Red River, New Mexico Housing

Red River, New Mexico has a population of 481, with a median household income of $74,114.

Current housing data for Red River.

$388,114

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Population

481

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Median Income

$74,114

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Unemployment

3.50%

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Housing Price

$388,114

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Crime Rate

0.30

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Internet Speed

159.10 Mbps

Red River is a small local community located in New Mexico. The city has a population that is below the average city population in New Mexico, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Red River is a notable city in New Mexico, offering a mix of population dynamics, economic indicators, and housing trends.

Population Overview

Red River has a population of 481, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Red River is $74,114, which is above the state average. This reflects stronger earning potential and economic stability.

Housing Market

Housing prices in Red River average around $388,114, which is relatively high compared to other cities in New Mexico.

Employment and Safety

The unemployment rate in Red River is 3.50%, which is lower than the state average, indicating a relatively strong job market. Red River has a lower crime rate than the state average, contributing to a relatively safer living environment.

City Comparison

Compared to other cities in New Mexico, Red River shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Overall, Red River offers a balanced mix of economic conditions, population trends, and housing opportunities within New Mexico.

Frequently Asked Questions about Red River

What is the population of Red River?

The population of Red River is approximately 481.

Is Red River a good place to live?

Red River offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Red River?

The median household income in Red River is around $74,114.

How expensive is housing in Red River?

The average housing price in Red River is approximately $388,114.