Where are the best places in the state of New Mexico?
To the untrained eye they are the places that have awesome economies. They’re the places in Land of Enchantment where people have the best jobs, residents are all above average, and the sun shines the most.
However, here at HomeSnacks, we don’t trust the untrained eye and instead look to data to understand the best places to call home in New Mexico.
There might be some surprises on this list, but when you look at the unbiased data, it’s hard to argue against.
After analyzing 32 places in New Mexico, we came up with this list of the best places:
- Corrales (Photos | Homes For Sale)
- Rio Rancho (Photos | Homes For Sale)
- Ruidoso (Photos | Homes For Sale)
- Los Ranchos de Albuquerque (Photos | Homes For Sale)
- Santa Fe (Photos | Homes For Sale)
- Carlsbad (Photos | Homes For Sale)
- Artesia (Photos | Homes For Sale)
- Alamogordo (Photos | Homes For Sale)
- Farmington (Photos | Homes For Sale)
- Albuquerque (Photos | Homes For Sale)
Well, it looks like you should check out Corrales if you’re thinking of moving to New Mexico — it’s the best the Land of Enchantment has to offer according to the data.
Follow along as we provide more insight into how we reached our overall best places to live in New Mexico.
For more New Mexico reading, check out:
- 10 Best Places To Live In New Mexico
- These Are The 10 Best Counties To Live In New Mexico
- 10 Cheapest Places To Live In New Mexico
Mapping The Best And Worst Places To Live in New Mexico
The Pressing Question: Size
Before we even started to collect data, we had to answer a tough question: Is it fair to pit Santa Fe with a population of 82,927 against places with a population of 18?
We firmly decided no, that just isn’t fair.
So to create our ranking, we broke places to live into three tiers:
- Cities — Populations over 5,000
- Towns — Populations between 1,000 and 5,000
- Small Towns — Populations below 1,000
This left us with 32 cities, 91 towns, and 145 small towns.
We then decided, no matter how much anyone loves their town, the best places have more of everything and therefore you need to have over 5,000 people to truly be ‘the best’.
You can see those two top tens at the bottom of the post.
How We Calculated The Best Place To Live In New Mexico
Now that we had our set of cities, it was time to rank them.
We ranked each place in New Mexico across a number of criteria from one to 32, with one being the best.
We then took the average rank across all criteria, with the city posting the lowest overall score being crowned the winner of the title “Best Place To Live In New Mexico”.
The criteria we looked at were:
- Median Home Values
- Median Income
- Population Density (Higher better)
- Unemployment Rate
- Commute Time
- Education Levels
- Health Insurance Coverage
- Poverty rates
If your city or town isn’t among the top 10, jump down to the bottom of the post to see a detailed chart of the best places in New Mexico.
Otherwise, buckle up for a ride down good living lane with Corrales at the end of the cul-de-sac.
Corrales has it made. In fact, according to science, it’s one of the best places to live in the state of New Mexico.
The unemployment rate is the 6th lowest in the state at 6.1%, and residents make a pretty penny. Median incomes are $80,664, and the average cost of a home is $433,100. Which is an indication that lots of people want to live here.
We wouldn’t be surprised if more and more publications call Corrales one of America’s gems.
Rio Rancho comes in 2nd in our best places to live in New Mexico analysis.
Ranking highly for its exceptionally low unemployment rate (10th overall) and crime rate (4th overall), Rio Rancho is the exact kind of place you’d want to live with a family.
Several large companies call the surrounding area home which should keep Rio Rancho in our lists for years to come.
Crime is something that doesn’t happen very often in Ruidoso. Statistically the 6th safest place in the state, there were only 21 violent crimes in the entire city last year.
It’s really beautiful in Ruidoso, and new homes continue to replace older homes. Resident earn $40,032 a year, and homes are valued at more than $167,600.
What else could you possibly want if you’re someone who likes the good things in life?
Say what you want about cheap living. The fact is, homes are priced by demand, and there’s A LOT of demand to live in Los Ranchos De Albuquerque.
Los Ranchos De Albuquerque ranked impressively high for its crime rate (29th overall) and its short commute times (21st).
We think that’s worth the price of admission.
Santa Fe is feeling the love as it ranks as the 5th best city to live in New Mexico for 2016.
It ranked highly because of its high incomes (8th overall) and low crime (15th overall and one of the best in the top ten).
We think the city should probably change its motto at this point to something like “The Place To Be In New Mexico”.
Carlsbad broke into the top ten best places to live in New Mexico on the back of a low unemployment and a quality schools system.
It placed 4th overall for its low unemployment rate and the 4th highest median income of any place in our analysis.
However, it only has the 14th shortest average commute time of any place in New Mexico.
Artesia takes 7th place on our list of best places in New Mexico for 2018 thanks to a strong showing in unemployment rate (2nd overall) and things to do.
Artesia is no stranger to top ten lists, being named one of the best places to live in the country by multiple outlets over the past ten years. And that tends to happen when home prices hit $145,400 at the median.
You might be surprised to see the Town of Alamogordo so high on the list. Unless you live in Alamogordo.
The unemployment rate here is really low, and at 8.6%, Alamogordo residents are some of the hardest working in the state of New Mexico. When you factor in high home prices, high incomes and low crime, Alamogordo is doing quite well.
Let’s be honest — Alamogordo is the kind of place you brag to your friends on Facebook about.
In Farmington, everyone loves to call Farmington home! The median home value is the 6th highest in New Mexico.
Additionally, the unemployment rate is the 12th lowest in the state. and the crime rates are some of the lowest in Land of Enchantment.
Farmington should consider renaming to Paradise Valley in our humble opinion.
There’s two types of people who live in Albuquerque. Either the old hold outs who have lived there forever and are watching their home values skyrocket, or those d who can afford to buy a $185,400 home there.
Either way, you’re set. Your kids go to great schools, there’s a ton of things to do, and you earn a great salary. Albuquerque is exactly what you hoped for when you played that board game, LIFE as a kid.
Wrapping Up The Best Places When It Comes To Living In New Mexico
If you’re looking at areas in New Mexico with the best economic situations, where there’s lower than average crime, and a lot to do, this is an accurate list.
Corrales made a strong showing to take in the overall number one spot for 2018.
Best Towns To Live In New Mexico
- Sandia Heights (Pop. 3,319)
- La Huerta (Pop. 1,332)
- San Antonito CDP (Bernalillo (Pop. 1,186)
- Sandia Knolls (Pop. 1,475)
- Bosque Farms (Pop. 3,863)
- El Rancho (Pop. 1,185)
- Placitas CDP (Sandoval (Pop. 4,853)
- Arenas Valley (Pop. 1,480)
- Ponderosa Pine (Pop. 1,382)
- La Mesilla (Pop. 2,165)
Best Small Towns To Live In New Mexico
- Veguita (Pop. 290)
- Pleasanton (Pop. 152)
- Twin Forks (Pop. 254)
- Luis Lopez (Pop. 239)
- San Pedro (Pop. 136)
- Galisteo (Pop. 290)
- Las Palomas (Pop. 412)
- Tijeras (Pop. 547)
- Jaconita (Pop. 421)
- San Jose CDP (San Miguel (Pop. 165)
If you’re curious enough, here are the worst places to live in New Mexico according to the data:
- Anthony (Pop. 9,459)
- Deming (Pop. 14,582)
- Belen (Pop. 7,184)
For more New Mexico reading, check out:
- 10 Best Places To Raise A Family In New Mexico
- These Are The 10 Best Places To Retire In New Mexico For 2018
- These Are The 10 Richest Cities In New Mexico
- 10 Safest Places In New Mexico
- 10 Worst Places To Live In New Mexico
Detailed List Of The Best Places To Live In New Mexico
|4||Los Ranchos De Albuquerque||6,069|
|24||Truth Or Consequences||6,157|