Young Place, NM Profile: Facts & Data

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Young Place, New Mexico - Basic Facts

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The Young Place had a population of 194 as of July 1, 2021.

The primary coordinate point for Young Place is located at latitude 36.9944 and longitude -107.5181 in San Juan County. The formal boundaries for the Young Place encompass a land area of 1.71 sq. miles and a water area of 0 sq. miles.

The Young Place has a U5 Census Class Code which indicates populated place that is also a census designated place with the same 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 Young Place is located within Bloomfield Division of San Juan County.


Jump to... (On This Page!)
  1. Young Place 2021 Demographic Data
  2. Growth Rates for Young Place (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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Young Place, NM Data & Demographics (As of July 1, 2021)

POPULATION

Total Population 194 (100%)
Population in Households 192 (99.0%)
Population in Families 161 (83.0%)
Population in Group Quarters1 2 ( 1.0%)
Population Density 113
Diversity Index2 73
 
 

INCOME

Median Household Income $50,000
Average Household Income $52,143
% of Income for Mortgage4 12%
Per Capita Income $21,248
Wealth Index5 45
 

HOUSING

Total HU (Housing Units) 97 (100%)
Owner Occupied HU 66 (68.0%)
Renter Occupied HU 10 (10.3%)
Vacant Housing Units 21 (21.6%)
Median Home Value $140,000
Average Home Value $173,106
Housing Affordability Index3 232
 

HOUSEHOLDS

Total Households 76
Average Household Size 2.53
Family Households 54
Average Family Size 3
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% 0.71%
Households 0.48% 0.78%
Families 1.24% 0.37%
Median Household Income   0.88%
Per Capita Income   2.08%
Owner Occupied HU   0.89%

Young Place, NM - Peer Comparisons by Rank and Percentile

The table below compares Young Place 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 # 319 28th
Population Density # 280 37th
Median Household Income # 157 63rd
Housing Affordability Index # 357 81st
Per Capita Income # 261 41st
Diversity Index # 116 74th

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

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