Apartments for rent in Santa Teresa, NM

Santa Teresa, New Mexico is a small town with just over 5,000 residents. It's a great place to raise a family, as young children account for a larger portion of the population here (9%) than nationally (6%), though young adults are also well-represented. With an average age of just under 34, the town's population is notably younger than most cities in New Mexico. Renters tend to be in the minority in the area, and 62% of residents own their homes. At $913 per month, the average rent is roughly equal to the state average.

Among Santa Teresa residents over the age of 25, 10% possess a Bachelor's degree and 6% have a Master's or Doctoral degree. Many Santa Teresa residents work in one of two industries: retail and entertainment. Combined, these industries make up 14% of the town's labor force. Meanwhile, in terms of job function, many workers in these industries are in sales, making it the top career path in the town. With an average annual income of around $60K, Santa Teresa workers bring in about the same as their peers elsewhere in New Mexico. Santa Teresa, however, compares less favorably to the national average ($73,345).

Santa Teresa residents have an average commute of about 26 minutes. Many residents (36%) drive themselves to work, while public transportation isn't used. Walking isn't a common way to get to work.