Placitas, NM

Census Place

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2023 Population

4,375

7.6% 1-year growth

US Senator

Martin Heinrich

Democratic Party

US Senator

Ben Ray Luján

Democratic Party

2023 Median Age

63.2

0.637% 1-year increase

2023 Poverty Rate

1.99%

32.6% 1-year decrease

2023 Median Household Income

$110,268

4.8% 1-year growth

2023 Median Property Value

$520,200

10.6% 1-year growth

2023 Employed Population

2,010

13.8% 1-year growth

About

In 2023, Placitas, NM had a population of 4.38k people with a median age of 63.2 and a median household income of $110,268. Between 2022 and 2023 the population of Placitas, NM grew from 4,066 to 4,375, a 7.6% increase and its median household income grew from $105,216 to $110,268, a 4.8% increase.

The 5 largest ethnic groups in Placitas, NM are White (Non-Hispanic) (74.2%), American Indian & Alaska Native (Non-Hispanic) (6.67%), Other (Hispanic) (5.94%), White (Hispanic) (5.46%), and Two+ (Hispanic) (3.82%).

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.

99.3% of the residents in Placitas, NM are U.S. citizens.

In 2023, the median property value in Placitas, NM was $520,200, and the homeownership rate was 91.6%.

Most people in Placitas, NM drove alone to work, and the average commute time was 30.1 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 4.38k people, from which 99.3% are citizens. As of 2023, 4.75% of Placitas, NM residents were born outside of the country (208 people).

In 2023, there were 11.1 times more White (Non-Hispanic) residents (3.25k people) in Placitas, NM than any other race or ethnicity. There were 292 American Indian & Alaska Native (Non-Hispanic) and 260 Other (Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

99.3%

2023 Citizenship

99.6%

2022 Citizenship

As of 2023, 99.3% of Placitas, NM residents were US citizens, which is higher than the national average of 93.4%. In 2022, the percentage of US citizens in Placitas, NM was 99.6%, 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)
3.25k ± 421
American Indian & Alaska Native (Non-Hispanic)
292 ± 262
Other (Hispanic)
260 ± 120

15.2%

Hispanic Population

666 people

15.2% of the people in Placitas, NM are hispanic (666 people).

The following chart shows the 7 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
128,832 ± 8,539 people
Philippines
5,882 ± 1,880 people
Germany
4,070 ± 1,565 people

In 2022, the most common birthplace for the foreign-born residents of New Mexico was Mexico, the natal country of 128,832 New Mexico residents, followed by Philippines with 5,882 and Germany with 4,070.

Foreign-Born Population

4.75%

2023 Foreign-Born Population

208 people

3.79%

2022 Foreign-Born Population

154 people

As of 2023, 4.75% of Placitas, NM residents (208 people) were born outside of the United States, which is lower than the national average of 13.8%. In 2022, the percentage of foreign-born citizens in Placitas, NM was 3.79%, 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
320 ± 147
Gulf War (1990s)
71 ± 57
Korea
29 ± 31

Placitas, NM has a large population of military personnel who served in Vietnam, 4.51 times greater than any other conflict.

Economy

The economy of Placitas, NM employs 2.01k people. The largest industries in Placitas, NM are Educational Services (362 people), Professional, Scientific, & Technical Services (324 people), and Health Care & Social Assistance (297 people), and the highest paying industries are Public Administration ($132,500), Finance & Insurance, & Real Estate & Rental & Leasing ($110,771), and Professional, Scientific, & Technical Services ($106,304).

Males in New Mexico have an average income that is 1.26 times higher than the average income of females, which is $53,740. The income inequality in New Mexico (measured using the Gini index) is 0.462, which is lower than than the national average.

Employment

Occupations

2.01k

2023 Value

± 359

13.8%

1 Year growth

± 22.2%

From 2022 to 2023, employment in Placitas, NM grew at a rate of 13.8%, from 1.77k employees to 2.01k employees.

The most common job groups, by number of people living in Placitas, NM, are Management Occupations (333 people), Health Diagnosing & Treating Practitioners & Other Technical Occupations (232 people), and Education Instruction, & Library Occupations (216 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 false.

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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Industries

Employment by Industries

2.01k

2023 Value

± 359

13.8%

1 Year growth

± 22.2%

From 2022 to 2023, employment in Placitas, NM grew at a rate of 13.8%, from 1.77k employees to 2.01k employees.

The most common employment sectors for those who live in Placitas, NM, are Educational Services (362 people), Professional, Scientific, & Technical Services (324 people), and Health Care & Social Assistance (297 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

$72,361

Median earning men ± $31,627

$66,125

Median earning women ± $10,514

The industries with the best median earnings for men in 2023 are Public Administration ($150,162), Manufacturing ($121,333), and Professional, Scientific, & Management, & Administrative & Waste Management Services ($117,738).

The industries with the best median earnings for women in 2023 are Arts, Entertainment, & Recreation, & Accommodations & Food Services ($150,282), Professional, Scientific, & Management, & Administrative & Waste Management Services ($67,734), and Educational Services, & Health Care & Social Assistance ($65,625).

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.

Education

Completions

Awarded Degrees over Time

The graph shows the evolution of awarded degrees by degrees. Under the paragraphs, the average number of awarded degrees by university in each degree is shown.

Working Population

Educational Pyramid

Data is only available at the state level. Showing data for New Mexico.

Measure

In 2022, 1.05% of men over 25 years of age had not completed any academic degree (no schooling), while 0.86% of women were in the same situation.

This visualization shows the gender distribution of the population according to the academic level reached.

Educational Attainment

Data is only available at the state level. Showing data for New Mexico.

Race

The most common educational levels obtained by the working population in 2022 were High School or Equivalent (454k), Some college (398k), and Secondary Education (257k).

This visualization illustrates the percentage distribution of the population according to the highest educational level reached. You can filter the data by race by using the selector above.

Housing & Living

The median property value in Placitas, NM was $520,200 in 2023, which is 1.71 times larger than the national average of $303,400. Between 2022 and 2023 the median property value increased from $470,300 to $520,200, a 10.6% increase. The homeownership rate in Placitas, NM is 91.6%, which is approximately the same as the national average of 65%.

People in Placitas, NM have an average commute time of 30.1 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

$520,200

Median Property Value 2023

±$48,154

$1,998

Median Property Taxes

±$323

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

91.6%

Homeownership

2023

68%

Homeowners with Mortgage

2023

In 2023, 91.6% of the housing units in Placitas, NM were occupied by their owner. This percentage declined from the previous year's rate of 93.4%.

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

Equity

Income by Location

Use the dropdown to filter by race/ethnicity.

Race/Ethnicity

The following map shows all of the places in Placitas, NM colored by their Median Household Income (Total).

Household Income

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

$110,268

Median Household Income

± $22,466

2.18k

Number of Households

± 342

In 2023, the median household income of the 2.18k households in Placitas, NM grew to $110,268 from the previous year's value of $105,216.

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 $150k - $200k range.

Wage Distribution

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

0.462

2022 Wage GINI in New Mexico

0.46

2021 Wage GINI in New Mexico

In 2022, the income inequality in New Mexico was 0.462 according to the GINI calculation of the wage distribution. Income inequality had a 0.44% growth from 2021 to 2022, which means that wage distribution grew somewhat less even. The GINI for New Mexico was lower than than the national average of 0.478. 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 2023

Drove Alone (62.3%)
Worked At Home (32.6%)
Carpooled (2.86%)

In 2023, 62.3% of workers in Placitas, NM drove alone to work, followed by those who worked at home (32.6%) and those who carpooled to work (2.86%).

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

30.1 minutes

Average Travel Time

Using averages, employees in Placitas, NM have a longer commute time (30.1 minutes) than the normal US worker (26.6 minutes). Additionally, 0.696% 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

1.99% of the population for whom poverty status is determined in Placitas, NM (87 out of 4.38k people) live below the poverty line, a number that is lower than the national average of 12.4%. 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 Black and Native American.

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

99.5% of the population of Placitas, NM has health coverage, with 33.8% on employee plans, 8.07% on Medicaid, 37% on Medicare, 18.8% on non-group plans, and 1.85% on military or VA plans.

Primary care physicians in Sandoval County, NM see 1673 patients per year on average, which represents a 3.72% increase from the previous year (1613 patients). Compare this to dentists who see 2259 patients per year, and mental health providers who see 275 patients per year.

Coverage

Patient to Clinician Ratios

Data is only available at the country level. Showing data for Sandoval County, NM.

1,673 to 1

Patient to Primary Care Physician Ratio in Sandoval County, NM

Primary care physicians in Sandoval County, NM see an average of 1,673 patients per year. This represents a 3.72% increase from the previous year (1,613 patients).

The following chart shows how the number of patients seen by primary care physicians has been changing over time in Sandoval County, NM in comparison to its neighboring geographies.

Health Care Diversity

In 2023, insured persons according to age ranges were distributed in 5.49% under 18 years, 2.65% between 18 and 34 years, 46.2% between 35 and 64 years, and 45.6% over 64 years.

By gender, of the total number of insured persons, 54.9% were men and 45.1% were women.

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

Uninsured People

0.457%

Uninsured

33.8%

Employer Coverage

8.07%

Medicaid

37%

Medicare

18.8%

Non-Group

1.85%

Military or VA

Between 2022 and 2023, the percent of uninsured citizens in Placitas, NM grew by Infinityk% from 0% to 0.457%.

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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