Bosque Farms, NM Profile: Facts & Data

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Bosque Farms, New Mexico - Basic Facts

The Village of Bosque Farms had a population of 3,836 as of July 1, 2019. Bosque Farms ranks in the upper 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 Bosque Farms is located at latitude 34.8548 and longitude -106.7053 in Valencia County. The formal boundaries for the Village of Bosque Farms encompass a land area of 3.95 sq. miles and a water area of 0.01 sq. miles. Valencia County is in the Mountain time zone (GMT -7). The elevation is 4,865 feet.

The Village of Bosque Farms (GNIS ID: 2413534) 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 Bosque Farms is located within Los Lunas Division of Valencia County.


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  1. Bosque Farms 2019 Demographic Data
  2. Growth Rates for Bosque Farms (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 - 2019 Demographics

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Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2019, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


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Bosque Farms, NM Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Bosque Farms, NM Housing Affordability Index is 145
State of New Mexico Housing Affordability Index is 127
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.

WEALTH INDEX

Bosque Farms, NM Wealth Index is 91
State of New Mexico Wealth Index is 71
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.

These new demographic attributes are availiable for cities, Counties, ZIP Codes and even neighborhoods (Census Blocks) when you search by a specific New Mexico address.

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POPULATION

Total Population 3,836
Population in Households 3,836
Population in Familes 3,268
Population in Group Qrtrs 0
Population Density 975
Diversity Index1 67
 

INCOME

Median Household Income $60,230
Average Household Income $76,518
Per Capita Income $30,082
Wealth Index3 91

HOUSING

Total Housing Units 1,615 (100%)
Owner Occupied HU 1,402 (86.8%)
Renter Occupied HU 108 ( 6.7%)
Vacant Housing Units 105 ( 6.5%)
Median Home Value $221,462
Housing Affordability Index2 145
 

HOUSEHOLDS

Total Households 1,510
Average Household Size 2.54
Family Households 1,101
Average Family Size 3
NOTES
  1. 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 race 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.
  2. 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.
  3. 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

2010-2019 2019-2024
Population -0.21% -0.28%
Households -0.26% -0.31%
Families -0.51% -0.51%
Median Household Income   0.86%
Per Capita Income   1.44%

Bosque Farms, NM - Peer Comparisons by Rank and Percentile

The table below compares Bosque Farms to the other 443 incorporated cities, towns and CDPs in New Mexico by rank and percentile using July 1, 2019 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 # 55 88th
Population Density # 46 90th
Diversity Index # 217 51st
Median Household Income # 52 88th
Per Capita Income # 81 82nd

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

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