Velarde CDP, New Mexico Demographics & Population 2026
As of 2026, Velarde CDP, New Mexico has a total population of 248, the 337th largest city in New Mexico, with a median household income of $63,707, which is 3% higher than the state average. The poverty rate is 38.7%.
Key Takeaways
- More than 1 in 4 residents live below the poverty line (38.7%), well above the national average of 12.4%.
- Near full employment with an unemployment rate of just 0.0%.
Velarde CDP Quick Facts
How Velarde CDP Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
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: 61 | National average: 60
Education
Educational Attainment (Adults 25+)
Velarde CDP Rankings in New Mexico
Explore New Mexico Rankings
Cities Similar to Velarde CDP
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Madrid CDP | 248 | N/A | $380,000 | 91.9% | 52.4% |
| Medanales CDP | 246 | N/A | N/A | 0.0% | 0.0% |
| Willard village | 246 | N/A | $96,300 | 37.7% | 19.5% |
| Navajo Dam CDP | 240 | N/A | $213,600 | 17.0% | 34.2% |
| Totah Vista CDP | 240 | N/A | N/A | 0.0% | 57.5% |
Population Overview
Velarde CDP is a small community located in New Mexico. The total population is 248. It ranks as the 337th most populous out of 492 cities and towns in New Mexico.
Age Demographics
The median age in Velarde CDP is 47.8 years. This is 22% higher than the state median of 39.2 years.
Economy, Income & Housing
The median household income in Velarde CDP is $63,707. This is 3% higher than the state median of $62,125. Compared to the national median of $78,538, household income here is 19% lower. The poverty rate stands at 38.7%. This is 114% 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 0.0%. This is 100% lower than the state rate of 6.0%. 40.4% of occupied housing units are owner-occupied. This homeownership rate is 42% lower than the state average of 69.3%.
Race & Ethnicity
Velarde CDP has a predominantly Hispanic or Latino population, comprising 100.0% of all residents. The Hispanic or Latino population is significantly higher than the state average (100.0% vs 48.1%).
Education
33.3% of residents aged 25 and older hold a bachelor's degree or higher. This is 10% higher 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 93.0%. Notably, 26.4% of adults hold a graduate or professional degree, indicating a highly educated workforce.
Data Sources & Methodology
All demographic data for Velarde CDP, 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 Velarde CDP, New Mexico?
Velarde CDP, New Mexico has a population of 248 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Velarde CDP, NM?
The median household income in Velarde CDP is $63,707, which is 19% lower the national median of $78,538.
What is the poverty rate in Velarde CDP, NM?
The poverty rate in Velarde CDP is 38.7%. This means approximately 96 residents live below the federal poverty line.
What is the racial makeup of Velarde CDP, New Mexico?
Velarde CDP's population is 0.0% White, 0.0% Black, 100.0% Hispanic/Latino, and 0.0% Asian.
What is the median home value in Velarde CDP, NM?
The median home value in Velarde CDP is N/A.
How educated is Velarde CDP, New Mexico?
33.3% of adults (25+) in Velarde CDP hold a bachelor's degree or higher, and 26.4% hold a graduate or professional degree.