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Velarde CDP, New Mexico Demographics & Population 2026

High PovertyPoverty rate of 38.7% is well above the state average

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

Velarde CDP Quick Facts

Population 248
Median Household Income $63,707
Median Home Value N/A
Poverty Rate 38.7%
Unemployment Rate 0.0%
Median Age 47.8 years
Homeownership Rate 40.4%
Affordability Ratio N/A
Bachelor's Degree or Higher 33.3%
High School Graduation Rate 93.0%
Diversity Index 0/100
Population 248 337th of 492
Median Income $63,707 average
Poverty Rate 38.7% 211% higher national
Median Home Value N/A

How Velarde CDP Compares

Economy & Housing

Employment

0.0% Unemployment Rate State: 6.0% | National: 5.2%
82.6% Labor Force Participation

Housing Overview

Owner 40.4%
Renter 59.6%

People & Demographics

Diversity Index

0out of 100
Very Low Diversity

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

State average: 61 | National average: 60

Education

Velarde CDP Rankings in New Mexico

#337 Population of 492
#142 Median Income of 492
#115 Education of 492
N/A Home Value of 492

Cities Similar to Velarde CDP

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Madrid CDP248N/A$380,00091.9%52.4%
Medanales CDP246N/AN/A0.0%0.0%
Willard village246N/A$96,30037.7%19.5%
Navajo Dam CDP240N/A$213,60017.0%34.2%
Totah Vista CDP240N/AN/A0.0%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.

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 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.