Placitas CDP (Sandoval County), New Mexico, NM
Population 4,375 · New Mexico
About Placitas CDP (Sandoval County), New Mexico, NM
Placitas CDP (Sandoval County), New Mexico is a small town located in New Mexico with a population of 4,375 residents according to the latest US Census Bureau American Community Survey data. The median household income is $110,268 per year, which is 47% above the national median of $75,149. The median age of 63.2 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 Placitas CDP (Sandoval County), New Mexico features a median home value of $520,200, which is 112% above the national median of $244,900. This places Placitas CDP (Sandoval County), New Mexico in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,869, 61% above the national average of $1,163/month. Of the 2,349 total housing units, 92% are owner-occupied (1,998 units) and 8% are renter-occupied (183 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Placitas CDP (Sandoval County), New Mexico shows an unemployment rate of 3.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 2.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Placitas CDP (Sandoval County), New Mexico have an average one-way commute time of 30.1 minutes.
Education & Demographics
60.2% of Placitas CDP (Sandoval County), New Mexico residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 7.8% White, 8.4% Hispanic or Latino, 0.0% Black or African American, and 7.4% Asian residents, with 4.8% of the population being foreign-born.
How Placitas CDP (Sandoval County), New Mexico Ranks in New Mexico
Cost of Living in Placitas CDP (Sandoval County), New Mexico, NM
Compared to national averages, Placitas CDP (Sandoval County), New Mexico has a median household income of $110,268 (47% above the national median of $75,149). Home values average $520,200, which is 112% above the national median. Monthly rent at $1,869 is 61% above the US average of $1,163. Within New Mexico, Placitas CDP (Sandoval County), New Mexico's income is 64% above the state average of $67,435, and home values are 123% above the state median of $233,762.
Why Live in Placitas CDP (Sandoval County), New Mexico, NM?
Placitas CDP (Sandoval County), New Mexico offers a strong local economy with a median household income of $110,268, well above the national average, and a strong job market with an unemployment rate of just 3.0%, and a well-educated community where 60.2% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 2.0%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $520,200. However, Placitas CDP (Sandoval County), New Mexico’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Placitas CDP (Sandoval County), New Mexico has a population of 4,375 with a median age of 63.2 years. Compare Placitas CDP (Sandoval County), New Mexico with other cities to see how it stacks up, or explore all cities in New Mexico.
Similar Cities Near Placitas CDP (Sandoval County), New Mexico
Cities in New Mexico with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Crouch Mesa | 4,419 | $56,676 | $76,800 | Compare |
| Lee Acres | 4,463 | $50,846 | $182,200 | Compare |
| Los Chaves | 4,641 | $81,320 | $240,500 | Compare |
| Paradise Hills | 4,662 | $74,403 | $241,300 | Compare |
| Holloman AFB | 4,052 | $51,205 | $0 | Compare |
| Bosque Farms | 4,042 | $63,889 | $261,900 | Compare |
| Meadow Lake | 3,959 | $38,872 | $83,500 | Compare |
| Rio Communities | 4,924 | $46,223 | $200,000 | 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 Placitas CDP (Sandoval County), New Mexico With Other Cities
Frequently Asked Questions about Placitas CDP (Sandoval County), New Mexico
What is the population of Placitas CDP (Sandoval County), New Mexico, NM?
The population of Placitas CDP (Sandoval County), New Mexico, NM is 4,375 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 Placitas CDP (Sandoval County), New Mexico?
The median household income in Placitas CDP (Sandoval County), New Mexico, NM is $110,268 per year, which is 47% above the national median of $75,149.
What is the median home value in Placitas CDP (Sandoval County), New Mexico?
The median home value in Placitas CDP (Sandoval County), New Mexico, NM is $520,200, which is 112% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Placitas CDP (Sandoval County), New Mexico?
The median monthly rent in Placitas CDP (Sandoval County), New Mexico, NM is $1,869, which is 61% above the national average of $1,163/month.
What is the unemployment rate in Placitas CDP (Sandoval County), New Mexico?
The unemployment rate in Placitas CDP (Sandoval County), New Mexico, NM is 3.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Placitas CDP (Sandoval County), New Mexico, NM a good place to live?
Placitas CDP (Sandoval County), New Mexico offers above-average incomes, a competitive housing market, and a strong job market. With a population of 4,375 and a median age of 63.2, the city appeals to established professionals and retirees.
How educated is Placitas CDP (Sandoval County), New Mexico, NM?
60.2% of residents in Placitas CDP (Sandoval County), New Mexico aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Placitas CDP (Sandoval County), New Mexico?
Key cost-of-living indicators for Placitas CDP (Sandoval County), New Mexico, NM: median home value is $520,200 (112% above national), median rent is $1,869/month, and median household income is $110,268. The home-value-to-income ratio is 4.7x, a moderate figure by national standards.
What is the poverty rate in Placitas CDP (Sandoval County), New Mexico?
The poverty rate in Placitas CDP (Sandoval County), New Mexico, NM is 2.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Placitas CDP (Sandoval County), New Mexico, NM?
Placitas CDP (Sandoval County), New Mexico's population is 7.8% White, 8.4% Hispanic or Latino, 0.0% Black or African American, 7.4% Asian, and 0.0% two or more races. 4.8% of residents are foreign-born.