Tano Road, NM
Population 1,581 · New Mexico
About Tano Road, NM
Tano Road is a small town located in New Mexico with a population of 1,581 residents according to the latest US Census Bureau American Community Survey data. The median household income is $166,649 per year, which is 122% above the national median of $75,149. The median age of 66.9 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 Tano Road features a median home value of $1,019,600, which is 316% above the national median of $244,900. This places Tano Road in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $2,196, 89% above the national average of $1,163/month. Of the 944 total housing units, 94% are owner-occupied (753 units) and 6% are renter-occupied (45 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Tano Road shows an unemployment rate of 6.5%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 9.1%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Tano Road have an average one-way commute time of 38.2 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
75.1% of Tano Road 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 1.9% White, 0.4% Hispanic or Latino, 0.8% Black or African American, and 5.7% Asian residents, with 3.9% of the population being foreign-born.
How Tano Road Ranks in New Mexico
Cost of Living in Tano Road, NM
Compared to national averages, Tano Road has a median household income of $166,649 (122% above the national median of $75,149). Home values average $1,019,600, which is 316% above the national median. Monthly rent at $2,196 is 89% above the US average of $1,163. Within New Mexico, Tano Road's income is 147% above the state average of $67,435, and home values are 336% above the state median of $233,762.
Why Live in Tano Road, NM?
Tano Road offers a strong local economy with a median household income of $166,649, well above the national average, and a well-educated community where 75.1% of residents hold a bachelor’s degree or higher, and a low poverty rate of 9.1%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $1,019,600. However, Tano Road’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Tano Road has a population of 1,581 with a median age of 66.9 years. Compare Tano Road with other cities to see how it stacks up, or explore all cities in New Mexico.
Similar Cities Near Tano Road
Cities in New Mexico with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Gamerco | 1,583 | $40,938 | $0 | Compare |
| White Sands | 1,577 | $87,059 | $0 | Compare |
| Elephant Butte | 1,586 | $45,179 | $166,800 | Compare |
| South River | 1,594 | $56,307 | $215,000 | Compare |
| Barton | 1,601 | $83,849 | $336,300 | Compare |
| El Valle de Arroyo Seco | 1,602 | $69,556 | $214,400 | Compare |
| Dixon | 1,551 | $43,148 | $362,300 | Compare |
| Rio Rancho Estates | 1,626 | $90,172 | $156,900 | 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 Tano Road With Other Cities
Frequently Asked Questions about Tano Road
What is the population of Tano Road, NM?
The population of Tano Road, NM is 1,581 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 Tano Road?
The median household income in Tano Road, NM is $166,649 per year, which is 122% above the national median of $75,149.
What is the median home value in Tano Road?
The median home value in Tano Road, NM is $1,019,600, which is 316% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Tano Road?
The median monthly rent in Tano Road, NM is $2,196, which is 89% above the national average of $1,163/month.
What is the unemployment rate in Tano Road?
The unemployment rate in Tano Road, NM is 6.5%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Tano Road, NM a good place to live?
Tano Road offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 1,581 and a median age of 66.9, the city appeals to established professionals and retirees.
How educated is Tano Road, NM?
75.1% of residents in Tano Road 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 Tano Road?
Key cost-of-living indicators for Tano Road, NM: median home value is $1,019,600 (316% above national), median rent is $2,196/month, and median household income is $166,649. The home-value-to-income ratio is 6.1x, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Tano Road?
The poverty rate in Tano Road, NM is 9.1%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Tano Road, NM?
Tano Road's population is 1.9% White, 0.4% Hispanic or Latino, 0.8% Black or African American, 5.7% Asian, and 0.0% two or more races. 3.9% of residents are foreign-born.