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Melrose village, New Mexico Demographics & Population 2026

High PovertyPoverty rate of 28.5% is well above the state average
Very AffordableHome value to income ratio of 2.4x is exceptionally low

As of 2026, Melrose village, New Mexico has a total population of 536, the 241st largest city in New Mexico, with a median household income of $33,333, which is 46% lower than the state average. The poverty rate is 28.5%.

Key Takeaways

Melrose village Quick Facts

Population 536
Median Household Income $33,333
Median Home Value $78,600
Poverty Rate 28.5%
Unemployment Rate 9.3%
Median Age 48.8 years
Homeownership Rate 77.8%
Affordability Ratio 2.4x
Bachelor's Degree or Higher 5.4%
High School Graduation Rate 77.0%
Diversity Index 36/100
Population 536 241st of 492
Median Income $33,333 bottom 20%
Poverty Rate 28.5% 129% higher national
Median Home Value $78,600 bottom 20%

How Melrose village Compares

Economy & Housing

Employment

9.3% Unemployment Rate State: 6.0% | National: 5.2%
45.5% Labor Force Participation

Housing Overview

Owner 77.8%
Renter 22.2%
Affordability Index Very Affordable
2.4x home value to income ratio

People & Demographics

Diversity Index

36out of 100
Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 61 | National average: 60

Education

Melrose village Rankings in New Mexico

#241 Population of 492
#293 Median Income of 492
#370 Education of 492
#293 Home Value of 492

Cities Similar to Melrose village

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
East Pecos CDP529N/A$9,99923.4%0.0%
Rowe CDP555N/AN/A0.0%0.0%
Sundance CDP527$35,833$36,10014.4%39.1%
Pinedale CDP572N/A$38,00015.1%65.9%
North Light Plant CDP573N/A$191,4000.0%59.3%

Population Overview

Melrose village is a small community located in New Mexico. The total population is 536. It ranks as the 241st most populous out of 492 cities and towns in New Mexico.

Age Demographics

The median age in Melrose village is 48.8 years. This is 24% higher than the state median of 39.2 years.

Economy, Income & Housing

The median household income in Melrose village is $33,333. This is 46% lower than the state median of $62,125. Compared to the national median of $78,538, household income here is 58% lower. The poverty rate stands at 28.5%. This is 58% higher than the state poverty rate of 18.1%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The unemployment rate is 9.3%. This is 55% higher than the state rate of 6.0%. The median home value is $78,600. Housing costs are 66% lower than the state median of $232,200. With a home-value-to-income ratio of just 2.4x, Melrose village is one of the most affordable housing markets in the area. 77.8% of occupied housing units are owner-occupied. This homeownership rate is 12% higher than the state average of 69.3%.

Race & Ethnicity

The largest racial or ethnic group in Melrose village is White (non-Hispanic), making up 77.0% of the population. Hispanic or Latino residents account for 20.0%. The White (non-Hispanic) population is significantly higher than the state average (77.0% vs 36.5%). The Hispanic or Latino population (20.0%) is well below the state average of 48.1%.

Education

5.4% of residents aged 25 and older hold a bachelor's degree or higher. This is 82% 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 77.0%.

Data Sources & Methodology

All demographic data for Melrose 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.

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Frequently Asked Questions

What is the population of Melrose village, New Mexico?

Melrose village, New Mexico has a population of 536 according to the most recent U.S. Census ACS 5-Year Estimates.

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

The median household income in Melrose village is $33,333, which is 58% lower the national median of $78,538.

What is the poverty rate in Melrose village, NM?

The poverty rate in Melrose village is 28.5%. This means approximately 153 residents live below the federal poverty line.

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

Melrose village's population is 77.0% White, 0.0% Black, 20.0% Hispanic/Latino, and 0.0% Asian.

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

The median home value in Melrose village is $78,600. The home-value-to-income ratio is 2.4x.

How educated is Melrose village, New Mexico?

5.4% of adults (25+) in Melrose village hold a bachelor's degree or higher, and 0.0% hold a graduate or professional degree.