Ranchos de Taos, NM
Population 2,348 · New Mexico
About Ranchos de Taos, NM
Ranchos de Taos is a small town located in New Mexico with a population of 2,348 residents according to the latest US Census Bureau American Community Survey data. The median household income is $51,380 per year, which is 32% below the national median of $75,149. The median age of 26.6 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 Ranchos de Taos features a median home value of $0, which is 100% below the national median of $244,900. This makes Ranchos de Taos one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 1,091 total housing units, 100% are owner-occupied (687 units) and 0% are renter-occupied (0 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Ranchos de Taos shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 13.1%, above the national average of 12.4%. Workers in Ranchos de Taos have an average one-way commute time of 24.2 minutes.
Education & Demographics
54.2% of Ranchos de Taos 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 17.3% White, 2.9% Hispanic or Latino, 0.0% Black or African American, and 37.1% Asian residents, with 16.3% of the population being foreign-born.
Cost of Living in Ranchos de Taos, NM
Compared to national averages, Ranchos de Taos has a median household income of $51,380 (32% below the national median of $75,149). Home values average $0, which is 100% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within New Mexico, Ranchos de Taos's income is 24% below the state average of $67,435, and home values are 100% below the state median of $233,762.
Why Live in Ranchos de Taos, NM?
Ranchos de Taos offers affordable housing with a median home value of $0, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a well-educated community where 54.2% of residents hold a bachelor’s degree or higher, and short commute times averaging just 24.2 minutes.
Potential considerations include median household income ($51,380) that falls below the national average. However, Ranchos de Taos’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Ranchos de Taos has a population of 2,348 with a median age of 26.6 years. Compare Ranchos de Taos with other cities to see how it stacks up, or explore all cities in New Mexico.
Similar Cities Near Ranchos de Taos
Cities in New Mexico with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Center Point | 2,366 | $49,714 | $206,300 | Compare |
| Bayard | 2,370 | $33,269 | $118,100 | Compare |
| Pojoaque | 2,274 | $68,188 | $154,300 | Compare |
| Jemez Pueblo | 2,273 | $59,102 | $190,000 | Compare |
| Santa Rosa | 2,447 | $41,995 | $101,800 | Compare |
| Milan | 2,473 | $37,551 | $71,300 | Compare |
| Valencia CDP (Valencia County), New Mexico | 2,219 | $70,521 | $242,400 | Compare |
| Flora Vista | 2,215 | $43,799 | $195,200 | 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 Ranchos de Taos With Other Cities
Frequently Asked Questions about Ranchos de Taos
What is the population of Ranchos de Taos, NM?
The population of Ranchos de Taos, NM is 2,348 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 Ranchos de Taos?
The median household income in Ranchos de Taos, NM is $51,380 per year, which is 32% below the national median of $75,149.
What is the median home value in Ranchos de Taos?
The median home value in Ranchos de Taos, NM is $0, which is 100% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Ranchos de Taos?
The median monthly rent in Ranchos de Taos, NM is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Ranchos de Taos?
The unemployment rate in Ranchos de Taos, NM is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Ranchos de Taos, NM a good place to live?
Ranchos de Taos offers a moderate cost of living, affordable housing, and a strong job market. With a population of 2,348 and a median age of 26.6, the city appeals to young professionals and families.
How educated is Ranchos de Taos, NM?
54.2% of residents in Ranchos de Taos 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 Ranchos de Taos?
Key cost-of-living indicators for Ranchos de Taos, NM: median home value is $0 (100% below national), median rent is $0/month, and median household income is $51,380. The home-value-to-income ratio is 0.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Ranchos de Taos?
The poverty rate in Ranchos de Taos, NM is 13.1%, 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 Ranchos de Taos, NM?
Ranchos de Taos's population is 17.3% White, 2.9% Hispanic or Latino, 0.0% Black or African American, 37.1% Asian, and 0.0% two or more races. 16.3% of residents are foreign-born.