Meadow Lake, NM
Population 3,959 · New Mexico
About Meadow Lake, NM
Meadow Lake is a small community in New Mexico with a population of 3,959 residents. The median household income is $38,872 per year, which is below the national average. The median age in Meadow Lake is 36.9 years.
Housing in Meadow Lake has a median home value of $83,500 and median monthly rent of $783. Of the 1,610 total housing units, the majority are owner-occupied, with 985 owner-occupied and 265 renter-occupied units.
The unemployment rate in Meadow Lake is 6.1% and the poverty rate is 30.2%. 15.8% of residents hold a bachelor's degree or higher. The average commute time is 39.4 minutes.
Cost of Living in Meadow Lake, NM
Compared to national averages, Meadow Lake has a median household income of $38,872 (48% below the national median of $75,149). Home values average $83,500, which is 66% below the national median. Monthly rent at $783 is 33% below the US average of $1,163. Within New Mexico, Meadow Lake's income is 42% below the state average of $67,435, and home values are 64% below the state median of $233,762.
Why Live in Meadow Lake, NM?
Meadow Lake offers affordable housing with a median home value of $83,500, below the US average of $244,900, and rent that’s lower than the national average at $783/month.
Potential considerations include median household income ($38,872) that falls below the national average. However, Meadow Lake’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Meadow Lake has a population of 3,959 with a median age of 36.9 years. Compare Meadow Lake with other cities to see how it stacks up, or explore all cities in New Mexico.
Similar Cities Near Meadow Lake
Cities in New Mexico with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Bosque Farms | 4,042 | $63,889 | $261,900 | Compare |
| Holloman AFB | 4,052 | $51,205 | $0 | Compare |
| La Cienega | 3,780 | $68,676 | $417,900 | Compare |
| Placitas CDP (Sandoval County), New Mexico | 4,375 | $110,268 | $520,200 | Compare |
| Crouch Mesa | 4,419 | $56,676 | $76,800 | Compare |
| Lee Acres | 4,463 | $50,846 | $182,200 | Compare |
| Kirtland AFB | 3,421 | $79,301 | $0 | Compare |
| Peralta | 3,385 | $67,703 | $275,000 | 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 Meadow Lake
What is the population of Meadow Lake, NM?
The population of Meadow Lake, NM is 3,959 according to the latest Census data.
What is the median household income in Meadow Lake?
The median household income in Meadow Lake, NM is $38,872 per year.
What is the median home value in Meadow Lake?
The median home value in Meadow Lake, NM is $83,500.
What is the average rent in Meadow Lake?
The median monthly rent in Meadow Lake, NM is $783.
What is the unemployment rate in Meadow Lake?
The unemployment rate in Meadow Lake, NM is 6.1%.