Santa Teresa, NM
Population 5,973 · New Mexico
About Santa Teresa, NM
Santa Teresa is a small community in New Mexico with a population of 5,973 residents. The median household income is $60,759 per year, which is near the national average. The median age in Santa Teresa is 33.2 years.
Housing in Santa Teresa has a median home value of $216,600 and median monthly rent of $1,259. Of the 2,264 total housing units, the majority are owner-occupied, with 1,477 owner-occupied and 674 renter-occupied units.
The unemployment rate in Santa Teresa is 3.4% and the poverty rate is 28.9%. 38.1% of residents hold a bachelor's degree or higher. The average commute time is 27.4 minutes.
How Santa Teresa Ranks in New Mexico
Cost of Living in Santa Teresa, NM
Compared to national averages, Santa Teresa has a median household income of $60,759 (19% below the national median of $75,149). Home values average $216,600, which is 12% below the national median. Monthly rent at $1,259 is 8% above the US average of $1,163. Within New Mexico, Santa Teresa's income is 10% below the state average of $67,435, and home values are 7% below the state median of $233,762.
Why Live in Santa Teresa, NM?
Santa Teresa offers affordable housing with a median home value of $216,600, below the US average of $244,900, and a strong job market with an unemployment rate of just 3.4%, and a well-educated community where 38.1% of residents hold a bachelor’s degree or higher.
Potential considerations include median household income ($60,759) that falls below the national average. However, Santa Teresa’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Santa Teresa has a population of 5,973 with a median age of 33.2 years. Compare Santa Teresa with other cities to see how it stacks up, or explore all cities in New Mexico.
Similar Cities Near Santa Teresa
Cities in New Mexico with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Raton | 6,013 | $52,007 | $148,200 | Compare |
| Truth or Consequences | 6,026 | $29,142 | $107,500 | Compare |
| Los Ranchos de Albuquerque | 5,869 | $70,801 | $442,100 | Compare |
| North Hobbs | 6,099 | $89,279 | $233,200 | Compare |
| Edgewood | 6,122 | $81,227 | $278,100 | Compare |
| Zuni Pueblo | 6,132 | $43,021 | $79,200 | Compare |
| Aztec | 6,177 | $42,699 | $164,700 | Compare |
| Eldorado at Santa Fe | 5,746 | $96,692 | $542,800 | 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.
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Frequently Asked Questions about Santa Teresa
What is the population of Santa Teresa, NM?
The population of Santa Teresa, NM is 5,973 according to the latest Census data.
What is the median household income in Santa Teresa?
The median household income in Santa Teresa, NM is $60,759 per year.
What is the median home value in Santa Teresa?
The median home value in Santa Teresa, NM is $216,600.
What is the average rent in Santa Teresa?
The median monthly rent in Santa Teresa, NM is $1,259.
What is the unemployment rate in Santa Teresa?
The unemployment rate in Santa Teresa, NM is 3.4%.