Texico, NM

Census Place

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2023 Population

858

1.72% 1-year decline

US Senator

Martin Heinrich

Democratic Party

US Senator

Ben Ray Luján

Democratic Party

2023 Median Age

46.9

0.428% 1-year increase

2023 Median Household Income

$63,958

13.7% 1-year growth

2023 Median Property Value

$95,000

2.16% 1-year decline

2023 Employed Population

420

3.45% 1-year decline

About

In 2023, Texico, NM had a population of 858 people with a median age of 46.9 and a median household income of $63,958. Between 2022 and 2023 the population of Texico, NM declined from 873 to 858, a −1.72% decrease and its median household income grew from $56,250 to $63,958, a 13.7% increase.

N/A

None of the households in Texico, 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.

In 2023, the median property value in Texico, NM was $95,000, and the homeownership rate was 71%.

Most people in Texico, NM drove alone to work, and the average commute time was 15.5 minutes. The average car ownership in Texico, NM was 3 cars per household.

United States New Mexico Curry County, NM Clovis, NM Eastern New Mexico PUMA, NM Panhandle Regional Planning Commission--Outside Potter & Randall Counties PUMA, TX

Economy

The economy of Texico, NM employs 420 people. The largest industries in Texico, NM are Transportation & Warehousing (76 people), Health Care & Social Assistance (60 people), and Agriculture, Forestry, Fishing & Hunting (54 people), and the highest paying industries are Manufacturing ($117,841), Transportation & Warehousing, & Utilities ($62,750), and Transportation & Warehousing ($62,750).

Employment

Occupations

420

2023 Value

± 147

−3.45%

1 Year decline

± 49.6%

From 2022 to 2023, employment in Texico, NM declined at a rate of −3.45%, from 435 employees to 420 employees.

The most common job groups, by number of people living in Texico, NM, are Transportation Occupations (78 people), Management Occupations (65 people), and Office & Administrative Support Occupations (42 people). This chart illustrates the share breakdown of the primary jobs held by residents of Texico, 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

420

2023 Value

± 147

−3.45%

1 Year decline

± 49.6%

From 2022 to 2023, employment in Texico, NM declined at a rate of −3.45%, from 435 employees to 420 employees.

The most common employment sectors for those who live in Texico, NM, are Transportation & Warehousing (76 people), Health Care & Social Assistance (60 people), and Agriculture, Forestry, Fishing & Hunting (54 people). This chart shows the share breakdown of the primary industries for residents of Texico, NM, though some of these residents may live in Texico, NM and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$46,300

Median earning men ± $16,437

$36,250

Median earning women ± $34,381

The industries with the best median earnings for men in 2023 are Transportation & Warehousing, & Utilities ($62,750), Wholesale Trade ($46,250), and Construction ($45,500).

The industries with the best median earnings for women in 2023 are Educational Services, & Health Care & Social Assistance ($59,375) and Arts, Entertainment, & Recreation, & Accommodations & Food Services ($23,370).

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 Texico, NM was $95,000 in 2023, which is 0.313 times smaller than the national average of $303,400. Between 2022 and 2023 the median property value increased from $97,100 to $95,000, a 2.16% decrease. The homeownership rate in Texico, NM is 71%, which is approximately the same as the national average of 65%.

People in Texico, NM have an average commute time of 15.5 minutes, and they drove alone to work. Car ownership in Texico, NM is higher than the national average, with an average of 3 cars per household.

Housing

Property

$95,000

Median Property Value 2023

±$4,457

N/A

Median Property Taxes

±N/A

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

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

Rent vs Own

71%

Homeownership

2023

61.2%

Homeowners with Mortgage

2023

In 2023, 71% of the housing units in Texico, NM were occupied by their owner. This percentage declined from the previous year's rate of 74.8%.

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

Equity

Income by Location

Use the dropdown to filter by race/ethnicity.

The following map shows all of the places in Texico, NM colored by their Median Household Income (N/A).

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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.

$63,958

Median Household Income

± $36,455

393

Number of Households

± 129

In 2023, the median household income of the 393 households in Texico, NM grew to $63,958 from the previous year's value of $56,250.

The following chart displays the households in Texico, 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 < $10k range.

Wage Distribution

The closest comparable wage GINI for Texico, 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 (87.9%)
Other (7.38%)
Carpooled (4.76%)

In 2023, 87.9% of workers in Texico, NM drove alone to work, followed by those who used some unspecified means to get work (7.38%) and those who carpooled to work (4.76%).

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

15.5 minutes

Average Travel Time

Using averages, employees in Texico, NM have a shorter commute time (15.5 minutes) than the normal US worker (26.6 minutes). Additionally, 0% of the workforce in Texico, NM have "super commutes" in excess of 90 minutes.

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

Car Ownership

3 cars

Average Number

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

Poverty

Poverty & Diversity

N/A% of the population for whom poverty status is determined in Texico, NM (N/A out of N/A people) live below the poverty line, a number that is approximately the same as the national average of 12.4%. The largest demographic living in poverty are N/A N/A, followed by N/A N/A and then N/A N/A.

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

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

Uninsured People

N/A%

Uninsured

N/A%

Employer Coverage

N/A%

Medicaid

N/A%

Medicare

N/A%

Non-Group

N/A%

Military or VA

Between N/A and N/A, the percent of uninsured citizens in Texico, NM N/A by N/A from N/A% to N/A%.

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

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