Velarde, NM
Population 248 · New Mexico
About Velarde, NM
Velarde is a small community in New Mexico with a population of 248 residents. The median household income is $63,707 per year, which is near the national average. The median age in Velarde is 47.8 years.
Housing in Velarde has a median home value of $0 and median monthly rent of $0. Of the 242 total housing units, renting is more common than owning, with 67 owner-occupied and 99 renter-occupied units.
The unemployment rate in Velarde is 0.0% and the poverty rate is 38.7%. 33.3% of residents hold a bachelor's degree or higher. The average commute time is 34.4 minutes.
Cost of Living in Velarde, NM
Compared to national averages, Velarde has a median household income of $63,707 (15% 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, Velarde's income is 6% below the state average of $67,435, and home values are 100% below the state median of $233,762.
Why Live in Velarde, NM?
Velarde 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%.
Potential considerations include median household income ($63,707) that falls below the national average. However, Velarde’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Velarde has a population of 248 with a median age of 47.8 years. Compare Velarde with other cities to see how it stacks up, or explore all cities in New Mexico.
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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 Velarde
What is the population of Velarde, NM?
The population of Velarde, NM is 248 according to the latest Census data.
What is the median household income in Velarde?
The median household income in Velarde, NM is $63,707 per year.
What is the median home value in Velarde?
The median home value in Velarde, NM is $0.
What is the average rent in Velarde?
The median monthly rent in Velarde, NM is $0.
What is the unemployment rate in Velarde?
The unemployment rate in Velarde, NM is 0.0%.