Peñasco, NM

Census Place

2024 Population

546

US Senator

Martin Heinrich

Democratic Party

US Senator

Ben Ray Luján

Democratic Party

2024 Median Age

43.8

4.29% 1-year increase

2024 Poverty Rate

18.9%

19.1% 1-year decrease

2024 Median Household Income

$45,833

18.3% 1-year growth

2024 Median Property Value

$229,300

Population & Diversity

Peñasco, NM is home to a population of 546 people, from which 100% are citizens.

As of 2024, 0.366% of Peñasco, NM residents were born outside of the country (2 people).

In 2024, there were 6.17 times more Two Races Including Other (Hispanic) residents (426 people) in Peñasco, NM than any other race or ethnicity. There were 69 White (Non-Hispanic) and 12 White (Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

100%

2024 Citizenship

99.7%

2023 Citizenship

As of 2024, 100% of Peñasco, NM residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in Peñasco, NM was 99.7%, meaning that the rate of citizenship has been increasing.

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

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Peñasco, NM

Two Races Including Other (Hispanic)
426 ± 113
White (Non-Hispanic)
69 ± 24
White (Hispanic)
12 ± 14

86.3%

Hispanic Population

471 people

86.3% of the people in Peñasco, NM are hispanic (471 people).

The following chart shows the 8 races represented in Peñasco, 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

0.366%

2024 Foreign-Born Population

2 people

0.653%

2023 Foreign-Born Population

4 people

As of 2024, 0.366% of Peñasco, NM residents (2 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 Peñasco, NM was 0.653%, meaning that the rate has been decreasing.

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

Military

Veterans

Most Common Service Period

Korea
18 ± 21
Vietnam
11 ± 22
Gulf War (1990s)
7 ± 16

Peñasco, NM has a large population of military personnel who served in Korea, 1.64 times greater than any other conflict.

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

Economy

The economy of Peñasco, NM employs 240 people. In 2024, the largest industries in Peñasco, NM were Construction (77 people), Health Care & Social Assistance (38 people), and Professional, Scientific, & Technical Services (30 people), and the highest paying industries were Public Administration ($64,063), Educational Services ($46,250), and Transportation & Warehousing ($44,375).

Employment

Occupations

240

2024 Value

± 95

−2.44%

1 Year decline

± 60%

From 2023 to 2024, employment in Peñasco, NM declined at a rate of −2.44%, from 246 employees to 240 employees.

The most common job groups, by number of people living in Peñasco, NM, are Construction & Extraction Occupations (69 people), Office & Administrative Support Occupations (27 people), and Healthcare Support Occupations (21 people). This chart illustrates the share breakdown of the primary jobs held by residents of Peñasco, 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

240

2024 Value

± 95

−2.44%

1 Year decline

± 60%

From 2023 to 2024, employment in Peñasco, NM declined at a rate of −2.44%, from 246 employees to 240 employees.

The most common employment sectors for those who live in Peñasco, NM, are Construction (77 people), Health Care & Social Assistance (38 people), and Professional, Scientific, & Technical Services (30 people). This chart shows the share breakdown of the primary industries for residents of Peñasco, NM, though some of these residents may live in Peñasco, NM and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$22,417

Median earning men ± $32,047

$33,750

Median earning women ± $14,188

The industries with the best median earnings for men in 2024 are Educational Services, & Health Care & Social Assistance ($76,250), Professional, Scientific, & Management, & Administrative & Waste Management Services ($51,250), and Retail Trade ($35,625).

The industries with the best median earnings for women in 2024 are Retail Trade ($43,125), Educational Services, & Health Care & Social Assistance ($38,125), and Professional, Scientific, & Management, & Administrative & Waste Management Services ($24,722).

Housing & Living

The median property value in Peñasco, NM was $229,300 in 2024, which is 0.689 times smaller than the national average of $332,700. Between 2023 and 2024 the median property value increased from $219,600 to $229,300, a 4.42% increase. The homeownership rate in Peñasco, NM is 71.6%, which is higher than the national average of 65.2%.

People in Peñasco, NM have an average commute time of 35.3 minutes, and they drove alone to work. Car ownership in Peñasco, NM is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$229,300

Median Property Value 2024

±$19,462

$169

Median Property Taxes

±$40

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

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

Rent vs Own

71.6%

Homeownership

2024

60.5%

Homeowners with Mortgage

2024

In 2024, 71.6% of the housing units in Peñasco, NM were occupied by their owner. This percentage grew from the previous year's rate of 70.6%.

This chart shows the percentage of owner in Peñasco, 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.

$45,833

Median Household Income

± $14,581

236

Number of Households

± 38

In 2024, the median household income of the 236 households in Peñasco, NM grew to $45,833 from the previous year's value of $38,750.

The following chart displays the households in Peñasco, 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 Peñasco, 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 (53.1%)
Walked (21.6%)
Worked At Home (17.8%)

In 2024, 53.1% of workers in Peñasco, NM drove alone to work, followed by those who walked to work (21.6%) and those who worked at home (17.8%).

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

35.3 minutes

Average Travel Time

Using averages, employees in Peñasco, NM have a longer commute time (35.3 minutes) than the normal US worker (26.4 minutes). Additionally, 12.6% of the workforce in Peñasco, NM have "super commutes" in excess of 90 minutes.

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

Car Ownership

2 cars

Average Number

The following chart displays the households in Peñasco, NM distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Peñasco, NM have 2 cars.

Poverty

Poverty & Diversity

18.9% of the population for whom poverty status is determined in Peñasco, NM (103 out of 546 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 45 - 54, followed by Males 45 - 54 and then Males 55 - 64.

The most common racial or ethnic group living below the poverty line in Peñasco, NM is Hispanic, followed by Two Or More and White.

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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