Soham, NM
Population 275 · New Mexico
About Soham, NM
Soham is a small community located in New Mexico with a population of 275 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 40.3 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Soham features a median home value of $0, which is 100% below the national median of $244,900. This makes Soham 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 173 total housing units, 100% are owner-occupied (173 units) and 0% are renter-occupied (0 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Soham 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 76.7%, above the national average of 12.4%. Workers in Soham have an average one-way commute time of 0 minutes, one of the shorter commutes in the region.
Education & Demographics
0.0% of Soham 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 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 100.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Soham, NM
Compared to national averages, Soham has a median household income of $0 (100% 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, Soham's income is 100% below the state average of $67,435, and home values are 100% below the state median of $233,762.
Why Live in Soham, NM?
Soham 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 short commute times averaging just 0 minutes.
Potential considerations include median household income ($0) that falls below the national average. However, Soham’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Soham has a population of 275 with a median age of 40.3 years. Compare Soham with other cities to see how it stacks up, or explore all cities in New Mexico.
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Demographics
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Economy & Education
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Soham
What is the population of Soham, NM?
The population of Soham, NM is 275 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 Soham?
The median household income in Soham, NM is $0 per year, which is 100% below the national median of $75,149.
What is the median home value in Soham?
The median home value in Soham, 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 Soham?
The median monthly rent in Soham, NM is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Soham?
The unemployment rate in Soham, 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 Soham, NM a good place to live?
Soham offers a moderate cost of living, affordable housing, and a strong job market. With a population of 275 and a median age of 40.3, the city appeals to a broad range of residents.
How educated is Soham, NM?
0.0% of residents in Soham 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 Soham?
Key cost-of-living indicators for Soham, NM: median home value is $0 (100% below national), median rent is $0/month, and median household income is $0. The home-value-to-income ratio is NaNx, a moderate figure by national standards.
What is the poverty rate in Soham?
The poverty rate in Soham, NM is 76.7%, 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 Soham, NM?
Soham's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 100.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.