Tatum, NM
Population 736 · New Mexico
About Tatum, NM
Tatum is a small community located in New Mexico with a population of 736 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 34.3 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Tatum features a median home value of $107,400, which is 56% below the national median of $244,900. This makes Tatum one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $943, 19% below the national average of $1,163/month. Of the 377 total housing units, 77% are owner-occupied (241 units) and 23% are renter-occupied (73 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Tatum 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 15.7%, above the national average of 12.4%. Workers in Tatum have an average one-way commute time of 27.3 minutes.
Education & Demographics
18.3% of Tatum 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 44.0% White, 8.2% Hispanic or Latino, 0.8% Black or African American, and 2.7% Asian residents, with 9.6% of the population being foreign-born.
Cost of Living in Tatum, NM
Compared to national averages, Tatum has a median household income of $0 (100% below the national median of $75,149). Home values average $107,400, which is 56% below the national median. Monthly rent at $943 is 19% below the US average of $1,163. Within New Mexico, Tatum's income is 100% below the state average of $67,435, and home values are 54% below the state median of $233,762.
Why Live in Tatum, NM?
Tatum offers affordable housing with a median home value of $107,400, below the US average of $244,900, and rent that’s lower than the national average at $943/month, and a strong job market with an unemployment rate of just 0.0%.
Potential considerations include median household income ($0) that falls below the national average. However, Tatum’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Tatum has a population of 736 with a median age of 34.3 years. Compare Tatum with other cities to see how it stacks up, or explore all cities in New Mexico.
Similar Cities Near Tatum
Cities in New Mexico with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| San Jose CDP (Rio Arriba County), New Mexico | 739 | $57,019 | $250,400 | Compare |
| El Duende | 730 | $90,859 | $0 | Compare |
| Polvadera | 730 | $0 | $180,000 | Compare |
| San Pablo | 729 | $83,056 | $278,500 | Compare |
| Cedar Crest | 746 | $143,750 | $254,200 | Compare |
| San Mateo | 726 | $0 | $0 | Compare |
| Chama | 748 | $0 | $194,300 | 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 Tatum With Other Cities
Frequently Asked Questions about Tatum
What is the population of Tatum, NM?
The population of Tatum, NM is 736 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 Tatum?
The median household income in Tatum, NM is $0 per year, which is 100% below the national median of $75,149.
What is the median home value in Tatum?
The median home value in Tatum, NM is $107,400, which is 56% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Tatum?
The median monthly rent in Tatum, NM is $943, which is 19% below the national average of $1,163/month.
What is the unemployment rate in Tatum?
The unemployment rate in Tatum, 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 Tatum, NM a good place to live?
Tatum offers a moderate cost of living, affordable housing, and a strong job market. With a population of 736 and a median age of 34.3, the city appeals to young professionals and families.
How educated is Tatum, NM?
18.3% of residents in Tatum 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 Tatum?
Key cost-of-living indicators for Tatum, NM: median home value is $107,400 (56% below national), median rent is $943/month, and median household income is $0. The home-value-to-income ratio is Infinityx, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Tatum?
The poverty rate in Tatum, NM is 15.7%, 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 Tatum, NM?
Tatum's population is 44.0% White, 8.2% Hispanic or Latino, 0.8% Black or African American, 2.7% Asian, and 0.0% two or more races. 9.6% of residents are foreign-born.