Casas Adobes, NM Profile: Facts & Data

The primary coordinate point for Casas Adobes is located at latitude 32.8104 and longitude -107.9399 in Grant County. Grant County is in the Mountain time zone (GMT -7).

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

Casas Adobes, NM Data & Demographics (As of July 1, 2023)

POPULATION
Total Population	276 (100%)
Population in Households	276 (100.0%)
Population in Families	233 (84.4%)
Population in Group Quarters¹	0
Population Density	298
Diversity Index²	70


INCOME
Median Household Income	$37,092
Average Household Income	$54,893
% of Income for Mortgage⁴	28%
Per Capita Income	$24,264
Wealth Index⁵	49
Socioeconomic Status Index⁶	Moderate (58.0)

HOUSING
Total HU (Housing Units)	168 (100%)
Owner Occupied HU	96 (57.1%)
Renter Occupied HU	26 (15.5%)
Vacant Housing Units	46 (27.4%)
Median Home Value	$170,000
Average Home Value	$323,698
Housing Affordability Index³	93

HOUSEHOLDS
Total Households	122
Average Household Size	2.26
Family Households	85
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.

Casas Adobes, NM - Peer Comparisons by Rank and Percentile

The table below compares Casas Adobes to the other 527 incorporated cities, towns and CDPs in New Mexico by rank and percentile using July 1, 2023 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	2020-2023	2023-2028
Population	-0.33%	0.57%
Households	-1.70%	-0.16%
Families		1.60%
Median Household Income		3.19%
Per Capita Income		1.41%
Owner Occupied HU		-0.21%

Variable Description	Rank	Percentile
Total Population	# 309	42nd
Population Density	# 171	68th
Median Household Income	# 386	27th
Housing Affordability Index	# 254	48th
Per Capita Income	# 321	39th
Diversity Index	# 318	40th

Casas Adobes, NM Profile: Facts & Data

Casas Adobes, New Mexico - Basic Facts

Casas Adobes, NM Data & Demographics (As of July 1, 2023)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Casas Adobes, NM - Peer Comparisons by Rank and Percentile

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