Ojo Encino, NM
Population 451 · New Mexico
About Ojo Encino, NM
Ojo Encino is a small community located in New Mexico with a population of 451 residents according to the latest US Census Bureau American Community Survey data. The median household income is $28,750 per year, which is 62% below the national median of $75,149. The median age of 22.9 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Ojo Encino features a median home value of $93,300, which is 62% below the national median of $244,900. This makes Ojo Encino one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $930, 20% below the national average of $1,163/month. Of the 126 total housing units, 57% are owner-occupied (60 units) and 43% are renter-occupied (45 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Ojo Encino shows an unemployment rate of 40.0%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 71.6%, above the national average of 12.4%. Workers in Ojo Encino have an average one-way commute time of 60.3 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
4.8% of Ojo Encino 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, 98.9% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Ojo Encino, NM
Compared to national averages, Ojo Encino has a median household income of $28,750 (62% below the national median of $75,149). Home values average $93,300, which is 62% below the national median. Monthly rent at $930 is 20% below the US average of $1,163. Within New Mexico, Ojo Encino's income is 57% below the state average of $67,435, and home values are 60% below the state median of $233,762.
Why Live in Ojo Encino, NM?
Ojo Encino offers affordable housing with a median home value of $93,300, below the US average of $244,900, and rent that’s lower than the national average at $930/month.
Potential considerations include median household income ($28,750) that falls below the national average. However, Ojo Encino’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Ojo Encino has a population of 451 with a median age of 22.9 years. Compare Ojo Encino with other cities to see how it stacks up, or explore all cities in New Mexico.
Similar Cities Near Ojo Encino
Cities in New Mexico with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Fort Wingate | 451 | $250,001 | $0 | Compare |
| Nenahnezad | 451 | $37,212 | $81,900 | Compare |
| Cochiti Lake | 453 | $54,861 | $208,100 | Compare |
| Canova | 454 | $0 | $0 | Compare |
| Red River | 456 | $0 | $432,400 | Compare |
| Ramah | 458 | $111,462 | $222,400 | Compare |
| La Madera CDP (Sandoval County), New Mexico | 459 | $157,813 | $765,000 | Compare |
| Jacona | 441 | $71,691 | $452,600 | 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 Ojo Encino With Other Cities
Frequently Asked Questions about Ojo Encino
What is the population of Ojo Encino, NM?
The population of Ojo Encino, NM is 451 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 Ojo Encino?
The median household income in Ojo Encino, NM is $28,750 per year, which is 62% below the national median of $75,149.
What is the median home value in Ojo Encino?
The median home value in Ojo Encino, NM is $93,300, which is 62% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Ojo Encino?
The median monthly rent in Ojo Encino, NM is $930, which is 20% below the national average of $1,163/month.
What is the unemployment rate in Ojo Encino?
The unemployment rate in Ojo Encino, NM is 40.0%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Ojo Encino, NM a good place to live?
Ojo Encino offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 451 and a median age of 22.9, the city appeals to young professionals and families.
How educated is Ojo Encino, NM?
4.8% of residents in Ojo Encino 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 Ojo Encino?
Key cost-of-living indicators for Ojo Encino, NM: median home value is $93,300 (62% below national), median rent is $930/month, and median household income is $28,750. The home-value-to-income ratio is 3.2x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Ojo Encino?
The poverty rate in Ojo Encino, NM is 71.6%, 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 Ojo Encino, NM?
Ojo Encino's population is 0.0% White, 98.9% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.