San Miguel, NM
Population 707 · New Mexico
About San Miguel, NM
San Miguel is a small community located in New Mexico with a population of 707 residents according to the latest US Census Bureau American Community Survey data. The median household income is $55,219 per year, which is 27% below the national median of $75,149. The median age of 35.9 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in San Miguel features a median home value of $116,200, which is 53% below the national median of $244,900. This makes San Miguel 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 366 total housing units, 100% are owner-occupied (227 units) and 0% are renter-occupied (0 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in San Miguel 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 20.9%, above the national average of 12.4%. Workers in San Miguel have an average one-way commute time of 31.3 minutes.
Education & Demographics
12.8% of San Miguel 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 95.6% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 12.3% of the population being foreign-born.
Cost of Living in San Miguel, NM
Compared to national averages, San Miguel has a median household income of $55,219 (27% below the national median of $75,149). Home values average $116,200, which is 53% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within New Mexico, San Miguel's income is 18% below the state average of $67,435, and home values are 50% below the state median of $233,762.
Why Live in San Miguel, NM?
San Miguel offers affordable housing with a median home value of $116,200, 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%.
Potential considerations include median household income ($55,219) that falls below the national average. However, San Miguel’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
San Miguel has a population of 707 with a median age of 35.9 years. Compare San Miguel with other cities to see how it stacks up, or explore all cities in New Mexico.
Similar Cities Near San Miguel
Cities in New Mexico with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| San Antonito CDP (Bernalillo County), New Mexico | 706 | $61,250 | $322,000 | Compare |
| Santa Fe Foothills | 710 | $192,630 | $1,111,500 | Compare |
| Peña Blanca | 701 | $73,750 | $166,500 | Compare |
| Las Tusas | 716 | $56,109 | $140,100 | Compare |
| Cimarron | 717 | $40,673 | $143,500 | Compare |
| Tohatchi | 695 | $41,875 | $51,500 | Compare |
| Napi Headquarters | 691 | $28,194 | $0 | Compare |
| La Cueva CDP (Santa Fe County), New Mexico | 724 | $105,385 | $371,100 | 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 San Miguel With Other Cities
Frequently Asked Questions about San Miguel
What is the population of San Miguel, NM?
The population of San Miguel, NM is 707 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 San Miguel?
The median household income in San Miguel, NM is $55,219 per year, which is 27% below the national median of $75,149.
What is the median home value in San Miguel?
The median home value in San Miguel, NM is $116,200, which is 53% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in San Miguel?
The median monthly rent in San Miguel, NM is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in San Miguel?
The unemployment rate in San Miguel, 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 San Miguel, NM a good place to live?
San Miguel offers a moderate cost of living, affordable housing, and a strong job market. With a population of 707 and a median age of 35.9, the city appeals to a broad range of residents.
How educated is San Miguel, NM?
12.8% of residents in San Miguel 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 San Miguel?
Key cost-of-living indicators for San Miguel, NM: median home value is $116,200 (53% below national), median rent is $0/month, and median household income is $55,219. The home-value-to-income ratio is 2.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in San Miguel?
The poverty rate in San Miguel, NM is 20.9%, 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 San Miguel, NM?
San Miguel's population is 95.6% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 12.3% of residents are foreign-born.