Red River, NM
Population 456 · New Mexico
About Red River, NM
Red River is a small community located in New Mexico with a population of 456 residents according to the latest US Census Bureau American Community Survey data. The median household income is $0 per year, which is 100% below the national median of $75,149. The median age of 44 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 Red River features a median home value of $432,400, which is 77% above the national median of $244,900. This places Red River in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $935, 20% below the national average of $1,163/month. Of the 984 total housing units, 34% are owner-occupied (107 units) and 66% are renter-occupied (205 units). The higher proportion of renters may reflect a transient population, younger demographics, or high housing costs relative to income.
Economy & Employment
The local economy in Red River 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 9.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Red River have an average one-way commute time of 3.9 minutes, one of the shorter commutes in the region.
Education & Demographics
19.1% of Red River 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 1.5% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 4.2% Asian residents, with 0.9% of the population being foreign-born.
Cost of Living in Red River, NM
Compared to national averages, Red River has a median household income of $0 (100% below the national median of $75,149). Home values average $432,400, which is 77% above the national median. Monthly rent at $935 is 20% below the US average of $1,163. Within New Mexico, Red River's income is 100% below the state average of $67,435, and home values are 85% above the state median of $233,762.
Why Live in Red River, NM?
Red River offers rent that’s lower than the national average at $935/month, and a strong job market with an unemployment rate of just 0.0%, and a low poverty rate of 9.0%, better than the national average. Additionally, the city features short commute times averaging just 3.9 minutes.
Potential considerations include median household income ($0) that falls below the national average, and a competitive housing market where the typical home costs $432,400. However, Red River’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Red River has a population of 456 with a median age of 44 years. Compare Red River with other cities to see how it stacks up, or explore all cities in New Mexico.
Similar Cities Near Red River
Cities in New Mexico with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Canova | 454 | $0 | $0 | Compare |
| Ramah | 458 | $111,462 | $222,400 | Compare |
| Cochiti Lake | 453 | $54,861 | $208,100 | Compare |
| La Madera CDP (Sandoval County), New Mexico | 459 | $157,813 | $765,000 | Compare |
| Fort Wingate | 451 | $250,001 | $0 | Compare |
| Nenahnezad | 451 | $37,212 | $81,900 | Compare |
| Ojo Encino | 451 | $28,750 | $93,300 | Compare |
| Sunshine | 465 | $0 | $158,900 | 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 Red River
What is the population of Red River, NM?
The population of Red River, NM is 456 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in New Mexico.
What is the median household income in Red River?
The median household income in Red River, NM is $0 per year, which is 100% below the national median of $75,149.
What is the median home value in Red River?
The median home value in Red River, NM is $432,400, which is 77% above the national median of $244,900. A significant portion of residents rent their homes.
What is the average rent in Red River?
The median monthly rent in Red River, NM is $935, which is 20% below the national average of $1,163/month.
What is the unemployment rate in Red River?
The unemployment rate in Red River, 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 Red River, NM a good place to live?
Red River offers a moderate cost of living, a competitive housing market, and a strong job market. With a population of 456 and a median age of 44, the city appeals to a broad range of residents.
How educated is Red River, NM?
19.1% of residents in Red River 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 Red River?
Key cost-of-living indicators for Red River, NM: median home value is $432,400 (77% above national), median rent is $935/month, and median household income is $0. The home-value-to-income ratio is Infinityx, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Red River?
The poverty rate in Red River, NM is 9.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Red River, NM?
Red River's population is 1.5% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 4.2% Asian, and 0.9% two or more races. 0.9% of residents are foreign-born.