Folsom, NM

Full City Profile · New Mexico · Union County County

4.0 /5.0
A Great
56 Population 86/sq mi density
$93,750 Median Income $15,102 per capita
49°F Avg Temperature
A
Overall
4.0 / 5.0
Strong
A+
Economy
4.9 / 5.0
$93,750 median income, 0.0% unemployment
B
Education
3.1 / 5.0
25.9% bachelor's degree or higher

Folsom, NM

At a Glance

Median Income
$93,750
25% above
$15,102 per capita
Bachelor's Degree+
25.9%
23% below
100.0% high school+
Unemployment
0.0%
100% below
0.0% poverty rate
Obesity Rate
35.0%
9% above
15.8% smoking rate
Avg Temperature
49°F

How Folsom Compares to the U.S. Average

Each bar shows Folsom's value as a percentage of the national average (100% = U.S. avg)

Income
125%
Poverty
0%
Bachelor's
77%
Unemployment
0%
Thin vertical line = U.S. national average (100%)

Is Folsom a Good Place to Live?

A
4.0 / 5.0 - Great
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Folsom residents earn a median household income of $93,750 , which is 25% above the national average of $75,149. Per capita income is $15,102. The unemployment rate stands at 0.0% (100% below the U.S. rate of 3.6%). 0.0% of residents live below the poverty line. The area is home to 182 business establishments, including 10 restaurants.

Education

25.9% of adults in Folsom hold a bachelor's degree or higher (23% below the national average). 100.0% have completed high school. Local schools score 5.8/10 in standardized testing.

Climate & Weather

Folsom has an average annual temperature of 49°F (10°C). Winters average 31°F in January while summers reach 70°F in July. Annual precipitation totals 17.6 inches.

Data Overview

People

Population56
Median Age9.8 yrs
Density86/mi²
Male / Female50% / 50%
Foreign Born0.0%
Veterans0.0%

Economy

A+
Median Income$93,750
Per Capita$15,102
Unemployment0.0%
Poverty0.0%
County GDP$178M
Avg Weekly Wage$893

Housing

Home Value
Rent
Ownership100.0%
Zillow$151,873
Housing Units31
Rent Burden25.7%

Health

Obesity35.0%
Diabetes11.8%
Smoking15.8%
Heart Disease6.2%
Premature Death12,002/100K

Climate

Avg Temp49°F
Rain17.6 in/yr
Elevation6,402 ft

Education

B
Bachelor's+25.9%
High School+100.0%
Graduate+0.0%
School Score5.8/10

Community

2024 VoteR 75% / D 23%
Broadband100.0%
Internet Speed78 Mbps
EV Stations1
Libraries1

Did You Know?

The median home in Folsom was built in 1943.
31.3% work from home.
The nearest airport is Taos Regional (101 miles).
The Gini coefficient (income inequality) is 0.412 (U.S. avg: 0.490).
Natural hazard risk is rated "Very Low" by FEMA.
10.7% of the population has a disability.
The county recorded 2 fatal vehicle crashes.