country. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 266 total housing units, 100% are owner-occupied (239 units) and 0% are renter-occupied (0 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Lobo Canyon 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 5.3%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Lobo Canyon have an average one-way commute time of 0 minutes, one of the shorter commutes in the region.
Education & Demographics
18.8% of Lobo Canyon 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 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 7.7% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Lobo Canyon, NM
Compared to national averages, Lobo Canyon has a median household income of $88,951 (18% above the national median of $75,149). Home values average $164,500, which is 33% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within New Mexico, Lobo Canyon's income is 32% above the state average of $67,435, and home values are 30% below the state median of $233,762.
Why Live in Lobo Canyon, NM?
Lobo Canyon offers a strong local economy with a median household income of $88,951, well above the national average, and affordable housing with a median home value of $164,500, below the US average of $244,900, and rent that’s lower than the national average at $0/month. Additionally, the city features a strong job market with an unemployment rate of just 0.0%, and a low poverty rate of 5.3%, better than the national average, and short commute times averaging just 0 minutes.
Lobo Canyon has a population of 431 with a median age of 68.8 years. Compare Lobo Canyon with other cities to see how it stacks up, or explore all cities in New Mexico.
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Demographics
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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 Lobo Canyon
What is the population of Lobo Canyon, NM?
The population of Lobo Canyon, NM is 431 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 Lobo Canyon?
The median household income in Lobo Canyon, NM is $88,951 per year, which is 18% above the national median of $75,149.
What is the median home value in Lobo Canyon?
The median home value in Lobo Canyon, NM is $164,500, which is 33% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Lobo Canyon?
The median monthly rent in Lobo Canyon, NM is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Lobo Canyon?
The unemployment rate in Lobo Canyon, 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 Lobo Canyon, NM a good place to live?
Lobo Canyon offers above-average incomes, affordable housing, and a strong job market. With a population of 431 and a median age of 68.8, the city appeals to established professionals and retirees.
How educated is Lobo Canyon, NM?
18.8% of residents in Lobo Canyon 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 Lobo Canyon?
Key cost-of-living indicators for Lobo Canyon, NM: median home value is $164,500 (33% below national), median rent is $0/month, and median household income is $88,951. The home-value-to-income ratio is 1.8x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Lobo Canyon?
The poverty rate in Lobo Canyon, NM is 5.3%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Lobo Canyon, NM?
Lobo Canyon's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 7.7% Asian, and 65.2% two or more races. 0.0% of residents are foreign-born.