Nambe, NM
Population 2,045 · New Mexico
About Nambe, NM
Nambe is a small town located in New Mexico with a population of 2,045 residents according to the latest US Census Bureau American Community Survey data. The median household income is $45,341 per year, which is 40% below the national median of $75,149. The median age of 53 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 Nambe features a median home value of $259,700, which is 6% above the national median of $244,900. This positions Nambe in a moderately priced market relative to the rest of the country. Median monthly rent is $1,135, 2% below the national average of $1,163/month. Of the 1,067 total housing units, 85% are owner-occupied (821 units) and 15% are renter-occupied (149 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Nambe shows an unemployment rate of 9.2%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 17.7%, above the national average of 12.4%. Workers in Nambe have an average one-way commute time of 28.8 minutes.
Education & Demographics
28.2% of Nambe residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 22.7% White, 24.9% Hispanic or Latino, 0.4% Black or African American, and 43.2% Asian residents, with 4.2% of the population being foreign-born.
Cost of Living in Nambe, NM
Compared to national averages, Nambe has a median household income of $45,341 (40% below the national median of $75,149). Home values average $259,700, which is 6% above the national median. Monthly rent at $1,135 is 2% below the US average of $1,163. Within New Mexico, Nambe's income is 33% below the state average of $67,435, and home values are 11% above the state median of $233,762.
Why Live in Nambe, NM?
Nambe offers rent that’s lower than the national average at $1,135/month.
Potential considerations include median household income ($45,341) that falls below the national average. However, Nambe’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Nambe has a population of 2,045 with a median age of 53 years. Compare Nambe with other cities to see how it stacks up, or explore all cities in New Mexico.
Similar Cities Near Nambe
Cities in New Mexico with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Angustura | 2,024 | $52,948 | $191,300 | Compare |
| Jal | 2,069 | $60,703 | $105,400 | Compare |
| Moriarty | 2,074 | $27,446 | $106,600 | Compare |
| Picacho Hills | 1,995 | $124,250 | $438,600 | Compare |
| Arroyo Seco | 2,107 | $69,917 | $525,500 | Compare |
| Questa | 2,112 | $41,071 | $225,300 | Compare |
| Boles Acres | 1,967 | $65,673 | $194,500 | Compare |
| Navajo | 2,133 | $28,917 | $52,100 | 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 Nambe With Other Cities
Frequently Asked Questions about Nambe
What is the population of Nambe, NM?
The population of Nambe, NM is 2,045 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in New Mexico.
What is the median household income in Nambe?
The median household income in Nambe, NM is $45,341 per year, which is 40% below the national median of $75,149.
What is the median home value in Nambe?
The median home value in Nambe, NM is $259,700, which is 6% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Nambe?
The median monthly rent in Nambe, NM is $1,135, which is 2% below the national average of $1,163/month.
What is the unemployment rate in Nambe?
The unemployment rate in Nambe, NM is 9.2%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Nambe, NM a good place to live?
Nambe offers a moderate cost of living, a competitive housing market, and growing employment opportunities. With a population of 2,045 and a median age of 53, the city appeals to established professionals and retirees.
How educated is Nambe, NM?
28.2% of residents in Nambe 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 Nambe?
Key cost-of-living indicators for Nambe, NM: median home value is $259,700 (6% above national), median rent is $1,135/month, and median household income is $45,341. The home-value-to-income ratio is 5.7x, a moderate figure by national standards.
What is the poverty rate in Nambe?
The poverty rate in Nambe, NM is 17.7%, 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 Nambe, NM?
Nambe's population is 22.7% White, 24.9% Hispanic or Latino, 0.4% Black or African American, 43.2% Asian, and 0.0% two or more races. 4.2% of residents are foreign-born.