What is the median home price in Raton?

The median home price in Raton, Raton city, New Mexico is $119,100, which is 58% below the national average of 281,900 ($281,900).

Raton, Raton city, New Mexico has a violent crime rate of 2.8 per 1,000 residents, which is 22% below the national average, making it relatively safe. The national average is 3.6 per 1,000 residents. The property crime rate is 0.5 per 1,000 residents.

What is the median household income in Raton?

The median household income in Raton, Raton city, New Mexico is $40,899, which is 45% below the national average of 74,580 ($74,580).

What is the average rent in Raton?

The median rent in Raton, Raton city, New Mexico is $666 per month. The national average median rent is $1,163/month.

What is the population of Raton?

The population of Raton, Raton city, New Mexico is approximately 6,046. The homeownership rate is 68.7% (national average: 65.9%).

What is the unemployment rate in Raton?

The unemployment rate in Raton, Raton city, New Mexico is 0.8%. The national average unemployment rate is 3.7%. The poverty rate is 21.6% (national average: 12.4%).

Raton

Raton city, New Mexico

Affordable

About Raton

Raton, New Mexico, offers a refreshingly different pace of life, a world away from the hustle and bustle of larger cities. Imagine a place where your hard-earned dollars stretch further; the median home value here is a remarkable $119,100, a fraction of the national average. This affordability translates to a relaxed lifestyle, where community bonds are strong and the cost of living allows you to pursue your passions, whether it's exploring the nearby mountains or simply enjoying more leisure time. With a population just over 6,000, Raton exudes a small-town charm, fostering a sense of belonging that's increasingly rare in today's world.

From an investment perspective, Raton presents a compelling opportunity. While the median household income of $40,899 is lower than the national average, the extremely affordable housing market offers a high quality of life for those seeking to escape the high costs of other markets. The town's walkability adds to its appeal, making errands and social outings convenient and enjoyable. Raton is ideal for those seeking a quiet, safe, and friendly community.

Raton, New Mexico at a Glance

Raton is a city in Raton city, New Mexico with a population of approximately 6,046. The median home value is $119,100 and the median household income is $40,899.. The violent crime rate is 2.8 per 1,000 residents, which is 22% below the national average.. Median rent is $666 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.