Population 599 · Census ACS 2020–24
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Population and households in Caballo
Household size in Caballo
| Period | Caballo | New Mexico | U.S. |
|---|---|---|---|
| 2006–10 | 2.94 | 2.71 | 2.68 |
| 2010–14 | 3.02 | 2.77 | 2.73 |
| 2015–19 | 2.00 | 2.71 | 2.71 |
| 2020–24 | 2.00 | 2.63 | 2.65 |
| Change | −0.94 | −0.07 | −0.03 |
Households in Caballo are small: just 2.00 people on average, compared with 2.65 nationally. That is typical of places where many people live alone or as couples, and fewer have children at home. Household size has dropped from 2.94 in 2006–10, but in a place this small, much of that may be survey noise rather than real change.
Household size: the average number of people living in each occupied home. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25010).
Median age in Caballo
| Period | Caballo | New Mexico | U.S. |
|---|---|---|---|
| 2006–10 | 51.4 | 37.4 | 37.7 |
| 2010–14 | 53.2 | 38.2 | 38.6 |
| 2015–19 | 57.6 | 39.3 | 39.6 |
| 2020–24 | 68.2 | 40.5 | 40.1 |
| Change | +16.8 | +3.2 | +2.3 |
Caballo skews older: half of its residents are older than 68.2, well above the national median of 40.1. That usually means more empty nesters and retirees, and fewer young families.
Median age: the age that splits residents into two equal halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B01002).
Single-parent households in Caballo
| Period | Caballo | New Mexico | U.S. |
|---|---|---|---|
| 2006–10 | 4.5% | 14.2% | 12.3% |
| 2010–14 | 4.4% | 14.6% | 12.3% |
| 2015–19 | 16.2% | 13.6% | 11.6% |
| 2020–24 | 7.0% | 14.4% | 11.6% |
| Change | +2.5 pts | +0.1 pts | −0.6 pts |
Single-parent households are relatively rare in Caballo: 7.0% of households, against 11.6% nationally.
Single-parent households: households where one adult with no spouse present lives with children under 18. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B11003).
Housing in Caballo
Renters in Caballo
| Period | Caballo | New Mexico | U.S. |
|---|---|---|---|
| 2006–10 | 2.6% | 30.4% | 33.3% |
| 2010–14 | 5.6% | 31.8% | 35.6% |
| 2015–19 | 10.4% | 32.3% | 36.0% |
| 2020–24 | 7.6% | 30.0% | 34.8% |
| Change | +4.9 pts | −0.3 pts | +1.5 pts |
Caballo is overwhelmingly a place of homeowners: only 7.6% of households rent, far below the national share of 34.8%. Owner-heavy areas like this tend to see less turnover. About three-quarters of owners (75.7%) have paid off their mortgages, well above the national share of 39.8%.
Renters: occupied homes that are rented rather than owned. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25003).
Vacant homes in Caballo
| Period | Caballo | New Mexico | U.S. |
|---|---|---|---|
| 2006–10 | 47.9% | 13.6% | 11.4% |
| 2010–14 | 47.9% | 14.2% | 11.4% |
| 2015–19 | 30.2% | 15.2% | 11.1% |
| 2020–24 | 33.4% | 11.9% | 9.6% |
| Change | −14.5 pts | −1.6 pts | −1.8 pts |
Vacant homes make up 33.4% of the housing in Caballo, far above the national rate of 9.6%. In resort and lake areas that usually means seasonal and vacation homes; elsewhere it can point to weak demand.
Vacant homes: homes with no one living in them, including vacation homes and homes for sale or rent. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25002).
Age of homes in Caballo
| Period | Caballo | New Mexico | U.S. |
|---|---|---|---|
| 2006–10 | 1974 | 1980 | 1974 |
| 2010–14 | 1976 | 1981 | 1975 |
| 2015–19 | 1986 | 1982 | 1977 |
| 2020–24 | 1981 | 1985 | 1980 |
| Change | +7 | +4 | +6 |
The typical home in Caballo was built around 1981, about the same vintage as the country's housing overall (1980).
Age of homes: the year that splits the housing stock into older and newer halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25035).
Rent in Caballo
| Period | Caballo | New Mexico | U.S. |
|---|---|---|---|
| 2006–10 | $513 | $777 | $965 |
| 2010–14 | $616 | $866 | $1,040 |
| 2015–19 | $682 | $943 | $1,213 |
| 2020–24 | $668 | $1,188 | $1,571 |
| Change | +$155 | +$411 | +$606 |
The median renter in Caballo pays $668 a month for rent and utilities, well below the national median of $1,571. The typical renter here spends 27.8% of household income on rent, just under the 30% mark often used to define affordable rent, and a smaller share than renters pay nationally.
Rent: monthly rent plus the utilities renters pay themselves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25064).
Education in Caballo
Bachelor's degrees in Caballo
| Period | Caballo | New Mexico | U.S. |
|---|---|---|---|
| 2006–10 | 16.9% | 25.0% | 28.4% |
| 2010–14 | 22.9% | 25.5% | 29.6% |
| 2015–19 | 29.4% | 26.7% | 32.1% |
| 2020–24 | 16.4% | 30.2% | 35.6% |
| Change | −0.5 pts | +5.2 pts | +7.2 pts |
College degrees are relatively uncommon in Caballo: 16.4% of adults 25 and older hold a bachelor's or higher, well below the national share of 35.6%.
Bachelor's degrees: adults 25 and older with a bachelor's degree or higher. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
High school graduates in Caballo
| Period | Caballo | New Mexico | U.S. |
|---|---|---|---|
| 2006–10 | 86.4% | 82.3% | 84.9% |
| 2010–14 | 83.5% | 83.5% | 86.1% |
| 2015–19 | 87.9% | 85.1% | 87.7% |
| 2020–24 | 89.8% | 87.5% | 89.3% |
| Change | +3.4 pts | +5.2 pts | +4.3 pts |
About as many adults in Caballo have finished high school as nationally: 89.8%, against 89.3%. The rate is higher than in New Mexico as a whole (87.5%).
High school graduates: adults 25 and older with a high school diploma, GED or more. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
Jobs in Caballo
| Period | Caballo | New Mexico | U.S. |
|---|---|---|---|
| 2006–10 | 1.2% | 7.3% | 8.1% |
| 2010–14 | 5.3% | 9.7% | 9.4% |
| 2015–19 | 10.6% | 6.8% | 5.6% |
| 2020–24 | 10.0% | 6.0% | 5.4% |
| Change | +8.8 pts | −1.3 pts | −2.7 pts |
Unemployment in Caballo runs well above the national rate: 10.0% of the labor force was out of work and looking, against 5.4%. Because the Census pools five years of responses (2020–24), these rates smooth over short swings and lag the current job market.
Unemployment: people looking for work as a share of everyone working or looking. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B23025).
Caballo compared with nearby cities
| City | Household size | Median age | Single parents | Renters | Vacant homes | Median year built | Median rent | Bachelor's degree | High school diploma | Unemployment |
|---|---|---|---|---|---|---|---|---|---|---|
| Caballo | 2.00 | 68.2 | 7.0% | 7.6% | 33.4% | 1981 | $668 | 16.4% | 89.8% | 10.0% |
| Williamsburg | 2.15 | 57.5 | 11.3% | 17.6% | 30.7% | 1981 | $766 | 13.9% | 90.6% | 9.6% |
| Arrey | 2.24 | 67.4 | 6.9% | 18.3% | 35.5% | 1976 | $744 | 13.0% | 74.4% | 0.4% |
| Hillsboro | 2.27 | 67.1 | 7.0% | 19.0% | 34.8% | 1975 | $729 | 13.0% | 73.0% | 0.0% |
| Kingston | 2.24 | 67.2 | 7.0% | 17.5% | 34.6% | 1976 | $729 | 13.4% | 75.2% | 1.3% |
| San Lorenzo | 2.34 | 53.2 | 1.9% | 0.4% | 44.6% | 1981 | $614 | 39.6% | 95.4% | 1.0% |
| Mimbres | 2.38 | 54.2 | 2.0% | 1.4% | 40.1% | 1984 | $613 | 38.3% | 94.3% | 2.4% |
| Hanover | 2.31 | 54.4 | 2.5% | 1.3% | 43.1% | 1980 | $627 | 37.2% | 95.5% | 2.8% |
| Pinos Altos | 2.48 | 59.2 | 2.8% | 6.7% | 19.4% | 1996 | $622 | 32.2% | 89.5% | 8.6% |
| Mangas Springs | 2.87 | 45.3 | 7.3% | 23.8% | 26.9% | 1981 | $797 | 31.5% | 95.2% | 3.7% |
| Gila | 2.62 | 55.1 | 4.1% | 11.6% | 21.2% | 1993 | $653 | 31.7% | 90.6% | 7.8% |
All figures 2020–24.
Cities with similar populations: Scarlet, WV · Rudd, IA · Igo, CA · Ida, LA · Hyde Park, PA · Hutton, IL · San Simon, AZ · Savage, MT · Hunter, NY · Ruble, MO
About these numbers
Every figure on this page is a BestNeighborhood calculation from the Census Bureau's American Community Survey (ACS), built up from the Census block groups that make up Caballo. Each ACS 5-year release pools five years of responses; this page shows the last 15 releases, 2006–10 through 2020–24. Neighboring releases share four of their five years, so they move gradually and small changes between them are within the survey's margin of error; in small places the lines can jump from one release to the next for the same reason. The maps show the same measures for each neighborhood, ranked against the whole country.
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