Radium Springs, NM
Population 1,661 · New Mexico
About Radium Springs, NM
Radium Springs is a small town located in New Mexico with a population of 1,661 residents according to the latest US Census Bureau American Community Survey data. The median household income is $50,000 per year, which is 33% below the national median of $75,149. The median age of 33.6 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Radium Springs features a median home value of $132,100, which is 46% below the national median of $244,900. This makes Radium Springs one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $747, 36% below the national average of $1,163/month. Of the 546 total housing units, 82% are owner-occupied (446 units) and 18% are renter-occupied (100 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Radium Springs shows an unemployment rate of 9.4%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 13.7%, above the national average of 12.4%. Workers in Radium Springs have an average one-way commute time of 24 minutes.
Education & Demographics
21.1% of Radium Springs 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 42.5% White, 5.7% Hispanic or Latino, 0.0% Black or African American, and 5.7% Asian residents, with 9.5% of the population being foreign-born.
Cost of Living in Radium Springs, NM
Compared to national averages, Radium Springs has a median household income of $50,000 (33% below the national median of $75,149). Home values average $132,100, which is 46% below the national median. Monthly rent at $747 is 36% below the US average of $1,163. Within New Mexico, Radium Springs's income is 26% below the state average of $67,435, and home values are 43% below the state median of $233,762.
Why Live in Radium Springs, NM?
Radium Springs offers affordable housing with a median home value of $132,100, below the US average of $244,900, and rent that’s lower than the national average at $747/month, and short commute times averaging just 24 minutes.
Potential considerations include median household income ($50,000) that falls below the national average. However, Radium Springs’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Radium Springs has a population of 1,661 with a median age of 33.6 years. Compare Radium Springs with other cities to see how it stacks up, or explore all cities in New Mexico.
Similar Cities Near Radium Springs
Cities in New Mexico with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Hatch | 1,663 | $40,625 | $110,700 | Compare |
| La Huerta | 1,673 | $83,672 | $421,600 | Compare |
| La Luz | 1,683 | $35,324 | $60,800 | Compare |
| Rio Rancho Estates | 1,626 | $90,172 | $156,900 | Compare |
| El Valle de Arroyo Seco | 1,602 | $69,556 | $214,400 | Compare |
| Barton | 1,601 | $83,849 | $336,300 | Compare |
| South River | 1,594 | $56,307 | $215,000 | Compare |
| Elephant Butte | 1,586 | $45,179 | $166,800 | 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 Radium Springs With Other Cities
Frequently Asked Questions about Radium Springs
What is the population of Radium Springs, NM?
The population of Radium Springs, NM is 1,661 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 Radium Springs?
The median household income in Radium Springs, NM is $50,000 per year, which is 33% below the national median of $75,149.
What is the median home value in Radium Springs?
The median home value in Radium Springs, NM is $132,100, which is 46% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Radium Springs?
The median monthly rent in Radium Springs, NM is $747, which is 36% below the national average of $1,163/month.
What is the unemployment rate in Radium Springs?
The unemployment rate in Radium Springs, NM is 9.4%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Radium Springs, NM a good place to live?
Radium Springs offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 1,661 and a median age of 33.6, the city appeals to young professionals and families.
How educated is Radium Springs, NM?
21.1% of residents in Radium Springs 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 Radium Springs?
Key cost-of-living indicators for Radium Springs, NM: median home value is $132,100 (46% below national), median rent is $747/month, and median household income is $50,000. The home-value-to-income ratio is 2.6x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Radium Springs?
The poverty rate in Radium Springs, NM is 13.7%, 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 Radium Springs, NM?
Radium Springs's population is 42.5% White, 5.7% Hispanic or Latino, 0.0% Black or African American, 5.7% Asian, and 0.0% two or more races. 9.5% of residents are foreign-born.