Paradise Hills, NM
Population 4,662 · New Mexico
About Paradise Hills, NM
Paradise Hills is a small town located in New Mexico with a population of 4,662 residents according to the latest US Census Bureau American Community Survey data. The median household income is $74,403 per year, which is 1% below the national median of $75,149. The median age of 44 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 Paradise Hills features a median home value of $241,300, which is 1% below the national median of $244,900. This positions Paradise Hills in a moderately priced market relative to the rest of the country. Median monthly rent is $1,256, 8% above the national average of $1,163/month. Of the 1,958 total housing units, 75% are owner-occupied (1,461 units) and 25% are renter-occupied (497 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Paradise Hills shows an unemployment rate of 5.8%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 13.2%, above the national average of 12.4%. Workers in Paradise Hills have an average one-way commute time of 27 minutes.
Education & Demographics
31.0% of Paradise Hills 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 20.7% White, 9.6% Hispanic or Latino, 2.8% Black or African American, and 16.4% Asian residents, with 2.4% of the population being foreign-born.
How Paradise Hills Ranks in New Mexico
Cost of Living in Paradise Hills, NM
Compared to national averages, Paradise Hills has a median household income of $74,403 (1% below the national median of $75,149). Home values average $241,300, which is 1% below the national median. Monthly rent at $1,256 is 8% above the US average of $1,163. Within New Mexico, Paradise Hills's income is 10% above the state average of $67,435, and home values are 3% above the state median of $233,762.
Why Live in Paradise Hills, NM?
Paradise Hills offers affordable housing with a median home value of $241,300, below the US average of $244,900.
Potential considerations include median household income ($74,403) that falls below the national average. However, Paradise Hills’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Paradise Hills has a population of 4,662 with a median age of 44 years. Compare Paradise Hills with other cities to see how it stacks up, or explore all cities in New Mexico.
Similar Cities Near Paradise Hills
Cities in New Mexico with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Los Chaves | 4,641 | $81,320 | $240,500 | Compare |
| Lee Acres | 4,463 | $50,846 | $182,200 | Compare |
| Crouch Mesa | 4,419 | $56,676 | $76,800 | Compare |
| Rio Communities | 4,924 | $46,223 | $200,000 | Compare |
| Placitas CDP (Sandoval County), New Mexico | 4,375 | $110,268 | $520,200 | Compare |
| El Cerro Mission | 5,101 | $49,719 | $101,000 | Compare |
| Tucumcari | 5,197 | $39,915 | $56,400 | Compare |
| Holloman AFB | 4,052 | $51,205 | $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.
Compare Paradise Hills With Other Cities
Frequently Asked Questions about Paradise Hills
What is the population of Paradise Hills, NM?
The population of Paradise Hills, NM is 4,662 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 Paradise Hills?
The median household income in Paradise Hills, NM is $74,403 per year, which is 1% below the national median of $75,149.
What is the median home value in Paradise Hills?
The median home value in Paradise Hills, NM is $241,300, which is 1% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Paradise Hills?
The median monthly rent in Paradise Hills, NM is $1,256, which is 8% above the national average of $1,163/month.
What is the unemployment rate in Paradise Hills?
The unemployment rate in Paradise Hills, NM is 5.8%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Paradise Hills, NM a good place to live?
Paradise Hills offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 4,662 and a median age of 44, the city appeals to a broad range of residents.
How educated is Paradise Hills, NM?
31.0% of residents in Paradise Hills 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 Paradise Hills?
Key cost-of-living indicators for Paradise Hills, NM: median home value is $241,300 (1% below national), median rent is $1,256/month, and median household income is $74,403. The home-value-to-income ratio is 3.2x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Paradise Hills?
The poverty rate in Paradise Hills, NM is 13.2%, 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 Paradise Hills, NM?
Paradise Hills's population is 20.7% White, 9.6% Hispanic or Latino, 2.8% Black or African American, 16.4% Asian, and 1.8% two or more races. 2.4% of residents are foreign-born.