Hagerman, NM Profile: Facts & Data

The Town of Hagerman had a population of 941 as of July 1, 2024. Hagerman 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 Hagerman is located at latitude 33.1151 and longitude -104.3269 in Chaves County. The formal boundaries for the Town of Hagerman encompass a land area of 1.38 sq. miles and a water area of 0 sq. miles. Chaves County is in the Mountain time zone (GMT -7).

The Town of Hagerman 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 Town of Hagerman is located within Hagerman Division of Chaves County.

Hagerman, NM Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	941 (100%)
Population in Households	941 (100.0%)
Population in Families	808 (85.9%)
Population in Group Quarters¹	0
Population Density	694
Diversity Index²	77


INCOME
Median Household Income	$55,238
Average Household Income	$66,100
% of Income for Mortgage⁴	14%
Per Capita Income	$23,883
Wealth Index⁵	46
Socioeconomic Status Index⁶	Moderate (45.6)

HOUSING
Total HU (Housing Units)	383 (100%)
Owner Occupied HU	244 (63.7%)
Renter Occupied HU	96 (25.1%)
Vacant Housing Units	43 (11.2%)
Median Home Value	$123,026
Average Home Value	$172,643
Housing Affordability Index³	185

HOUSEHOLDS
Total Households	340
Average Household Size	2.77
Family Households	253
Average Family Size	3.00

NOTES

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.
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.
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.
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).
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.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

Hagerman, NM - Peer Comparisons by Rank and Percentile

The table below compares Hagerman to the other 527 incorporated cities, towns and CDPs in New Mexico by rank and percentile using July 1, 2024 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.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	-0.83%	-0.65%
Households	-0.48%	-0.24%
Families		-0.08%
Median Household Income		1.12%
Per Capita Income		2.87%
Owner Occupied HU		0.08%

Variable Description	Rank	Percentile
Total Population	# 168	68th
Population Density	# 75	86th
Median Household Income	# 213	60th
Housing Affordability Index	# 458	87th
Per Capita Income	# 367	31st
Diversity Index	# 209	60th

Hagerman, NM Profile: Facts & Data

Hagerman, New Mexico - Basic Facts

Hagerman, NM Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Hagerman, NM - Peer Comparisons by Rank and Percentile

Hagerman, NM - Most Popular Things to Do

Use HTL Address Research for a New Mexico Address and get...

Quick & Easy Ways to...

New Mexico Census Data Comparison Tool

Chaves County