Roy, NM Profile: Facts & Data

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Roy, New Mexico - Basic Facts

The Village of Roy had a population of 207 as of July 1, 2023.

The primary coordinate point for Roy is located at latitude 35.9439 and longitude -104.1961 in Harding County. The formal boundaries for the Village of Roy encompass a land area of 2.04 sq. miles and a water area of 0 sq. miles. Harding County is in the Mountain time zone (GMT -7).

The Village of Roy 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 Roy is located within North Harding Division of Harding County.


Jump to... (On This Page!)
  1. Roy 2023 Demographic Data
  2. Growth Rates for Roy (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 - 2023 Demographics
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Roy, NM Data & Demographics (As of July 1, 2023)

POPULATION

Total Population 207 (100%)
Population in Households 207 (100.0%)
Population in Families 188 (90.8%)
Population in Group Quarters1 0
Population Density 101
Diversity Index2 73
 
 

INCOME

Median Household Income $35,789
Average Household Income $81,748
% of Income for Mortgage4 15%
Per Capita Income $42,651
Wealth Index5 91
Socioeconomic Status Index6 Moderate (56.4)
 

HOUSING

Total HU (Housing Units) 200 (100%)
Owner Occupied HU 69 (34.5%)
Renter Occupied HU 39 (19.5%)
Vacant Housing Units 92 (46.0%)
Median Home Value $90,789
Average Home Value $401,812
Housing Affordability Index3 174
 

HOUSEHOLDS

Total Households 108
Average Household Size 1.92
Family Households 75
Average Family Size 3.00
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.
  6. 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.

GROWTH RATE / YEAR

2020-2023 2023-2028
Population 2.18% -2.33%
Households 0.00% -1.92%
Families   -2.82%
Median Household Income   5.90%
Per Capita Income   4.25%
Owner Occupied HU   -1.80%

Roy, NM - Peer Comparisons by Rank and Percentile

The table below compares Roy 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.

Variable Description Rank Percentile
Total Population # 347 34th
Population Density # 320 39th
Median Household Income # 401 24th
Housing Affordability Index # 435 83rd
Per Capita Income # 83 84th
Diversity Index # 280 47th

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

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