Folsom, NM

Census Place

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2023 Population

16.7% 1-year growth

US Senator

Martin Heinrich

Democratic Party

US Senator

Ben Ray Luján

Democratic Party

2023 Median Age

9.8

70% 1-year decrease

2023 Median Household Income

$93,750

30.4% 1-year growth

2023 Employed Population

6.67% 1-year growth

About

In 2023, Folsom, NM had a population of 56 people with a median age of 9.8 and a median household income of $93,750. Between 2022 and 2023 the population of Folsom, NM grew from 48 to 56, a 16.7% increase and its median household income grew from $71,875 to $93,750, a 30.4% increase.

The 5 largest ethnic groups in Folsom, NM are White (Non-Hispanic) (100%), Black or African American (Non-Hispanic) (0%), American Indian & Alaska Native (Non-Hispanic) (0%), Asian (Non-Hispanic) (0%), and Native Hawaiian & Other Pacific Islander (Non-Hispanic) (0%).

None of the households in Folsom, NM reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.

100% of the residents in Folsom, NM are U.S. citizens.

United States New Mexico Union County, NM Eastern New Mexico PUMA, NM

Population & Diversity

Folsom, NM is home to a population of 56 people, from which 100% are citizens. As of 2023, 0% of Folsom, NM residents were born outside of the country (0 people).

In 2023, there were NaNy times more White (Non-Hispanic) residents (56 people) in Folsom, NM than any other race or ethnicity. There were 0 Black or African American (Non-Hispanic) and 0 American Indian & Alaska Native (Non-Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

100%

2023 Citizenship

100%

2022 Citizenship

As of 2023, 100% of Folsom, NM residents were US citizens, which is higher than the national average of 93.4%. In 2022, the percentage of US citizens in Folsom, NM was 100%, meaning that the rate of citizenship has been maintaining.

The following chart shows US citizenship percentages in Folsom, NM compared to that of it's neighboring and parent geographies.

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Folsom, NM

White (Non-Hispanic)
56 ± 68
Black or African American (Non-Hispanic)
0 ± 13
American Indian & Alaska Native (Non-Hispanic)
0 ± 13

The following chart shows the 8 races represented in Folsom, NM as a share of the total population.

Military

Veterans

Most Common Service Period

Gulf War (1990s)
0 ± 18
Vietnam
0 ± 23
Korea
0 ± 18

Folsom, NM has a large population of military personnel who served in Gulf War (1990s), NaNN times greater than any other conflict.

Economy

The economy of Folsom, NM employs 16 people. In 2023, the largest industries in Folsom, NM were Public Administration (5 people), Agriculture, Forestry, Fishing & Hunting (4 people), and Arts, Entertainment, & Recreation (4 people), and the highest paying industries were Agriculture, Forestry, Fishing & Hunting, & Mining ($N/A), Health Care & Social Assistance ($N/A), and Mining, Quarrying, & Oil & Gas Extraction ($N/A).

Employment

Occupations

2023 Value

± 89

6.67%

1 Year growth

± 759%

From 2022 to 2023, employment in Folsom, NM grew at a rate of 6.67%, from 15 employees to 16 employees.

The most common job groups, by number of people living in Folsom, NM, are Management Occupations (8 people), Law Enforcement Workers Including Supervisors (5 people), and Computer & Mathematical Occupations (3 people). This chart illustrates the share breakdown of the primary jobs held by residents of Folsom, NM.

Unemployment Insurance Claims

Data is only available at the state level. Showing data for New Mexico.

This chart shows weekly unemployment insurance claims in New Mexico (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

Industries

Employment by Industries

2023 Value

± 89

6.67%

1 Year growth

± 759%

From 2022 to 2023, employment in Folsom, NM grew at a rate of 6.67%, from 15 employees to 16 employees.

The most common employment sectors for those who live in Folsom, NM, are Public Administration (5 people), Agriculture, Forestry, Fishing & Hunting (4 people), and Arts, Entertainment, & Recreation (4 people). This chart shows the share breakdown of the primary industries for residents of Folsom, NM, though some of these residents may live in Folsom, NM and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$51,750

Median earning men ± $3,405

$N/A

Median earning women ± $N/A

The industries with the best median earnings for men in 2023 are Public Administration ($N/A), Other Services Except Public Administration ($N/A), and Arts, Entertainment, & Recreation, & Accommodations & Food Services ($N/A).

The industries with the best median earnings for women in 2023 are Public Administration ($N/A), Other Services Except Public Administration ($N/A), and Arts, Entertainment, & Recreation, & Accommodations & Food Services ($N/A).

Employment by Industry Sector

Data is only available at the state level. Showing data for New Mexico.

Y-Axis

2.72%

Year-over-year growth

Employment change between February 2022 and February 2023

As of February 2023, there are 860k people employed in New Mexico. This represents a 2.72% increase in employment when compared to February 2022.

Right after the beginning of the COVID-19 pandemic, during April 2020, a general dip can be seen across industry sectors, resulting in an overall decline in employment by 10.8%.

The following chart shows monthly employment numbers for each industry sector in New Mexico.

Education

Completions

Awarded Degrees over Time

The graph shows the evolution of awarded degrees by degrees. Under the paragraphs, the average number of awarded degrees by university in each degree is shown.

Working Population

Educational Pyramid

Data is only available at the state level. Showing data for New Mexico.

Measure

In 2023, 1.18% of men over 25 years of age had not completed any academic degree (no schooling), while 0.99% of women were in the same situation.

This visualization shows the gender distribution of the population according to the academic level reached.

Educational Attainment

Data is only available at the state level. Showing data for New Mexico.

Race

The most common educational levels obtained by the working population in 2023 were High School or Equivalent (451k), Some college (389k), and Bachelors Degree (255k).

This visualization illustrates the percentage distribution of the population according to the highest educational level reached. You can filter the data by race by using the selector above.

Housing & Living

Equity

Income by Location

Use the dropdown to filter by race/ethnicity.

Race/Ethnicity

The following map shows all of the places in Folsom, NM colored by their Median Household Income (Total).

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$93,750

Median Household Income

± $88,271

Number of Households

± 48

In 2023, the median household income of the 10 households in Folsom, NM grew to $93,750 from the previous year's value of $71,875.

The following chart displays the households in Folsom, NM distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $20k - $25k range.

Wage Distribution

The closest comparable wage GINI for Folsom, NM is from Folsom, NM.

N/A Wage GINI in N/A

In N/A, the income inequality in N/A was N/A according to the GINI calculation of the wage distribution. Income inequality had a N/A N/A from N/A to N/A, which means that wage distribution grew somewhat N/A even. The GINI for N/A was N/A than the national average of 0.476. In other words, wages are distributed N/A evenly in N/A in comparison to the national average.

This chart shows the number of workers in Folsom, NM across various wage buckets compared to the national average.

Transportation

Commuter Transportation

Most Common Commute in 2023

Drove Alone (68.8%)
Worked At Home (31.3%)
Carpooled (0%)

In 2023, 68.8% of workers in Folsom, NM drove alone to work, followed by those who worked at home (31.3%) and those who carpooled to work (0%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

Commute Time

N/A minutes

Average Travel Time

Using averages, employees in Folsom, NM have a shorter commute time (N/A minutes) than the normal US worker (26.6 minutes). Additionally, 0% of the workforce in Folsom, NM have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Folsom, NM compares to that of it's neighboring and parent geographies.

Car Ownership

4 cars

Average Number

The following chart displays the households in Folsom, NM distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Folsom, NM have 4 cars.

Poverty

Poverty & Diversity

0% of the population for whom poverty status is determined in Folsom, NM (0 out of 56 people) live below the poverty line, a number that is lower than the national average of 12.4%. The largest demographic living in poverty are Females 75+, followed by Females 65 - 74 and then Females 55 - 64.

The most common racial or ethnic group living below the poverty line in Folsom, NM is White, followed by Black and Native American.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

Social Needs

Data only available at the state level.

Most prevalent states

California
35,798 individuals
New York
5,087 individuals
Florida
4,915 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798. New York has the second highest (5,087), followed by Florida (4,915).

The following map shows the estimated number of chronically homeless individuals by state over multiple years.

Health

92.9% of the population of Folsom, NM has health coverage, with 82.1% on employee plans, 0% on Medicaid, 10.7% on Medicare, 0% on non-group plans, and 0% on military or VA plans.

Primary care physicians in New Mexico see 1,344 patients per year on average, which represents a 1.13% increase from the previous year (1,329 patients). Compare this to dentists who see 1436 patients per year, and mental health providers who see 224 patients per year.

By gender, of the total number of insured persons, 50% were men and 50% were women.

Coverage

Health Care Diversity

In 2023, insured persons according to age ranges were distributed in 51.8% under 18 years, 14.3% between 18 and 34 years, 23.2% between 35 and 64 years, and 10.7% over 64 years.

By gender, of the total number of insured persons, 50% were men and 50% were women.

The following chart shows the number of people with health coverage by gender.

Uninsured People

7.14%

Uninsured

82.1%

Employer Coverage

Medicaid

10.7%

Medicare

Non-Group

Military or VA

Between 2022 and 2023, the percent of uninsured citizens in Folsom, NM declined by 42.9% from 12.5% to 7.14%.

The following chart shows how the percent of uninsured individuals in Folsom, NM changed over time compared with the percent of individuals enrolled in various types of health insurance.

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