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Velarde, NM

Full City Profile · New Mexico · Taos County County

2.6 /5.0
C+ Fair
248 Population 97/sq mi density
$63,707 Median Income $39,718 per capita
49°F Avg Temperature 330 sunny days/yr
237 Violent Crime/100K 983 property/100K
C+
Overall
2.6 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.1 / 5.0
$63,707 median income, 0.0% unemployment
F
Safety
1.0 / 5.0
237 violent crimes/100K
B+
Education
3.7 / 5.0
33.3% bachelor's degree or higher

Income Overview

Median Household Income
$63,707
15% below
US avg: $75,149
Per Capita Income
$39,718
2% above
US avg: $39,052
Unemployment Rate
0.0%
100% below
US avg: 3.6%
Poverty Rate
100.0%
706% above
US avg: 12.4%

Income Comparison: Velarde vs. U.S. Average

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

Median Household
US: $75,149
$63,707
85%
Per Capita
US: $39,052
$39,718
102%
IRS Avg AGI
US: $72,000
$56,455
78%
Avg Weekly Wage
US: $1,432
$873
61%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$873
39% below US avg ($1,432)
Mean Commute Time
34 min
25% above US avg (28 min)
Work From Home
0.0%
100% below US avg (15.2%)
Drive Alone
68.1%
7% below US avg (73.2%)
Public Transit
31.9%
539% above US avg (5.0%)
County GDP
$1,521M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 68.1%
Public Transit 31.9%
Work From Home 0%
Average commute time
34 minutes
US avg: 28 min

Business Landscape

Total Establishments
1,449
Restaurants
151
Healthcare
105
Retail
194
Manufacturing
33

Tax & Financial

IRS Avg Adjusted Gross Income
$56,455
22% below US avg ($72,000)
Avg Property Tax
$3,363
4% below US avg ($3,500)
Cost of Living Index
92.2
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$63,707
Per Capita Income$39,718
IRS Avg Adjusted Gross Income$56,455
Avg Weekly Wage$873
County GDP$1,521M

Hardship Indicators

Unemployment Rate0.0%
Poverty Rate100.0%
Gini Coefficient0.508
Cost of Living Index92.2

Commute

Mean Commute34 minutes
Drive Alone68.1%
Public Transit31.9%
Work From Home0.0%

Businesses

Total Establishments1,449
Restaurants151
Healthcare105
Retail194
Manufacturing33

Tax

IRS Avg AGI$56,455
Avg Property Tax$3,363