Peñasco, NM
Population 613 · New Mexico
About Peñasco, NM
Peñasco is a small community in New Mexico with a population of 613 residents. The median household income is $38,750 per year, which is below the national average. The median age in Peñasco is 42 years.
Housing in Peñasco has a median home value of $219,600 and median monthly rent of $900. Of the 312 total housing units, the majority are owner-occupied, with 161 owner-occupied and 67 renter-occupied units.
The unemployment rate in Peñasco is 6.8% and the poverty rate is 23.3%. 13.7% of residents hold a bachelor's degree or higher. The average commute time is 28.7 minutes.
Cost of Living in Peñasco, NM
Compared to national averages, Peñasco has a median household income of $38,750 (48% below the national median of $75,149). Home values average $219,600, which is 10% below the national median. Monthly rent at $900 is 23% below the US average of $1,163. Within New Mexico, Peñasco's income is 43% below the state average of $67,435, and home values are 6% below the state median of $233,762.
Why Live in Peñasco, NM?
Peñasco offers affordable housing with a median home value of $219,600, below the US average of $244,900, and rent that’s lower than the national average at $900/month.
Potential considerations include median household income ($38,750) that falls below the national average. However, Peñasco’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Peñasco has a population of 613 with a median age of 42 years. Compare Peñasco with other cities to see how it stacks up, or explore all cities in New Mexico.
Similar Cities Near Peñasco
Cities in New Mexico with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Paa-Ko | 612 | $217,946 | $744,500 | Compare |
| Happy Valley | 616 | $0 | $144,400 | Compare |
| Sedillo | 610 | $139,375 | $463,500 | Compare |
| White Cliffs | 610 | $93,095 | $0 | Compare |
| San Rafael | 620 | $65,966 | $120,300 | Compare |
| Chamberino | 601 | $60,694 | $195,800 | Compare |
| Rio Lucio | 625 | $43,750 | $184,200 | Compare |
| Hagerman | 599 | $68,750 | $72,900 | 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 Peñasco
What is the population of Peñasco, NM?
The population of Peñasco, NM is 613 according to the latest Census data.
What is the median household income in Peñasco?
The median household income in Peñasco, NM is $38,750 per year.
What is the median home value in Peñasco?
The median home value in Peñasco, NM is $219,600.
What is the average rent in Peñasco?
The median monthly rent in Peñasco, NM is $900.
What is the unemployment rate in Peñasco?
The unemployment rate in Peñasco, NM is 6.8%.