Malaga, NM
Population 63 · New Mexico
About Malaga, NM
Malaga is a small community located in New Mexico with a population of 63 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 40 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Malaga features a median home value of $0, which is 100% below the national median of $244,900. This makes Malaga 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 20 total housing units, 100% are owner-occupied (20 units) and 0% are renter-occupied (0 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Malaga 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 0.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Malaga have an average one-way commute time of 0 minutes, one of the shorter commutes in the region.
Education & Demographics
0.0% of Malaga 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 33.3% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 17.5% of the population being foreign-born.
Cost of Living in Malaga, NM
Compared to national averages, Malaga has a median household income of $0 (100% below the national median of $75,149). Home values average $0, which is 100% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within New Mexico, Malaga's income is 100% below the state average of $67,435, and home values are 100% below the state median of $233,762.
Why Live in Malaga, NM?
Malaga offers affordable housing with a median home value of $0, 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%. Additionally, the city features a low poverty rate of 0.0%, better than the national average, and short commute times averaging just 0 minutes.
Potential considerations include median household income ($0) that falls below the national average. However, Malaga’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Malaga has a population of 63 with a median age of 40 years. Compare Malaga with other cities to see how it stacks up, or explore all cities in New Mexico.
Similar Cities Near Malaga
Cities in New Mexico with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Rio en Medio | 64 | $195,750 | $0 | Compare |
| Loco Hills | 61 | $0 | $0 | Compare |
| San Antonio | 65 | $0 | $0 | Compare |
| Windmill | 65 | $76,250 | $0 | Compare |
| Golden Acres | 66 | $0 | $0 | Compare |
| Hot Springs Landing | 60 | $0 | $0 | Compare |
| Lake Sumner | 66 | $0 | $9,999 | Compare |
| Luna | 67 | $0 | $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 Malaga
What is the population of Malaga, NM?
The population of Malaga, NM is 63 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 Malaga?
The median household income in Malaga, NM is $0 per year, which is 100% below the national median of $75,149.
What is the median home value in Malaga?
The median home value in Malaga, NM is $0, which is 100% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Malaga?
The median monthly rent in Malaga, NM is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Malaga?
The unemployment rate in Malaga, 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 Malaga, NM a good place to live?
Malaga offers a moderate cost of living, affordable housing, and a strong job market. With a population of 63 and a median age of 40, the city appeals to a broad range of residents.
How educated is Malaga, NM?
0.0% of residents in Malaga 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 Malaga?
Key cost-of-living indicators for Malaga, NM: median home value is $0 (100% below national), median rent is $0/month, and median household income is $0. The home-value-to-income ratio is NaNx, a moderate figure by national standards.
What is the poverty rate in Malaga?
The poverty rate in Malaga, NM is 0.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Malaga, NM?
Malaga's population is 33.3% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 17.5% of residents are foreign-born.