Monterey Park, New Mexico Demographics & Population 2026
During the 2020–2024 ACS period, Monterey Park, New Mexico had a total population of 667, the 206th largest community in New Mexico, with a median household income of $28,162, which is 56% lower than the state average. The poverty rate is 25.0%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Household income is 56% below the state average, indicating significant economic challenges.
- More than 1 in 4 residents live below the poverty line (25.0%), well above the national average of 12.4%.
- Housing is very affordable with a home-value-to-income ratio of just 2.0x.
- Unemployment rate of 12.0% is notably above the national average.
Monterey Park Quick Facts
How Monterey Park 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 | 814 | 667 | -18.1% |
| Median household income | $28,293 | $28,162 | -0.5% |
How Monterey Park 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
A less diverse community where one racial or ethnic group represents a large majority.
State average: 63 | National average: 61
Education
Educational Attainment (Adults 25+)
Monterey Park Rankings in New Mexico
Explore New Mexico Rankings
Other Cities in Valencia County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Los Lunas | 18,618 | $62,330 | 18.2% | $262,900 |
| Belen | 7,450 | $42,627 | 31.2% | $166,100 |
| El Cerro Mission | 5,323 | $49,470 | 25.0% | $115,300 |
| Rio Communities | 4,925 | $46,035 | 13.4% | $205,900 |
| Los Chaves | 4,838 | $79,662 | 24.8% | $285,700 |
| Meadow Lake | 4,259 | $43,649 | 20.6% | $77,900 |
| Bosque Farms | 4,071 | $82,188 | 17.0% | $293,100 |
| Peralta | 3,404 | $73,131 | 5.2% | $299,200 |
| El Cerro | 2,923 | $106,136 | 5.9% | $311,500 |
| Valencia (Valencia County) | 2,406 | $55,170 | 29.4% | $262,900 |
Cities Similar to Monterey Park
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| East Pecos | 643 | N/A | N/A | 32.2% | 3.6% |
| La Puebla | 715 | N/A | $266,500 | 16.6% | 2.9% |
| Fairacres | 616 | N/A | $279,200 | 28.3% | 13.6% |
| La Hacienda | 640 | $30,541 | $113,900 | 7.4% | 51.7% |
| Napi Headquarters | 717 | $28,831 | N/A | 4.6% | 46.7% |
A note before these figures: with a population of 667, Monterey Park'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
Monterey Park is a small community located in New Mexico, within Valencia County. The total population is 667. It ranks as the 206th most populous out of 495 Census-designated places in New Mexico.
Age Demographics
The median age in Monterey Park is 34.7 years. This is 12% lower than the state median of 39.4 years.
Economy, Income & Housing
The median household income in Monterey Park is $28,162. This is 56% lower than the state median of $64,059. It is also 65% lower than the national median of $80,734. The poverty rate stands at 25.0%. This is 40% higher than the state poverty rate of 17.8%. 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 12.0%. This is 102% higher than the state rate of 6.0%. The median home value is $56,300. Housing costs are 77% lower than the state median of $248,100. With a home-value-to-income ratio of just 2.0x, Monterey Park is one of the most affordable housing markets in the area. 91.3% of occupied housing units are owner-occupied. This homeownership rate is 31% higher than the state average of 70.0%.
Race & Ethnicity
Monterey Park has a predominantly Hispanic or Latino population, comprising 91.1% of all residents. The Hispanic or Latino population is significantly higher than the state average (91.1% vs 48.4%).
Education
18.6% of residents aged 25 and older hold a bachelor's degree or higher. This is 40% 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 65.3%.
Data Sources & Methodology
All demographic data for Monterey Park, 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 Monterey Park, New Mexico?
Monterey Park, New Mexico has a population of 667 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Monterey Park, NM?
The median household income in Monterey Park is $28,162, which is 65% lower than the national median of $80,734.
What is the poverty rate in Monterey Park, NM?
The poverty rate in Monterey Park is 25.0%. This means approximately 167 residents live below the federal poverty line.
What is the racial makeup of Monterey Park, New Mexico?
Monterey Park's population is 0.0% White, 0.0% Black, 91.1% Hispanic/Latino, and 0.0% Asian.
What is the median home value in Monterey Park, NM?
The median home value in Monterey Park is $56,300. The home-value-to-income ratio is 2.0x.
How educated is Monterey Park, New Mexico?
18.6% of adults (25+) in Monterey Park hold a bachelor's degree or higher, and 0.0% hold a graduate or professional degree.