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Folsom, NM
Full City Profile · New Mexico · Union County County
3.0
/5.0
B
Good
56
Population
86/sq mi density
$93,750
Median Income
$15,102 per capita
49°F
Avg Temperature
330 sunny days/yr
62
Violent Crime/100K
3,300 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$93,750 median income, 0.0% unemployment
F
Safety
1.0 / 5.0
62 violent crimes/100K
B
Education
3.1 / 5.0
25.9% bachelor's degree or higher
Housing Overview
Homeownership Rate
100.0%
53% above US avg (65.4%)
Total Housing Units
31
Median year built: 1943
Ownership vs. Renting
100.0%
Owner-Occupied
0.0%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$828/mo
1 Bedroom
$927/mo
2 Bedroom
$1,129/mo
3 Bedroom
$1,496/mo
4 Bedroom
$1,758/mo
Affordability & Housing Stock
Rent Burden
25.7%
of renters spending 30%+ of income on housing
17% below US avg (31.0%)
Median Year Built
1943
Average age of housing stock: 83 years
Homeownership Rate
100.0%
Complete Housing Data
Home Values
| Zillow Home Value (ZHVI) | $151,873 |
Rent
| FMR Studio | $828 |
| FMR 1-Bedroom | $927 |
| FMR 2-Bedroom | $1,129 |
| FMR 3-Bedroom | $1,496 |
| FMR 4-Bedroom | $1,758 |
Market
Ownership & Stock
| Owner-Occupied | 100.0% |
| Renter-Occupied | 0.0% |
| Homeownership Rate | 100.0% |
| Total Housing Units | 31 |
| Median Year Built | 1943 |
| Rent Burden | 25.7% |