Maxwell, New Mexico Demographics & Population 2026
During the 2020–2024 ACS period, Maxwell, New Mexico had a total population of 331, the 297th largest village in New Mexico, with a median household income of $31,667, which is 51% lower than the state average. The poverty rate is 10.9%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Household income is 51% below the state average, indicating significant economic challenges.
- Only 8.7% of adults have a bachelor's degree, well below the national average of 35.7%.
Maxwell Quick Facts
How Maxwell Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 370 | 331 | -10.5% |
| Median household income | $36,691 | $31,667 | -13.7% |
| Median home value | $77,900 | $79,300 | +1.8% |
How Maxwell Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
Moderate diversity with one or two groups making up the majority.
State average: 63 | National average: 61
Education
Educational Attainment (Adults 25+)
Maxwell Rankings in New Mexico
Explore New Mexico Rankings
Other Cities in Colfax County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Raton | 6,026 | $52,641 | 25.1% | $134,300 |
| Angel Fire | 1,111 | $107,554 | 18.0% | $546,800 |
| Springer | 1,017 | $50,345 | 14.9% | $87,000 |
| Cimarron | 701 | $41,324 | 5.4% | $126,600 |
| Eagle Nest | 451 | $57,692 | 13.3% | $301,200 |
Cities Similar to Maxwell
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Mount Taylor | 335 | N/A | N/A | 18.6% | 0.0% |
| Malaga | 309 | N/A | N/A | 0.0% | 0.0% |
| Catalpa Canyon | 302 | N/A | N/A | 0.0% | 12.3% |
| Gila | 366 | N/A | N/A | 15.6% | 30.3% |
| Sheep Springs | 360 | $30,625 | $99,000 | 5.5% | 36.1% |
A note before these figures: with a population of 331, Maxwell's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.
Population Overview
Maxwell is a small community located in New Mexico, within Colfax County. The total population is 331. It ranks as the 297th most populous out of 495 Census-designated places in New Mexico.
Age Demographics
The median age in Maxwell is 29.3 years. This is 26% lower than the state median of 39.4 years. With 39.3% of the population under 18, Maxwell has a notably young demographic profile, suggesting a family-oriented community.
Economy, Income & Housing
The median household income in Maxwell is $31,667. This is 51% lower than the state median of $64,059. It is also 61% lower than the national median of $80,734. The poverty rate stands at 10.9%. This is 39% lower than the state poverty rate of 17.8%. The survey records no unemployed residents in Maxwell, which reflects the size of the sample rather than a labor market without joblessness. The median home value is $79,300. Housing costs are 68% lower than the state median of $248,100. With a home-value-to-income ratio of just 2.5x, Maxwell is one of the most affordable housing markets in the area. 66.4% of occupied housing units are owner-occupied. This homeownership rate is 5% lower than the state average of 70.0%.
Race & Ethnicity
The largest racial or ethnic group in Maxwell is Hispanic or Latino, making up 68.3% of the population. White (non-Hispanic) residents account for 29.0%.
Education
8.7% of residents aged 25 and older hold a bachelor's degree or higher. This is 72% lower than the state rate of 31.0%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 85.9%.
Data Sources & Methodology
All demographic data for Maxwell, New Mexico is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against New Mexico state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 495 Census-designated places in New Mexico. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Maxwell, New Mexico?
Maxwell, New Mexico has a population of 331 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Maxwell, NM?
The median household income in Maxwell is $31,667, which is 61% lower than the national median of $80,734.
What is the poverty rate in Maxwell, NM?
The poverty rate in Maxwell is 10.9%. This means approximately 36 residents live below the federal poverty line.
What is the racial makeup of Maxwell, New Mexico?
Maxwell's population is 29.0% White, 0.0% Black, 68.3% Hispanic/Latino, and 0.0% Asian.
What is the median home value in Maxwell, NM?
The median home value in Maxwell is $79,300. The home-value-to-income ratio is 2.5x.
How educated is Maxwell, New Mexico?
8.7% of adults (25+) in Maxwell hold a bachelor's degree or higher, and 4.3% hold a graduate or professional degree.