Roy, NM
Population 321 · New Mexico
About Roy, NM
Roy is a small community located in New Mexico with a population of 321 residents according to the latest US Census Bureau American Community Survey data. The median household income is $40,227 per year, which is 46% below the national median of $75,149. The median age of 54.5 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 Roy features a median home value of $50,600, which is 79% below the national median of $244,900. This makes Roy one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $1,055, 9% below the national average of $1,163/month. Of the 219 total housing units, 73% are owner-occupied (98 units) and 27% are renter-occupied (36 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Roy shows an unemployment rate of 21.8%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 27.1%, above the national average of 12.4%. Workers in Roy have an average one-way commute time of 30.3 minutes.
Education & Demographics
29.2% of Roy residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 16.8% White, 0.0% Hispanic or Latino, 0.9% Black or African American, and 36.1% Asian residents, with 8.7% of the population being foreign-born.
How Roy Ranks in New Mexico
Cost of Living in Roy, NM
Compared to national averages, Roy has a median household income of $40,227 (46% below the national median of $75,149). Home values average $50,600, which is 79% below the national median. Monthly rent at $1,055 is 9% below the US average of $1,163. Within New Mexico, Roy's income is 40% below the state average of $67,435, and home values are 78% below the state median of $233,762.
Why Live in Roy, NM?
Roy offers affordable housing with a median home value of $50,600, below the US average of $244,900, and rent that’s lower than the national average at $1,055/month.
Potential considerations include median household income ($40,227) that falls below the national average. However, Roy’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Roy has a population of 321 with a median age of 54.5 years. Compare Roy with other cities to see how it stacks up, or explore all cities in New Mexico.
Similar Cities Near Roy
Cities in New Mexico with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Casa Colorada | 320 | $0 | $222,100 | Compare |
| North San Ysidro | 323 | $94,000 | $270,000 | Compare |
| Reserve | 323 | $40,357 | $145,800 | Compare |
| Jemez Springs | 318 | $97,500 | $285,300 | Compare |
| Ribera | 324 | $53,250 | $186,700 | Compare |
| Paguate | 325 | $0 | $0 | Compare |
| La Tierra | 329 | $0 | $976,200 | Compare |
| Cuyamungue Grant | 331 | $96,786 | $401,900 | 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.
Compare Roy With Other Cities
Frequently Asked Questions about Roy
What is the population of Roy, NM?
The population of Roy, NM is 321 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 Roy?
The median household income in Roy, NM is $40,227 per year, which is 46% below the national median of $75,149.
What is the median home value in Roy?
The median home value in Roy, NM is $50,600, which is 79% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Roy?
The median monthly rent in Roy, NM is $1,055, which is 9% below the national average of $1,163/month.
What is the unemployment rate in Roy?
The unemployment rate in Roy, NM is 21.8%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Roy, NM a good place to live?
Roy offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 321 and a median age of 54.5, the city appeals to established professionals and retirees.
How educated is Roy, NM?
29.2% of residents in Roy 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 Roy?
Key cost-of-living indicators for Roy, NM: median home value is $50,600 (79% below national), median rent is $1,055/month, and median household income is $40,227. The home-value-to-income ratio is 1.3x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Roy?
The poverty rate in Roy, NM is 27.1%, 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 Roy, NM?
Roy's population is 16.8% White, 0.0% Hispanic or Latino, 0.9% Black or African American, 36.1% Asian, and 4.0% two or more races. 8.7% of residents are foreign-born.