Folsom, NM

Census Place

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2024 Population
11
US Senator
Martin Heinrich
Democratic Party
US Senator
Ben Ray Luján
Democratic Party
2024 Median Age
73.2
647% 1-year increase
2023 Median Household Income
$93,750
30.4% 1-year growth
2022 Median Property Value
$184,400
0.6% 1-year growth
2024 Employed Population
5
68.8% 1-year decline

About

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%.

Population & Diversity

Folsom, NM is home to a population of 11 people, from which 100% are citizens. As of 2024, 0% of Folsom, NM residents were born outside of the country (0 people).

In 2024, there were NaNy times more White (Non-Hispanic) residents (11 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.

Citizenship

100%
2024 Citizenship
100%
2023 Citizenship

As of 2024, 100% of Folsom, NM residents were US citizens, which is higher than the national average of 93.2%. In 2023, 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.

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Race and Ethnicity

The 3 largest ethnic groups in Folsom, NM
  1. White (Non-Hispanic)
    11 ± 12
  2. Black or African American (Non-Hispanic)
    0 ± 14
  3. American Indian & Alaska Native (Non-Hispanic)
    0 ± 14

In 2024, there were NaNy times more White (Non-Hispanic) residents (11 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.

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

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Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for New Mexico.
Most Common Origin
  1. Mexico
    124,411 ± 8,401 people
  2. Philippines
    6,498 ± 1,976 people
  3. Germany
    4,186 ± 1,587 people

In 2023, the most common birthplace for the foreign-born residents of New Mexico was Mexico, the natal country of 124,411 New Mexico residents, followed by Philippines with 6,498 and Germany with 4,186.

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Economy

Occupations

5
2024 Value
± 97
−68.8%
1 Year decline
± 6.47k%

From 2023 to 2024, employment in Folsom, NM declined at a rate of −68.8%, from 16 employees to 5 employees.

The most common job groups, by number of people living in Folsom, NM, are Management Occupations (5 people), Fire Fighting & Prevention, & Other Protective Service Workers Including Supervisors (0 people), and Computer & Mathematical Occupations (0 people). This chart illustrates the share breakdown of the primary jobs held by residents of Folsom, NM.

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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.

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Employment by Industries

5
2024 Value
± 97
−68.8%
1 Year decline
± 6.47k%

From 2023 to 2024, employment in Folsom, NM declined at a rate of −68.8%, from 16 employees to 5 employees.

The most common employment sectors for those who live in Folsom, NM, are Agriculture, Forestry, Fishing & Hunting (5 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.

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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.

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Housing & Living

The median property value in Folsom, NM was $184,400 in 2022, which is 0.554 times smaller than the national average of $332,700. Between 2021 and 2022 the median property value increased from $183,300 to $184,400, a 0.6% increase. The homeownership rate in Folsom, NM is 100%, which is higher than the national average of 65.2%.

Property

$184,400
Median Property Value 2022
±$80,964
$6
Median Property Taxes
±$47

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.

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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
6
Number of Households
± 53

In 2023, the median household income of the 6 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.

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Wage Distribution

The closest comparable wage GINI for Folsom, NM is from New Mexico.
0.462
2023 Wage GINI in New Mexico
0.462
2022 Wage GINI in New Mexico

In 2023, the income inequality in New Mexico was 0.462 according to the GINI calculation of the wage distribution. Income inequality had a 0.0654% growth from 2022 to 2023, which means that wage distribution grew somewhat less even. The GINI for New Mexico was lower than than the national average of 0.476. 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.

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Commuter Transportation

Most Common Commute in 2024
  1. Worked At Home (60%)
  2. Drove Alone (40%)

In 2024, 60% of workers in Folsom, NM worked at home, followed by those who drove alone to work (40%) 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.

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Car Ownership

5 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 5 cars.

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Health

54.5% of the population of Folsom, NM has health coverage, with 0% on employee plans, 0% on Medicaid, 54.5% 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 0% change from the previous year (1,344 patients). Compare this to dentists who see 1436 patients per year, and mental health providers who see 215 patients per year.

By gender, of the total number of insured persons, 54.5% were men and 45.5% were women.

Health Care Diversity

In 2024, insured persons according to age ranges were distributed in 0% under 18 years, 0% between 18 and 34 years, 45.5% between 35 and 64 years, and 54.5% over 64 years.

By gender, of the total number of insured persons, 54.5% were men and 45.5% were women.

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

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Uninsured People

45.5%
Uninsured
0%
Employer Coverage
0%
Medicaid
54.5%
Medicare
0%
Non-Group
0%
Military or VA

Between 2023 and 2024, the percent of uninsured citizens in Folsom, NM grew by 536% from 7.14% to 45.5%.

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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