Reserve, NM Profile: Facts & Data

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Reserve, New Mexico - Basic Facts

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The Village of Reserve had a population of 300 as of July 1, 2021. Reserve ranks in the upper quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in New Mexico. See peer rankings below.

The primary coordinate point for Reserve is located at latitude 33.7131 and longitude -108.7578 in Catron County. The formal boundaries for the Village of Reserve encompass a land area of 0.55 sq. miles and a water area of 0 sq. miles. Catron County is in the Mountain time zone (GMT -7). The elevation is 5,771 feet.

The Village of Reserve has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

New Mexico is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The Village of Reserve is located within Reserve Division of Catron County.

Alternate Unofficial Names for Reserve: Milligan, Milligans Plaza, Upper Frisco Plaza, Upper San Francisco Plaza.

Jump to... (On This Page!)
  1. Reserve 2021 Demographic Data
  2. Growth Rates for Reserve (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. New Mexico Research Tools (Easy Tools & Current Data)
  3. New Mexico Data Comparison Tool - 2021 Demographics
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Reserve, NM Data & Demographics (As of July 1, 2021)

POPULATION

Total Population 300 (100%)
Population in Households 281 (93.7%)
Population in Families 204 (68.0%)
Population in Group Quarters1 19 ( 6.3%)
Population Density 539
Diversity Index2 57
 
 

INCOME

Median Household Income $31,483
Average Household Income $37,503
% of Income for Mortgage4 22%
Per Capita Income $18,224
Wealth Index5 30
 

HOUSING

Total HU (Housing Units) 254 (100%)
Owner Occupied HU 130 (51.2%)
Renter Occupied HU 25 ( 9.8%)
Vacant Housing Units 99 (39.0%)
Median Home Value $160,811
Average Home Value $193,654
Housing Affordability Index3 127
 

HOUSEHOLDS

Total Households 155
Average Household Size 1.81
Family Households 85
Average Family Size 2
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2021 2021-2026
Population 0.33% -0.34%
Households 0.59% 0.0%
Families 0.32% -0.24%
Median Household Income   0.41%
Per Capita Income   1.36%
Owner Occupied HU   0.0%

Reserve, NM - Peer Comparisons by Rank and Percentile

The table below compares Reserve to the other 443 incorporated cities, towns and CDPs in New Mexico by rank and percentile using July 1, 2021 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 264 41st
Population Density # 95 79th
Median Household Income # 360 19th
Housing Affordability Index # 187 42nd
Per Capita Income # 338 24th
Diversity Index # 331 26th

Additional comparisons and rankings can be made with a VERY EASY TO USE New Mexico Census Data Comparison Tool.

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