Folsom, NM

Census Place

Add Comparison

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

2022 Median Property Value

$184,400

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%), White (Hispanic) (0%), Black or African American (Non-Hispanic) (0%), Black or African American (Hispanic) (0%), and American Indian & Alaska Native (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.

In 2022, the median property value in Folsom, NM was $184,400, and the homeownership rate was 100%.

Most people in Folsom, NM drove alone to work, and the average commute time was 26.6 minutes. The average car ownership in Folsom, NM was 4 cars per household.

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 White (Hispanic) and 0 Black or African American (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
White (Hispanic)
0 ± 13
Black or African American (Non-Hispanic)
0 ± 13

The following chart shows the 7 races represented in Folsom, NM as a share of the total population.

Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for New Mexico.

Most Common Origin

Mexico
128,832 ± 8,539 people
Philippines
5,882 ± 1,880 people
Germany
4,070 ± 1,565 people

In 2022, the most common birthplace for the foreign-born residents of New Mexico was Mexico, the natal country of 128,832 New Mexico residents, followed by Philippines with 5,882 and Germany with 4,070.

Military

Veterans

Most Common Service Period

Gulf War (2001-)
0 ± 23
Gulf War (1990s)
0 ± 18
Vietnam
0 ± 23

Folsom, NM has a large population of military personnel who served in Gulf War (2001-), NaNN times greater than any other conflict.

Economy

The economy of Folsom, NM employs 16 people. The largest industries in Folsom, NM are Public Administration (5 people), Agriculture, Forestry, Fishing & Hunting (4 people), and Arts, Entertainment, & Recreation (4 people), and the highest paying industries are Total ($50,500).

Males in New Mexico have an average income that is 1.26 times higher than the average income of females, which is $53,740. The income inequality in New Mexico (measured using the Gini index) is 0.462, which is lower than than the national average.

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 false.

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.

View Full Dashboard

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.

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 2022, 1.05% of men over 25 years of age had not completed any academic degree (no schooling), while 0.86% 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 false were N/A.

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

The median property value in Folsom, NM was $184,400 in 2022, which is 0.608 times smaller than the national average of $303,400. Between N/A and 2022 the median property value increased from N/A to $184,400, a N/A N/A. The homeownership rate in Folsom, NM is 100%, which is approximately the same as the national average of 65%.

People in Folsom, NM have an average commute time of 26.6 minutes, and they drove alone to work. Car ownership in Folsom, NM is higher than the national average, with an average of 4 cars per household.

Housing

Property

$184,400

Median Property Value 2022

±$80,964

$10

Median Property Taxes

±$43

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Folsom, NM the largest share of households pay taxes in the < $800 range.

The chart underneath the paragraph shows the property taxes in Folsom, NM compared to it's parent and neighbor geographies.

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 $15k - $20k range.

Wage Distribution

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

0.462

2022 Wage GINI in New Mexico

0.46

2021 Wage GINI in New Mexico

In 2022, the income inequality in New Mexico was 0.462 according to the GINI calculation of the wage distribution. Income inequality had a 0.44% growth from 2021 to 2022, which means that wage distribution grew somewhat less even. The GINI for New Mexico was lower than than the national average of 0.478. In other words, wages are distributed more evenly in New Mexico in comparison to the national average.

This chart shows the number of workers in New Mexico 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

26.6 minutes

Average Travel Time

Using averages, employees in Folsom, NM have a similar commute time (26.6 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 Males < 5, followed by Females < 5 and then Males 5.

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.

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, 48.3% were men and 51.7% 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.

Keep Exploring