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Fairacres, NM

Comprehensive demographics, housing data, local amenities, and economic statistics for Fairacres.

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Community Insights

Veteran Community
9% of residents
top 22% nationally
Leading Industries
Wholesale Trade · Construction · Agriculture & Mining
14% wholesale trade
Home Value Growth⬆⬆
+12.9% over 2 years
Retirees
27% of residents
above average nationally
Homeowners
90% of occupied units

People & Demographics

Total Population788
Households
Under 18
21.0%
Age 18–34
21.0%
Age 35–64
31.0%
Age 65+
27.0%
Veterans
9.0%
Active Duty
0.0%

Housing & Living

Median Home Value$332,800
Median Gross Rent—/mo
Owner Occupied
90.2%
Renter Occupied
9.8%
Detached Homes
Built Pre-1940

Economy & Income

Median Household Income$74,028
Poverty Rate

Key Industries

Healthcare3.0%
Professional Services2.0%
Manufacturing0.0%
Retail12.0%
Education2.0%

Amenities & Transit

Transit Score28 / 100
Walkability / Amenities33 / 100
Commute < 15m
Commute 60m+

Education

High School Grad
Bachelor's Degree
15.0%
Master's or Higher
4.0%
School Enrollment

Frequently Asked Questions

What is the population and demographic makeup of Fairacres?

The total population of Fairacres is approximately 788. The largest age group is 35-64 year olds. This demographic data is sourced from the U.S. Census Bureau.

Is Fairacres walkable and transit-friendly?

Based on local geographic data, Fairacres has an amenity and walkability score of 33/100 and a transit score of 28/100. This indicates the area is mostly car-dependent for daily errands and commuting.

Do more people rent or own homes in Fairacres?

The housing market in Fairacres is predominantly driven by homeowners, with 90% of housing units being owner-occupied and 10% being renter-occupied.

What is the education level of residents in Fairacres?

In Fairacres, approximately 15% of adult residents hold a bachelor's degree or higher. Additionally, 4% of the population holds a master's degree or higher. This indicates the local educational attainment compared to state and national averages.