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Maxwell village, New Mexico Demographics & Population 2026

Very AffordableHome value to income ratio of 2.1x is exceptionally low

As of 2026, Maxwell village, New Mexico has a total population of 370, the 292nd largest city in New Mexico, with a median household income of $36,691, which is 41% lower than the state average. The poverty rate is 9.5%.

Key Takeaways

Maxwell village Quick Facts

Population 370
Median Household Income $36,691
Median Home Value $77,900
Poverty Rate 9.5%
Unemployment Rate 0.0%
Median Age 31.0 years
Homeownership Rate 63.2%
Affordability Ratio 2.1x
Bachelor's Degree or Higher 10.6%
High School Graduation Rate 89.4%
Diversity Index 42/100
Population 370 292nd of 492
Median Income $36,691 bottom 20%
Poverty Rate 9.5% 24% lower national
Median Home Value $77,900 bottom 20%

How Maxwell village Compares

Economy & Housing

Employment

0.0% Unemployment Rate State: 6.0% | National: 5.2%
36.1% Labor Force Participation

Housing Overview

Owner 63.2%
Renter 36.8%
Affordability Index Very Affordable
2.1x home value to income ratio

People & Demographics

Diversity Index

42out of 100
Moderate Diversity

Moderate diversity with one or two groups making up the majority.

State average: 61 | National average: 60

Education

Maxwell village Rankings in New Mexico

#292 Population of 492
#281 Median Income of 492
#311 Education of 492
#294 Home Value of 492

Cities Similar to Maxwell village

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Broadview CDP386N/AN/A29.3%11.4%
Morningside CDP352N/AN/A0.0%0.0%
Chamisal CDP367$40,833$198,80016.4%10.6%
Fairacres CDP395N/A$215,80021.5%27.6%
Timberlake CDP341N/A$216,70076.8%0.0%

Population Overview

Maxwell village is a small community located in New Mexico. The total population is 370. It ranks as the 292nd most populous out of 492 cities and towns in New Mexico.

Age Demographics

The median age in Maxwell village is 31.0 years. This is 21% lower than the state median of 39.2 years. With 38.9% of the population under 18, Maxwell village has a notably young demographic profile, suggesting a family-oriented community. 12.2% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Maxwell village is $36,691. This is 41% lower than the state median of $62,125. Compared to the national median of $78,538, household income here is 53% lower. The poverty rate stands at 9.5%. This is 48% lower than the state poverty rate of 18.1%. The unemployment rate is 0.0%. This is 100% lower than the state rate of 6.0%. The median home value is $77,900. Housing costs are 66% lower than the state median of $232,200. With a home-value-to-income ratio of just 2.1x, Maxwell village is one of the most affordable housing markets in the area. 63.2% of occupied housing units are owner-occupied. This homeownership rate is 9% lower than the state average of 69.3%.

Race & Ethnicity

The largest racial or ethnic group in Maxwell village is Hispanic or Latino, making up 72.2% of the population. White (non-Hispanic) residents account for 24.9%.

Education

10.6% of residents aged 25 and older hold a bachelor's degree or higher. This is 65% lower than the state rate of 30.2%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 89.4%.

Data Sources & Methodology

All demographic data for Maxwell village, New Mexico is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against New Mexico state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 492 Census-designated places in New Mexico. For official data, visit data.census.gov.

Free data download: Get all New Mexico city and county demographics as CSV. Download Cities CSV | Download Counties CSV

Frequently Asked Questions

What is the population of Maxwell village, New Mexico?

Maxwell village, New Mexico has a population of 370 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Maxwell village, NM?

The median household income in Maxwell village is $36,691, which is 53% lower the national median of $78,538.

What is the poverty rate in Maxwell village, NM?

The poverty rate in Maxwell village is 9.5%. This means approximately 35 residents live below the federal poverty line.

What is the racial makeup of Maxwell village, New Mexico?

Maxwell village's population is 24.9% White, 0.0% Black, 72.2% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Maxwell village, NM?

The median home value in Maxwell village is $77,900. The home-value-to-income ratio is 2.1x.

How educated is Maxwell village, New Mexico?

10.6% of adults (25+) in Maxwell village hold a bachelor's degree or higher, and 4.8% hold a graduate or professional degree.