Peak Place, NM

Census Place

2024 Population

427

US Senator

Martin Heinrich

Democratic Party

US Senator

Ben Ray Luján

Democratic Party

2024 Median Age

28.6

1.06% 1-year increase

2024 Poverty Rate

32.6%

55.7% 1-year increase

2024 Median Household Income

$40,938

18.8% 1-year decline

2024 Median Property Value

$13,800

Population & Diversity

Peak Place, NM is home to a population of 427 people, from which 85.5% are citizens.

As of 2024, 20.4% of Peak Place, NM residents were born outside of the country (87 people).

In 2024, there were 1.73 times more White (Hispanic) residents (152 people) in Peak Place, NM than any other race or ethnicity. There were 88 Other (Hispanic) and 70 Two Races Including Other (Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

85.5%

2024 Citizenship

84.1%

2023 Citizenship

As of 2024, 85.5% of Peak Place, NM residents were US citizens, which is lower than the national average of 93.2%. In 2023, the percentage of US citizens in Peak Place, NM was 84.1%, meaning that the rate of citizenship has been increasing.

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

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Peak Place, NM

White (Hispanic)
152 ± 74
Other (Hispanic)
88 ± 46
Two Races Including Other (Hispanic)
70 ± 60

88.1%

Hispanic Population

376 people

88.1% of the people in Peak Place, NM are hispanic (376 people).

The following chart shows the 8 races represented in Peak Place, 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
126,568 ± 8,470 people
Philippines
6,950 ± 2,043 people
Germany
4,158 ± 1,582 people

In 2024, the most common birthplace for the foreign-born residents of New Mexico was Mexico, the natal country of 126,568 New Mexico residents, followed by Philippines with 6,950 and Germany with 4,158.

Foreign-Born Population

20.4%

2024 Foreign-Born Population

87 people

21.1%

2023 Foreign-Born Population

102 people

As of 2024, 20.4% of Peak Place, NM residents (87 people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in Peak Place, NM was 21.1%, meaning that the rate has been decreasing.

The following chart shows the percentage of foreign-born residents in Peak Place, NM compared to that of it's neighboring and parent geographies.

Military

Veterans

Most Common Service Period

Vietnam
4 ± 20
Gulf War (1990s)
2 ± 15

Peak Place, NM has a large population of military personnel who served in Vietnam, 2 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in Peak Place, NM.

Economy

The economy of Peak Place, NM employs 158 people. In 2024, the largest industries in Peak Place, NM were Retail Trade (28 people), Construction (21 people), and Public Administration (21 people), and the highest paying industries were Public Administration ($55,469), Educational Services ($42,188), and Construction ($29,875).

Employment

Occupations

158

2024 Value

± 82

−17.7%

1 Year decline

± 79.9%

From 2023 to 2024, employment in Peak Place, NM declined at a rate of −17.7%, from 192 employees to 158 employees.

The most common job groups, by number of people living in Peak Place, NM, are Food Preparation & Serving Related Occupations (22 people), Sales & Related Occupations (19 people), and Construction & Extraction Occupations (19 people). This chart illustrates the share breakdown of the primary jobs held by residents of Peak Place, 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

158

2024 Value

± 82

−17.7%

1 Year decline

± 79.9%

From 2023 to 2024, employment in Peak Place, NM declined at a rate of −17.7%, from 192 employees to 158 employees.

The most common employment sectors for those who live in Peak Place, NM, are Retail Trade (28 people), Construction (21 people), and Public Administration (21 people). This chart shows the share breakdown of the primary industries for residents of Peak Place, NM, though some of these residents may live in Peak Place, NM and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$33,281

Median earning men ± $6,002

$27,083

Median earning women ± $16,604

The industries with the best median earnings for men in 2024 are Retail Trade ($31,964), Construction ($29,875), and Educational Services, & Health Care & Social Assistance ($26,563).

The industries with the best median earnings for women in 2024 are Public Administration ($47,321), Educational Services, & Health Care & Social Assistance ($41,563), and Professional, Scientific, & Management, & Administrative & Waste Management Services ($25,833).

Housing & Living

The median property value in Peak Place, NM was $13,800 in 2024, which is 0.0415 times smaller than the national average of $332,700. Between 2023 and 2024 the median property value increased from $13,600 to $13,800, a 1.47% increase. The homeownership rate in Peak Place, NM is 93.3%, which is higher than the national average of 65.2%.

People in Peak Place, NM have an average commute time of 22.1 minutes, and they drove alone to work. Car ownership in Peak Place, NM is higher than the national average, with an average of 3 cars per household.

Housing

Property

$13,800

Median Property Value 2024

±$4,700

$111

Median Property Taxes

±$48

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 Peak Place, NM the largest share of households pay taxes in the < $800 range.

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

Rent vs Own

93.3%

Homeownership

2024

76.1%

Homeowners with Mortgage

2024

In 2024, 93.3% of the housing units in Peak Place, NM were occupied by their owner. This percentage declined from the previous year's rate of 94.6%.

This chart shows the percentage of owner in Peak Place, NM compared it's parent and neighboring geographies.

Equity

Household Income

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

$40,938

Median Household Income

± $18,525

119

Number of Households

± 41

In 2024, the median household income of the 119 households in Peak Place, NM declined from $40,938 from the previous year's value of $50,417.

The following chart displays the households in Peak Place, 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 $75k - $100k range.

Wage Distribution

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

0.46

2024 Wage GINI in New Mexico

0.462

2023 Wage GINI in New Mexico

In 2024, the income inequality in New Mexico was 0.46 according to the GINI calculation of the wage distribution. Income inequality had a 0.506% decline from 2023 to 2024, which means that wage distribution grew somewhat more even. The GINI for New Mexico was lower than than the national average of 0.474. 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 2024

Drove Alone (83.5%)
Carpooled (10.1%)
Worked At Home (3.8%)

In 2024, 83.5% of workers in Peak Place, NM drove alone to work, followed by those who carpooled to work (10.1%) and those who worked at home (3.8%).

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

22.1 minutes

Average Travel Time

Using averages, employees in Peak Place, NM have a shorter commute time (22.1 minutes) than the normal US worker (26.4 minutes). Additionally, 0% of the workforce in Peak Place, NM have "super commutes" in excess of 90 minutes.

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

Car Ownership

3 cars

Average Number

The following chart displays the households in Peak Place, NM distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Peak Place, NM have 3 cars.

Poverty

Poverty & Diversity

32.6% of the population for whom poverty status is determined in Peak Place, NM (139 out of 427 people) live below the poverty line, a number that is higher than the national average of 12.5%. The largest demographic living in poverty are Females 6 - 11, followed by Females 35 - 44 and then Males 35 - 44.

The most common racial or ethnic group living below the poverty line in Peak Place, NM is Hispanic, followed by White and Other.

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

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

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

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