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Last Updated: 09/25/2022


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All About

Living In Placitas, NM

The small town of Placitas, New Mexico is home to just under 1,000 residents. Families with young children are a frequent sight, as kids under 5 make up an above-average percentage of the community, while retirees appear in smaller numbers. With an average age of just over 31, the town's residents are notably younger than most cities in New Mexico. Renters tend to be in the minority in the area, and 56% of residents own their homes. With a relatively low average rent of $313/month in the town, renting remains an affordable option, particularly compared to other cities in New Mexico. Over the course of a year, renters in Placitas will save around $6,700 compared to the state average.

Two percent of Placitas residents over the age of 25 possess a Bachelor's, Master's, Professional, or Doctoral degree. Many Placitas residents work in one of three industries: agriculture, retail, and healthcare. Together, these industries make up 27% of the labor force in the town. Placitas workers earn an average annual income of about $24K, the 5th-lowest average income of any municipality in New Mexico. Placitas's average income also falls below the national average of $73,345.

Averaging about 19 minutes, Placitas's commute time is quicker than the New Mexico average of about 23 minutes. Many residents (42%) commute to work by car, while public transit isn't used. Few residents walk to work.

Frequently Asked Questions About Placitas

How much does it cost to rent in Placitas, NM?

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