Magdalena, NM
Population 764 · New Mexico
About Magdalena, NM
Magdalena is a small community located in New Mexico with a population of 764 residents according to the latest US Census Bureau American Community Survey data. The median household income is $0 per year, which is 100% below the national median of $75,149. The median age of 62.4 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 Magdalena features a median home value of $112,900, which is 54% below the national median of $244,900. This makes Magdalena one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 569 total housing units, 94% are owner-occupied (364 units) and 6% are renter-occupied (23 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Magdalena 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 23.8%, above the national average of 12.4%. Workers in Magdalena have an average one-way commute time of 31.9 minutes.
Education & Demographics
14.4% of Magdalena 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 7.3% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 49.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Magdalena, NM
Compared to national averages, Magdalena has a median household income of $0 (100% below the national median of $75,149). Home values average $112,900, which is 54% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within New Mexico, Magdalena's income is 100% below the state average of $67,435, and home values are 52% below the state median of $233,762.
Why Live in Magdalena, NM?
Magdalena offers affordable housing with a median home value of $112,900, below the US average of $244,900, 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%.
Potential considerations include median household income ($0) that falls below the national average. However, Magdalena’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Magdalena has a population of 764 with a median age of 62.4 years. Compare Magdalena with other cities to see how it stacks up, or explore all cities in New Mexico.
Similar Cities Near Magdalena
Cities in New Mexico with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Valle Vista | 759 | $36,481 | $226,900 | Compare |
| Los Luceros | 757 | $0 | $0 | Compare |
| Indian Hills | 778 | $41,667 | $152,800 | Compare |
| Chama | 748 | $0 | $194,300 | Compare |
| Cedar Crest | 746 | $143,750 | $254,200 | Compare |
| Sausal | 783 | $95,705 | $255,800 | Compare |
| Laguna | 786 | $0 | $0 | Compare |
| San Jose CDP (Rio Arriba County), New Mexico | 739 | $57,019 | $250,400 | 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 Magdalena With Other Cities
Frequently Asked Questions about Magdalena
What is the population of Magdalena, NM?
The population of Magdalena, NM is 764 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 Magdalena?
The median household income in Magdalena, NM is $0 per year, which is 100% below the national median of $75,149.
What is the median home value in Magdalena?
The median home value in Magdalena, NM is $112,900, which is 54% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Magdalena?
The median monthly rent in Magdalena, NM is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Magdalena?
The unemployment rate in Magdalena, 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 Magdalena, NM a good place to live?
Magdalena offers a moderate cost of living, affordable housing, and a strong job market. With a population of 764 and a median age of 62.4, the city appeals to established professionals and retirees.
How educated is Magdalena, NM?
14.4% of residents in Magdalena 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 Magdalena?
Key cost-of-living indicators for Magdalena, NM: median home value is $112,900 (54% below national), median rent is $0/month, and median household income is $0. The home-value-to-income ratio is Infinityx, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Magdalena?
The poverty rate in Magdalena, NM is 23.8%, 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 Magdalena, NM?
Magdalena's population is 7.3% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 49.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.