Peña Blanca, NM
Population 701 · New Mexico
About Peña Blanca, NM
Peña Blanca is a small community located in New Mexico with a population of 701 residents according to the latest US Census Bureau American Community Survey data. The median household income is $73,750 per year, which is 2% below the national median of $75,149. The median age of 43.1 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 Peña Blanca features a median home value of $166,500, which is 32% below the national median of $244,900. This positions Peña Blanca in a moderately priced market relative to the rest of the country. Median monthly rent is $938, 19% below the national average of $1,163/month. Of the 313 total housing units, 94% are owner-occupied (257 units) and 6% are renter-occupied (15 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Peña Blanca shows an unemployment rate of 5.7%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 8.1%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Peña Blanca have an average one-way commute time of 37.2 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
9.1% of Peña Blanca 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 16.4% White, 7.8% Hispanic or Latino, 0.0% Black or African American, and 63.9% Asian residents, with 3.4% of the population being foreign-born.
Cost of Living in Peña Blanca, NM
Compared to national averages, Peña Blanca has a median household income of $73,750 (2% below the national median of $75,149). Home values average $166,500, which is 32% below the national median. Monthly rent at $938 is 19% below the US average of $1,163. Within New Mexico, Peña Blanca's income is 9% above the state average of $67,435, and home values are 29% below the state median of $233,762.
Why Live in Peña Blanca, NM?
Peña Blanca offers affordable housing with a median home value of $166,500, below the US average of $244,900, and rent that’s lower than the national average at $938/month, and a low poverty rate of 8.1%, better than the national average.
Potential considerations include median household income ($73,750) that falls below the national average. However, Peña Blanca’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Peña Blanca has a population of 701 with a median age of 43.1 years. Compare Peña Blanca with other cities to see how it stacks up, or explore all cities in New Mexico.
Similar Cities Near Peña Blanca
Cities in New Mexico with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| San Antonito CDP (Bernalillo County), New Mexico | 706 | $61,250 | $322,000 | Compare |
| San Miguel | 707 | $55,219 | $116,200 | Compare |
| Tohatchi | 695 | $41,875 | $51,500 | Compare |
| Santa Fe Foothills | 710 | $192,630 | $1,111,500 | Compare |
| Napi Headquarters | 691 | $28,194 | $0 | Compare |
| Las Tusas | 716 | $56,109 | $140,100 | Compare |
| Seama | 686 | $0 | $32,600 | Compare |
| Cimarron | 717 | $40,673 | $143,500 | 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 Peña Blanca With Other Cities
Frequently Asked Questions about Peña Blanca
What is the population of Peña Blanca, NM?
The population of Peña Blanca, NM is 701 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 Peña Blanca?
The median household income in Peña Blanca, NM is $73,750 per year, which is 2% below the national median of $75,149.
What is the median home value in Peña Blanca?
The median home value in Peña Blanca, NM is $166,500, which is 32% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Peña Blanca?
The median monthly rent in Peña Blanca, NM is $938, which is 19% below the national average of $1,163/month.
What is the unemployment rate in Peña Blanca?
The unemployment rate in Peña Blanca, NM is 5.7%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Peña Blanca, NM a good place to live?
Peña Blanca offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 701 and a median age of 43.1, the city appeals to a broad range of residents.
How educated is Peña Blanca, NM?
9.1% of residents in Peña Blanca 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 Peña Blanca?
Key cost-of-living indicators for Peña Blanca, NM: median home value is $166,500 (32% below national), median rent is $938/month, and median household income is $73,750. The home-value-to-income ratio is 2.3x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Peña Blanca?
The poverty rate in Peña Blanca, NM is 8.1%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Peña Blanca, NM?
Peña Blanca's population is 16.4% White, 7.8% Hispanic or Latino, 0.0% Black or African American, 63.9% Asian, and 0.7% two or more races. 3.4% of residents are foreign-born.