Fence Lake, NM Profile: Facts & Data

The Fence Lake CDP⁽¹⁾ had a population of 24 as of July 1, 2024. Fence Lake ranks in the lower 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 Fence Lake is located at latitude 34.6534 and longitude -108.6778 in Cibola County. The formal boundaries for the Fence Lake Census Designated Place encompass a land area of 16.92 sq. miles and a water area of 0 sq. miles. Cibola County is in the Mountain time zone (GMT -7).

The Fence Lake Census Designated Place has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

New Mexico is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The Fence Lake Census Designated Place is located within Fence Lake Division of Cibola County.

A Census Designated Place (CDP) is a statistical counterpart to a self-governing (incorporated) place such as a city, town, or village. A CDP is not a legal entity and has no governmental functions.

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

POPULATION
Total Population	24 (100%)
Population in Households	24 (100.0%)
Population in Families	19 (79.2%)
Population in Group Quarters¹	0
Population Density	8
Diversity Index²	70


INCOME
Median Household Income	$18,694
Average Household Income	$54,672
% of Income for Mortgage⁴	0%
Per Capita Income	$25,058
Wealth Index⁵	37
Socioeconomic Status Index⁶	Low (43.9)

HOUSING
Total HU (Housing Units)	23 (100%)
Owner Occupied HU	10 (43.5%)
Renter Occupied HU	1 ( 4.3%)
Vacant Housing Units	12 (52.2%)
Median Home Value	$150,000
Average Home Value	$135,000
Housing Affordability Index³	0

HOUSEHOLDS
Total Households	11
Average Household Size	2.18
Family Households	8
Average Family Size	2.00

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.

Fence Lake, NM - Peer Comparisons by Rank and Percentile

The table below compares Fence Lake 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	8.45%	0.00%
Households	4.83%	0.00%
Families		2.38%
Median Household Income		33.50%
Per Capita Income		0.94%
Owner Occupied HU		1.92%

Variable Description	Rank	Percentile
Total Population	# 514	3rd
Population Density	# 515	2nd
Median Household Income	# 521	1st
Housing Affordability Index	# 78	15th
Per Capita Income	# 348	34th
Diversity Index	# 325	39th

Fence Lake, NM Profile: Facts & Data

Fence Lake, New Mexico - Basic Facts

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

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Fence Lake, NM - Peer Comparisons by Rank and Percentile

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Cibola County