Twin Lakes, NM
Population 961 · New Mexico
About Twin Lakes, NM
Twin Lakes is a small community located in New Mexico with a population of 961 residents according to the latest US Census Bureau American Community Survey data. The median household income is $22,917 per year, which is 70% below the national median of $75,149. The median age of 45.3 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 Twin Lakes features a median home value of $56,000, which is 77% below the national median of $244,900. This makes Twin Lakes one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $475, 59% below the national average of $1,163/month. Of the 361 total housing units, 92% are owner-occupied (281 units) and 8% are renter-occupied (24 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Twin Lakes shows an unemployment rate of 18.3%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 51.8%, above the national average of 12.4%. Workers in Twin Lakes have an average one-way commute time of 22.5 minutes.
Education & Demographics
3.7% of Twin Lakes 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 0.6% White, 96.7% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
How Twin Lakes Ranks in New Mexico
Cost of Living in Twin Lakes, NM
Compared to national averages, Twin Lakes has a median household income of $22,917 (70% below the national median of $75,149). Home values average $56,000, which is 77% below the national median. Monthly rent at $475 is 59% below the US average of $1,163. Within New Mexico, Twin Lakes's income is 66% below the state average of $67,435, and home values are 76% below the state median of $233,762.
Why Live in Twin Lakes, NM?
Twin Lakes offers affordable housing with a median home value of $56,000, below the US average of $244,900, and rent that’s lower than the national average at $475/month, and short commute times averaging just 22.5 minutes.
Potential considerations include median household income ($22,917) that falls below the national average. However, Twin Lakes’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Twin Lakes has a population of 961 with a median age of 45.3 years. Compare Twin Lakes with other cities to see how it stacks up, or explore all cities in New Mexico.
Similar Cities Near Twin Lakes
Cities in New Mexico with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| El Rito | 961 | $24,611 | $273,700 | Compare |
| Carrizozo | 959 | $26,121 | $80,200 | Compare |
| Fort Sumner | 958 | $0 | $154,000 | Compare |
| Cañoncito | 946 | $72,072 | $402,400 | Compare |
| Skyline-Ganipa | 937 | $66,071 | $57,200 | Compare |
| Santa Clara Pueblo | 1,002 | $42,083 | $205,700 | Compare |
| La Union | 917 | $0 | $156,300 | Compare |
| Arenas Valley | 915 | $74,107 | $166,100 | 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 Twin Lakes With Other Cities
Frequently Asked Questions about Twin Lakes
What is the population of Twin Lakes, NM?
The population of Twin Lakes, NM is 961 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 Twin Lakes?
The median household income in Twin Lakes, NM is $22,917 per year, which is 70% below the national median of $75,149.
What is the median home value in Twin Lakes?
The median home value in Twin Lakes, NM is $56,000, which is 77% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Twin Lakes?
The median monthly rent in Twin Lakes, NM is $475, which is 59% below the national average of $1,163/month.
What is the unemployment rate in Twin Lakes?
The unemployment rate in Twin Lakes, NM is 18.3%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Twin Lakes, NM a good place to live?
Twin Lakes offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 961 and a median age of 45.3, the city appeals to established professionals and retirees.
How educated is Twin Lakes, NM?
3.7% of residents in Twin Lakes 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 Twin Lakes?
Key cost-of-living indicators for Twin Lakes, NM: median home value is $56,000 (77% below national), median rent is $475/month, and median household income is $22,917. The home-value-to-income ratio is 2.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Twin Lakes?
The poverty rate in Twin Lakes, NM is 51.8%, 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 Twin Lakes, NM?
Twin Lakes's population is 0.6% White, 96.7% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.