Red River, NM Profile: Facts & Data

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Red River, New Mexico - Basic Facts

The Town of Red River had a population of 474 as of July 1, 2020.

The primary coordinate point for Red River is located at latitude 36.7081 and longitude -105.4061 in Taos County. The formal boundaries for the Town of Red River encompass a land area of 1 sq. miles and a water area of 0 sq. miles. Taos County is in the Mountain time zone (GMT -7). The elevation is 8,671 feet.

The Town of Red River (GNIS ID: 2412537) 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 Red River is located within Questa Division of Taos County.

Alternate Unofficial Names for Red River: Red River City.

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Red River, NM Data & Demographics (As of July 1, 2020)

POPULATION

Total Population 474 (100%)
Population in Households 454 (95.8%)
Population in Families 317 (66.9%)
Population in Group Quarters1 20 ( 4.2%)
Population Density 467
Diversity Index2 60
 
 

INCOME

Median Household Income $54,161
Average Household Income $74,143
% of Income for Mortgage4 24%
Per Capita Income $34,794
Wealth Index5 80
 

HOUSING

Total HU (Housing Units) 788 (100%)
Owner Occupied HU 175 (22.2%)
Renter Occupied HU 52 ( 6.6%)
Vacant Housing Units 561 (71.2%)
Median Home Value $304,286
Average Home Value $322,429
Housing Affordability Index3 116
 

HOUSEHOLDS

Total Households 227
Average Household Size 2.0
Family Households 118
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

2010-2020 2020-2025
Population -0.06% -0.13%
Households -0.04% -0.09%
Families -0.32% -0.34%
Median Household Income   0.82%
Per Capita Income   1.85%
Owner Occupied HU   -0.11%

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Red River, NM - Peer Comparisons by Rank and Percentile

The table below compares Red River to the other 443 incorporated cities, towns and CDPs in New Mexico by rank and percentile using July 1, 2020 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 # 220 51st
Population Density # 117 74th
Median Household Income # 81 82nd
Housing Affordability Index # 134 30th
Per Capita Income # 58 87th
Diversity Index # 307 31st

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

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