Peak Place, NM

Census Place

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    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
    1.47% 1-year growth
    2024 Employed Population
    158
    17.7% 1-year decline

    About

    None of the households in Peak Place, 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.

    85.5% of the residents in Peak Place, NM are U.S. citizens.

    In 2024, the median property value in Peak Place, NM was $13,800, and the homeownership rate was 93.3%.

    Most people in Peak Place, NM drove alone to work, and the average commute time was 22.1 minutes. The average car ownership in Peak Place, NM was 3 cars per household.

    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.

    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.

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    Race and Ethnicity

    The 3 largest ethnic groups in Peak Place, NM
    1. White (Hispanic)
      152 ± 74
    2. Other (Hispanic)
      88 ± 46
    3. Two Races Including Other (Hispanic)
      70 ± 60
    88.1%
    Hispanic Population
    376 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.

    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.

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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
      126,568 ± 8,470 people
    2. Philippines
      6,950 ± 2,043 people
    3. 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.

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    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.

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    Veterans

    Most Common Service Period
    1. Vietnam
      4 ± 20
    2. 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.

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    Health

    89.5% of the population of Peak Place, NM has health coverage, with 25.5% on employee plans, 54.3% on Medicaid, 3.28% on Medicare, 5.85% on non-group plans, and 0.468% 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, 37.7% were men and 62.3% were women.

    Health Care Diversity

    In 2024, insured persons according to age ranges were distributed in 40.5% under 18 years, 18.7% between 18 and 34 years, 35.6% between 35 and 64 years, and 5.15% over 64 years.

    By gender, of the total number of insured persons, 37.7% were men and 62.3% were women.

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

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    Uninsured People

    10.5%
    Uninsured
    25.5%
    Employer Coverage
    54.3%
    Medicaid
    3.28%
    Medicare
    5.85%
    Non-Group
    0.468%
    Military or VA

    Between 2023 and 2024, the percent of uninsured citizens in Peak Place, NM declined by 40.8% from 17.8% to 10.5%.

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

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    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).

    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), Construction & Extraction Occupations (19 people), and Sales & Related Occupations (19 people). This chart illustrates the share breakdown of the primary jobs held by residents of Peak Place, 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

    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.

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    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).

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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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    Civics

    In the 2024 presidential election, the popular vote in New Mexico went to Kamala Harris with 51.9% of the vote. The runner-up was Donald J. Trump (45.9%), followed by Robert Kennedy (1.03%).

    Martin Heinrich and Ben Ray Luján are the senators currently representing the state of New Mexico. In the United States, senators are elected to 6-year terms with the terms for individual senators staggered.

    New Mexico is currently represented by 3 members in the U.S. house, and members of the House of Representives are elected to 2-year terms.

    US Senators from New Mexico

    Senatorial voting results are only available at the state level. Showing data for New Mexico.
    Martin Heinrich
    Senator from New Mexico1
    Assumed office on January 3, 2013
    Ben Ray Luján
    Senator from New Mexico2
    Assumed office on January 3, 2021

    Martin Heinrich and Ben Ray Luján are the senators currently representing New Mexico.

    In the United States, senators are elected to 6-year terms with the terms for individual senators staggered.

    The following chart shows elected senators in New Mexico over time, excluding special elections, colored by their political party.

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    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.

    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.

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    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.

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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.
    $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.

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    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.

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    Commuter Transportation

    Most Common Commute in 2024
    1. Drove Alone (83.5%)
    2. Carpooled (10.1%)
    3. 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.

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    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.

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    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.

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    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.

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