Income & Economy in Fairacres, NM
Household income, poverty rates, employment, and economic data — 2023 ACS Data
Income Overview
Source: U.S. Census Bureau ACS (2023)Median Household Income
N/A
Per Capita Income
$27,610
-26% vs national
Poverty Rate
27.6%
+103% vs national
Gini Index
0.5046
0 = perfect equality
Unemployment
9.9%
+90% vs national
SNAP Recipients
24.8%
of households
How Fairacres Compares
Source: Census ACS (2023)Where Do You Stack Up?
Enter your household income to see how you compare to other households in Fairacres.
Income Distribution
Source: U.S. Census Bureau ACS (2023)Employment Snapshot
Source: U.S. Census Bureau ACS (2023)Unemployment Rate
9.9%
+54% vs NM avg
Labor Force
172
Employed
155
Mean Commute
17 min
How People Get to Work
Source: Census ACS (2023)Employment by Sector
Source: Census ACS (2023)Education & Workforce
Source: U.S. Census Bureau ACS (2023)Bachelor's Degree+
14.7%
of adults 25+
High School Diploma+
26.1%
of adults 25+
Median Age
43.9
Work from Home
15.5%
of workers
The median household income in Fairacres, NM is N/A. Per capita income is $27,610. The poverty rate of 27.6% is higher than the NM state average of 20.1%. The Gini index of income inequality is 0.5046, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 9.9%, compared to the state average of 6.4%. 14.7% of adults hold a bachelor's degree or higher. The average commute time is 17 minutes, with 15.5% working from home.