Placitas, NM

Census Place

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2024 Population

4,223

US Senator

Martin Heinrich

Democratic Party

US Senator

Ben Ray Luján

Democratic Party

2024 Median Age

64.8

2.53% 1-year increase

2024 Poverty Rate

3.22%

61.9% 1-year increase

2024 Median Household Income

$109,750

0.47% 1-year decline

2024 Median Property Value

$562,100

8.05% 1-year growth

2024 Employed Population

1,921

4.43% 1-year decline

About

None of the households in Placitas, 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.

99% of the residents in Placitas, NM are U.S. citizens.

In 2024, the median property value in Placitas, NM was $562,100, and the homeownership rate was 93.9%.

Most people in Placitas, NM drove alone to work, and the average commute time was 31.4 minutes. The average car ownership in Placitas, NM was 2 cars per household.

United States New Mexico Sandoval County, NM Albuquerque, NM Sandoval County New Mexico PUMA, NM

Population & Diversity

Placitas, NM is home to a population of 4.22k people, from which 99% are citizens. As of 2024, 6.01% of Placitas, NM residents were born outside of the country (254 people).

In 2024, there were 9.7 times more White (Non-Hispanic) residents (3.12k people) in Placitas, NM than any other race or ethnicity. There were 322 Two Races Including Other (Hispanic) and 285 American Indian & Alaska Native (Non-Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

99%

2024 Citizenship

99.3%

2023 Citizenship

As of 2024, 99% of Placitas, NM residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in Placitas, NM was 99.3%, meaning that the rate of citizenship has been decreasing.

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

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Placitas, NM

White (Non-Hispanic)
3.12k ± 390
Two Races Including Other (Hispanic)
322 ± 176
American Indian & Alaska Native (Non-Hispanic)
285 ± 255

14.3%

Hispanic Population

603 people

14.3% of the people in Placitas, NM are hispanic (603 people).

The following chart shows the 8 races represented in Placitas, 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
124,411 ± 8,401 people
Philippines
6,498 ± 1,976 people
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.

Foreign-Born Population

6.01%

2024 Foreign-Born Population

254 people

4.75%

2023 Foreign-Born Population

208 people

As of 2024, 6.01% of Placitas, NM residents (254 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 Placitas, NM was 4.75%, meaning that the rate has been increasing.

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

Military

Veterans

Most Common Service Period

Vietnam
268 ± 131
Gulf War (1990s)
88 ± 52
Korea
42 ± 39

Placitas, NM has a large population of military personnel who served in Vietnam, 3.05 times greater than any other conflict.

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

Economy

The economy of Placitas, NM employs 1.92k people. In 2024, the largest industries in Placitas, NM were Professional, Scientific, & Technical Services (408 people), Educational Services (402 people), and Health Care & Social Assistance (340 people), and the highest paying industries were Professional, Scientific, & Technical Services ($122,617), Finance & Insurance, & Real Estate & Rental & Leasing ($113,079), and Arts, Entertainment, & Recreation ($103,750).

Employment

Occupations

1.92k

2024 Value

± 335

−4.43%

1 Year decline

± 26.1%

From 2023 to 2024, employment in Placitas, NM declined at a rate of −4.43%, from 2.01k employees to 1.92k employees.

The most common job groups, by number of people living in Placitas, NM, are Education Instruction, & Library Occupations (273 people), Management Occupations (219 people), and Business & Financial Operations Occupations (182 people). This chart illustrates the share breakdown of the primary jobs held by residents of Placitas, 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

1.92k

2024 Value

± 335

−4.43%

1 Year decline

± 26.1%

From 2023 to 2024, employment in Placitas, NM declined at a rate of −4.43%, from 2.01k employees to 1.92k employees.

The most common employment sectors for those who live in Placitas, NM, are Professional, Scientific, & Technical Services (408 people), Educational Services (402 people), and Health Care & Social Assistance (340 people). This chart shows the share breakdown of the primary industries for residents of Placitas, NM, though some of these residents may live in Placitas, NM and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$81,389

Median earning men ± $34,227

$70,264

Median earning women ± $3,696

The industries with the best median earnings for men in 2024 are Manufacturing ($202,222), Professional, Scientific, & Management, & Administrative & Waste Management Services ($123,613), and Transportation & Warehousing, & Utilities ($101,250).

The industries with the best median earnings for women in 2024 are Arts, Entertainment, & Recreation, & Accommodations & Food Services ($155,735), Wholesale Trade ($103,438), and Professional, Scientific, & Management, & Administrative & Waste Management Services ($77,824).

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.

Housing & Living

The median property value in Placitas, NM was $562,100 in 2024, which is 1.69 times larger than the national average of $332,700. Between 2023 and 2024 the median property value increased from $520,200 to $562,100, a 8.05% increase. The homeownership rate in Placitas, NM is 93.9%, which is higher than the national average of 65.2%.

People in Placitas, NM have an average commute time of 31.4 minutes, and they drove alone to work. Car ownership in Placitas, NM is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$562,100

Median Property Value 2024

±$43,233

$2,029

Median Property Taxes

±$310

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 Placitas, NM the largest share of households pay taxes in the $3k+ range.

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

Rent vs Own

93.9%

Homeownership

2024

69.5%

Homeowners with Mortgage

2024

In 2024, 93.9% of the housing units in Placitas, NM were occupied by their owner. This percentage grew from the previous year's rate of 91.6%.

This chart shows the percentage of owner in Placitas, 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.

$109,750

Median Household Income

± $27,393

2.16k

Number of Households

± 316

In 2024, the median household income of the 2.16k households in Placitas, NM declined from $109,750 from the previous year's value of $110,268.

The following chart displays the households in Placitas, 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 $200k+ range.

Wage Distribution

The closest comparable wage GINI for Placitas, 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.

Transportation

Commuter Transportation

Most Common Commute in 2024

Drove Alone (56.6%)
Worked At Home (37.7%)
Carpooled (3.76%)

In 2024, 56.6% of workers in Placitas, NM drove alone to work, followed by those who worked at home (37.7%) and those who carpooled to work (3.76%).

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

31.4 minutes

Average Travel Time

Using averages, employees in Placitas, NM have a longer commute time (31.4 minutes) than the normal US worker (26.4 minutes). Additionally, 4.03% of the workforce in Placitas, NM have "super commutes" in excess of 90 minutes.

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

Car Ownership

2 cars

Average Number

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

Poverty

Poverty & Diversity

3.22% of the population for whom poverty status is determined in Placitas, NM (136 out of 4.22k people) live below the poverty line, a number that is lower than the national average of 12.5%. The largest demographic living in poverty are Males 45 - 54, followed by Females 35 - 44 and then Males 65 - 74.

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

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

99.2% of the population of Placitas, NM has health coverage, with 31.6% on employee plans, 7.06% on Medicaid, 39% on Medicare, 19.3% on non-group plans, and 2.27% 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.

Coverage

Health Care Diversity

In 2024, insured persons according to age ranges were distributed in 5.45% under 18 years, 2.87% between 18 and 34 years, 42.2% between 35 and 64 years, and 49.5% 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.

Uninsured People

0.758%

Uninsured

31.6%

Employer Coverage

7.06%

Medicaid

39%

Medicare

19.3%

Non-Group

2.27%

Military or VA

Between 2023 and 2024, the percent of uninsured citizens in Placitas, NM grew by 65.8% from 0.457% to 0.758%.

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

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