Waterflow, NM
Population 1,215 · New Mexico
About Waterflow, NM
Waterflow is a small town located in New Mexico with a population of 1,215 residents according to the latest US Census Bureau American Community Survey data. The median household income is $60,278 per year, which is 20% below the national median of $75,149. The median age of 39.2 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Waterflow features a median home value of $167,700, which is 32% below the national median of $244,900. This positions Waterflow in a moderately priced market relative to the rest of the country. Median monthly rent is $1,602, 38% above the national average of $1,163/month. Of the 548 total housing units, 60% are owner-occupied (248 units) and 40% are renter-occupied (162 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Waterflow shows an unemployment rate of 8.2%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 11.3%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Waterflow have an average one-way commute time of 23.3 minutes.
Education & Demographics
10.9% of Waterflow 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 9.5% White, 44.5% Hispanic or Latino, 0.0% Black or African American, and 11.0% Asian residents, with 3.4% of the population being foreign-born.
Cost of Living in Waterflow, NM
Compared to national averages, Waterflow has a median household income of $60,278 (20% below the national median of $75,149). Home values average $167,700, which is 32% below the national median. Monthly rent at $1,602 is 38% above the US average of $1,163. Within New Mexico, Waterflow's income is 11% below the state average of $67,435, and home values are 28% below the state median of $233,762.
Why Live in Waterflow, NM?
Waterflow offers affordable housing with a median home value of $167,700, below the US average of $244,900, and a low poverty rate of 11.3%, better than the national average, and short commute times averaging just 23.3 minutes.
Potential considerations include median household income ($60,278) that falls below the national average. However, Waterflow’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Waterflow has a population of 1,215 with a median age of 39.2 years. Compare Waterflow with other cities to see how it stacks up, or explore all cities in New Mexico.
Similar Cities Near Waterflow
Cities in New Mexico with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Iyanbito | 1,213 | $46,667 | $58,500 | Compare |
| Algodones | 1,198 | $63,750 | $236,500 | Compare |
| Alamo | 1,242 | $24,427 | $9,999 | Compare |
| Ohkay Owingeh | 1,178 | $65,179 | $2,000,001 | Compare |
| Capitan | 1,262 | $50,299 | $128,800 | Compare |
| Rock Springs | 1,166 | $93,333 | $17,100 | Compare |
| Cloudcroft | 1,275 | $38,428 | $200,000 | Compare |
| Doña Ana | 1,154 | $28,346 | $107,500 | 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 Waterflow With Other Cities
Frequently Asked Questions about Waterflow
What is the population of Waterflow, NM?
The population of Waterflow, NM is 1,215 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 Waterflow?
The median household income in Waterflow, NM is $60,278 per year, which is 20% below the national median of $75,149.
What is the median home value in Waterflow?
The median home value in Waterflow, NM is $167,700, which is 32% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Waterflow?
The median monthly rent in Waterflow, NM is $1,602, which is 38% above the national average of $1,163/month.
What is the unemployment rate in Waterflow?
The unemployment rate in Waterflow, NM is 8.2%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Waterflow, NM a good place to live?
Waterflow offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 1,215 and a median age of 39.2, the city appeals to a broad range of residents.
How educated is Waterflow, NM?
10.9% of residents in Waterflow 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 Waterflow?
Key cost-of-living indicators for Waterflow, NM: median home value is $167,700 (32% below national), median rent is $1,602/month, and median household income is $60,278. The home-value-to-income ratio is 2.8x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Waterflow?
The poverty rate in Waterflow, NM is 11.3%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Waterflow, NM?
Waterflow's population is 9.5% White, 44.5% Hispanic or Latino, 0.0% Black or African American, 11.0% Asian, and 0.0% two or more races. 3.4% of residents are foreign-born.