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Thoreau, NM
Full City Profile · New Mexico · McKinley County County
2.5
/5.0
C+
Fair
1,795
Population
45/sq mi density
$43,953
Median Income
$22,466 per capita
$52,900
Home Value
$145,746 Zillow
$640
Median Rent
30.8% income on rent
50°F
Avg Temperature
330 sunny days/yr
555
Violent Crime/100K
3,423 property/100K
C+
Overall
2.5 / 5.0
Fair overall score based on economy, affordability, safety and education
C
Economy
2.4 / 5.0
$43,953 median income, 6.4% unemployment
A+
Affordability
5.0 / 5.0
$52,900 home value, $640/mo rent
F
Safety
1.0 / 5.0
555 violent crimes/100K (46% above avg)
F
Education
1.5 / 5.0
5.7% bachelor's degree or higher
Housing Overview
Median Home Value
$52,900
81% below
US avg: $281,900
Median Rent
$640/mo
45% below
US avg: $1,163/mo
Homeownership Rate
90.8%
39% above US avg (65.4%)
Total Housing Units
777
Median year built: 1993
Home Value by Source
Census Median
$52,900
Zillow (ZHVI)
$145,746
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
90.8%
Owner-Occupied
9.2%
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
Census median rent:
$640/mo
Affordability & Housing Stock
Rent Burden
30.8%
of renters spending 30%+ of income on housing
1% below US avg (31.0%)
Median Year Built
1993
Average age of housing stock: 33 years
Homeownership Rate
90.8%
Complete Housing Data
Home Values
| Census Median Value | $52,900 |
| Zillow Home Value (ZHVI) | $145,746 |
Rent
| Census Median Rent | $640 |
| 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 | 90.8% |
| Renter-Occupied | 9.2% |
| Homeownership Rate | 90.8% |
| Total Housing Units | 777 |
| Median Year Built | 1993 |
| Rent Burden | 30.8% |