Talpa, NM
Population 1,126 · New Mexico
About Talpa, NM
Talpa is a small town located in New Mexico with a population of 1,126 residents according to the latest US Census Bureau American Community Survey data. The median household income is $59,323 per year, which is 21% below the national median of $75,149. The median age of 54.4 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 Talpa features a median home value of $356,300, which is 45% above the national median of $244,900. This positions Talpa in a moderately priced market relative to the rest of the country. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 735 total housing units, 88% are owner-occupied (540 units) and 12% are renter-occupied (72 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Talpa 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 7.6%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Talpa have an average one-way commute time of 15.5 minutes, one of the shorter commutes in the region.
Education & Demographics
55.7% of Talpa residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 23.8% White, 2.0% Hispanic or Latino, 0.0% Black or African American, and 13.5% Asian residents, with 1.7% of the population being foreign-born.
Cost of Living in Talpa, NM
Compared to national averages, Talpa has a median household income of $59,323 (21% below the national median of $75,149). Home values average $356,300, which is 45% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within New Mexico, Talpa's income is 12% below the state average of $67,435, and home values are 52% above the state median of $233,762.
Why Live in Talpa, NM?
Talpa offers rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%, and a well-educated community where 55.7% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 7.6%, better than the national average, and short commute times averaging just 15.5 minutes.
Potential considerations include median household income ($59,323) that falls below the national average. However, Talpa’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Talpa has a population of 1,126 with a median age of 54.4 years. Compare Talpa with other cities to see how it stacks up, or explore all cities in New Mexico.
Similar Cities Near Talpa
Cities in New Mexico with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Hurley | 1,137 | $41,167 | $82,900 | Compare |
| Black Rock | 1,108 | $55,350 | $80,000 | Compare |
| Dexter | 1,144 | $61,118 | $95,200 | Compare |
| Pecos | 1,145 | $69,327 | $260,000 | Compare |
| Columbus | 1,147 | $24,554 | $91,400 | Compare |
| Spencerville | 1,100 | $60,708 | $255,400 | Compare |
| Doña Ana | 1,154 | $28,346 | $107,500 | Compare |
| Springer | 1,098 | $48,188 | $94,800 | 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.
Compare Talpa With Other Cities
Frequently Asked Questions about Talpa
What is the population of Talpa, NM?
The population of Talpa, NM is 1,126 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in New Mexico.
What is the median household income in Talpa?
The median household income in Talpa, NM is $59,323 per year, which is 21% below the national median of $75,149.
What is the median home value in Talpa?
The median home value in Talpa, NM is $356,300, which is 45% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Talpa?
The median monthly rent in Talpa, NM is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Talpa?
The unemployment rate in Talpa, 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 Talpa, NM a good place to live?
Talpa offers a moderate cost of living, a competitive housing market, and a strong job market. With a population of 1,126 and a median age of 54.4, the city appeals to established professionals and retirees.
How educated is Talpa, NM?
55.7% of residents in Talpa aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Talpa?
Key cost-of-living indicators for Talpa, NM: median home value is $356,300 (45% above national), median rent is $0/month, and median household income is $59,323. The home-value-to-income ratio is 6.0x, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Talpa?
The poverty rate in Talpa, NM is 7.6%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Talpa, NM?
Talpa's population is 23.8% White, 2.0% Hispanic or Latino, 0.0% Black or African American, 13.5% Asian, and 0.0% two or more races. 1.7% of residents are foreign-born.