Picacho Hills, NM
Population 1,995 · New Mexico
About Picacho Hills, NM
Picacho Hills is a small community in New Mexico with a population of 1,995 residents. The median household income is $124,250 per year, which is above the national average. The median age in Picacho Hills is 67.2 years.
Housing in Picacho Hills has a median home value of $438,600 and median monthly rent of $0. Of the 898 total housing units, the majority are owner-occupied, with 820 owner-occupied and 26 renter-occupied units.
The unemployment rate in Picacho Hills is 0.8% and the poverty rate is 5.9%. 69.4% of residents hold a bachelor's degree or higher. The average commute time is 28.4 minutes.
How Picacho Hills Ranks in New Mexico
Cost of Living in Picacho Hills, NM
Compared to national averages, Picacho Hills has a median household income of $124,250 (65% above the national median of $75,149). Home values average $438,600, which is 79% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within New Mexico, Picacho Hills's income is 84% above the state average of $67,435, and home values are 88% above the state median of $233,762.
Why Live in Picacho Hills, NM?
Picacho Hills offers a strong local economy with a median household income of $124,250, well above the national average, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.8%. Additionally, the city features a well-educated community where 69.4% of residents hold a bachelor’s degree or higher, and a low poverty rate of 5.9%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $438,600. However, Picacho Hills’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Picacho Hills has a population of 1,995 with a median age of 67.2 years. Compare Picacho Hills with other cities to see how it stacks up, or explore all cities in New Mexico.
Similar Cities Near Picacho Hills
Cities in New Mexico with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Boles Acres | 1,967 | $65,673 | $194,500 | Compare |
| Angustura | 2,024 | $52,948 | $191,300 | Compare |
| Nambe | 2,045 | $45,341 | $259,700 | Compare |
| Jarales | 1,939 | $52,961 | $166,100 | Compare |
| Jal | 2,069 | $60,703 | $105,400 | Compare |
| Moriarty | 2,074 | $27,446 | $106,600 | Compare |
| Arroyo Seco | 2,107 | $69,917 | $525,500 | Compare |
| Questa | 2,112 | $41,071 | $225,300 | 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 Picacho Hills
What is the population of Picacho Hills, NM?
The population of Picacho Hills, NM is 1,995 according to the latest Census data.
What is the median household income in Picacho Hills?
The median household income in Picacho Hills, NM is $124,250 per year.
What is the median home value in Picacho Hills?
The median home value in Picacho Hills, NM is $438,600.
What is the average rent in Picacho Hills?
The median monthly rent in Picacho Hills, NM is $0.
What is the unemployment rate in Picacho Hills?
The unemployment rate in Picacho Hills, NM is 0.8%.