Population 1,042 · Census ACS 2020–24
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Population and households in Penasco
Household size in Penasco
| Period | Penasco | New Mexico | U.S. |
|---|---|---|---|
| 2006–10 | 2.83 | 2.71 | 2.68 |
| 2010–14 | 2.55 | 2.77 | 2.73 |
| 2015–19 | 2.99 | 2.71 | 2.71 |
| 2020–24 | 2.56 | 2.63 | 2.65 |
| Change | −0.26 | −0.07 | −0.03 |
The average household in Penasco has 2.56 people, a bit under the U.S. average of 2.65. The picture is much the same across New Mexico. Since 2006–10, household size has dropped from 2.83, 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 Penasco
| Period | Penasco | New Mexico | U.S. |
|---|---|---|---|
| 2006–10 | 42.3 | 37.4 | 37.7 |
| 2010–14 | 45.4 | 38.2 | 38.6 |
| 2015–19 | 45.0 | 39.3 | 39.6 |
| 2020–24 | 45.0 | 40.5 | 40.1 |
| Change | +2.7 | +3.2 | +2.3 |
Penasco skews older: half of its residents are older than 45.0, 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 Penasco
| Period | Penasco | New Mexico | U.S. |
|---|---|---|---|
| 2006–10 | 15.2% | 14.2% | 12.3% |
| 2010–14 | 10.1% | 14.6% | 12.3% |
| 2015–19 | 16.1% | 13.6% | 11.6% |
| 2020–24 | 11.0% | 14.4% | 11.6% |
| Change | −4.2 pts | +0.1 pts | −0.6 pts |
Single-parent households are about as common in Penasco as they are nationally: 11.0%, against 11.6%. Single parents are less common here than in New Mexico as a whole (14.4%).
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 Penasco
Renters in Penasco
| Period | Penasco | New Mexico | U.S. |
|---|---|---|---|
| 2006–10 | 17.9% | 30.4% | 33.3% |
| 2010–14 | 17.7% | 31.8% | 35.6% |
| 2015–19 | 25.3% | 32.3% | 36.0% |
| 2020–24 | 20.3% | 30.0% | 34.8% |
| Change | +2.4 pts | −0.3 pts | +1.5 pts |
Only 20.3% of households in Penasco rent their homes, far below the national share of 34.8%, so most residents are owners who tend to stay put. About eight in ten owners (80.5%) 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 Penasco
| Period | Penasco | New Mexico | U.S. |
|---|---|---|---|
| 2006–10 | 27.9% | 13.6% | 11.4% |
| 2010–14 | 30.4% | 14.2% | 11.4% |
| 2015–19 | 26.9% | 15.2% | 11.1% |
| 2020–24 | 24.5% | 11.9% | 9.6% |
| Change | −3.4 pts | −1.6 pts | −1.8 pts |
Vacant homes make up 24.5% of the housing in Penasco, 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 Penasco
| Period | Penasco | New Mexico | U.S. |
|---|---|---|---|
| 2006–10 | 1974 | 1980 | 1974 |
| 2010–14 | 1976 | 1981 | 1975 |
| 2015–19 | 1975 | 1982 | 1977 |
| 2020–24 | 1975 | 1985 | 1980 |
| Change | +2 | +4 | +6 |
Homes in Penasco run a bit older than the national norm, with a median build year of 1975 against 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 Penasco
| Period | Penasco | New Mexico | U.S. |
|---|---|---|---|
| 2006–10 | $434 | $777 | $965 |
| 2010–14 | $560 | $866 | $1,040 |
| 2015–19 | $592 | $943 | $1,213 |
| 2020–24 | $1,002 | $1,188 | $1,571 |
| Change | +$568 | +$411 | +$606 |
Rent in Penasco runs $1,002 a month at the median, utilities included, well below the U.S. median of $1,571. Rent takes 26.0% of the typical renter's income, comfortably under the 30% mark often used to define affordable rent.
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 Penasco
Bachelor's degrees in Penasco
| Period | Penasco | New Mexico | U.S. |
|---|---|---|---|
| 2006–10 | 15.1% | 25.0% | 28.4% |
| 2010–14 | 13.6% | 25.5% | 29.6% |
| 2015–19 | 13.0% | 26.7% | 32.1% |
| 2020–24 | 16.6% | 30.2% | 35.6% |
| Change | +1.5 pts | +5.2 pts | +7.2 pts |
College degrees are relatively uncommon in Penasco: 16.6% 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 Penasco
| Period | Penasco | New Mexico | U.S. |
|---|---|---|---|
| 2006–10 | 76.4% | 82.3% | 84.9% |
| 2010–14 | 79.7% | 83.5% | 86.1% |
| 2015–19 | 86.0% | 85.1% | 87.7% |
| 2020–24 | 87.1% | 87.5% | 89.3% |
| Change | +10.7 pts | +5.2 pts | +4.3 pts |
About one in eight adults in Penasco never finished high school, a bit more than nationally: 87.1% have a diploma or equivalent, against 89.3% across the U.S. New Mexico as a whole looks much the same.
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 Penasco
| Period | Penasco | New Mexico | U.S. |
|---|---|---|---|
| 2006–10 | 15.4% | 7.3% | 8.1% |
| 2010–14 | 15.2% | 9.7% | 9.4% |
| 2015–19 | 7.2% | 6.8% | 5.6% |
| 2020–24 | 3.9% | 6.0% | 5.4% |
| Change | −11.5 pts | −1.3 pts | −2.7 pts |
Unemployment in Penasco runs below the national rate: 3.9% of the labor force was out of work and looking, against 5.4% nationally. Each figure pools five years of surveys (2020–24), so it describes that whole stretch rather than today's 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).
Penasco 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Penasco | 2.56 | 45.0 | 11.0% | 20.3% | 24.5% | 1975 | $1,002 | 16.6% | 87.1% | 3.9% |
| Picuris Pueblo | 2.57 | 44.8 | 11.0% | 20.0% | 24.4% | 1975 | $1,004 | 16.5% | 87.1% | 3.9% |
| Rodarte | 2.70 | 54.1 | 18.1% | 13.9% | 29.2% | 1975 | $1,037 | 16.5% | 91.0% | 0.1% |
| Llano | 2.71 | 54.0 | 18.1% | 13.3% | 29.1% | 1975 | $1,039 | 16.4% | 90.9% | 0.1% |
| Chamisal | 2.62 | 48.6 | 15.6% | 14.4% | 26.2% | 1977 | $1,010 | 18.4% | 87.8% | 3.4% |
| Llano Largo | 2.71 | 54.3 | 18.3% | 13.2% | 29.3% | 1975 | $1,039 | 16.4% | 91.1% | 0.0% |
| Vadito | 2.66 | 53.2 | 16.8% | 17.3% | 28.9% | 1975 | $1,028 | 16.7% | 90.7% | 0.6% |
| Ojo Sarco | 2.38 | 43.7 | 14.9% | 15.3% | 23.5% | 1980 | $917 | 26.7% | 84.2% | 9.2% |
| Canoncito | 2.46 | 44.9 | 15.7% | 15.2% | 24.8% | 1980 | $943 | 25.2% | 85.2% | 7.7% |
| El Valle | 2.55 | 57.1 | 16.8% | 12.3% | 27.3% | 1970 | $1,005 | 15.7% | 91.7% | 0.0% |
| Rinconada | 2.37 | 42.7 | 15.1% | 15.0% | 23.1% | 1981 | $906 | 28.0% | 84.3% | 10.4% |
All figures 2020–24.
Cities with similar populations: Keiser, AR · Highmore, SD · Hobart, NY · Homer, NE · Hoosick, NY · Iron Post, OK · Iva, MI · Jasper, MN · Jolo, WV · Hanover, KS
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 Penasco. 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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