Algodones vs Placitas

A side-by-side comparison of Algodones and Placitas: population, income, housing, and more.

Algodones and Placitas are places in New Mexico. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.

Placitas has the higher population (4,375 vs 1,198 in Algodones). Placitas has the higher median household income ($110,268 vs $63,750 in Algodones). Placitas has the higher median home value ($520,200 vs $236,500 in Algodones).

Population, income & housing

	Algodones	Placitas
Population	1,198	4,375
Median age	54.8 yrs	63.2 yrs
Median household income	$63,750	$110,268
Median home value	$236,500	$520,200
Median gross rent	—	$1,869
Housing units	587	2,349
Homeownership rate	84.5%	91.6%
Bachelor's degree or higher	22.1%	60.2%
Unemployment rate	7.0%	3.0%

Trends (ACS 5-year, 2019–2023)

	Algodones	Placitas
Population	704 → 1,198 (+70.2%)	4,686 → 4,375 (-6.6%)
Median household income	$42,283 → $63,750 (+50.8%)	$80,224 → $110,268 (+37.5%)
Median home value	$289,200 → $236,500 (-18.2%)	$366,700 → $520,200 (+41.9%)
Median gross rent	$540 → $829 (+53.5%)	$1,168 → $1,869 (+60.0%)

Algodones

Population

7041,198

Median household income

$42,283$63,750

Median home value

$289,200$236,500

Median gross rent

$540$829

Placitas

Population

4,6864,375

Median household income

$80,224$110,268

Median home value

$366,700$520,200

Median gross rent

$1,168$1,869

Age & race/ethnicity

Age distribution (share)

	Algodones	Placitas
Under 5	2.1%	2.2%
5 to 17	10.0%	3.3%
18 to 24	7.3%	1.1%
25 to 34	5.5%	1.5%
35 to 44	8.2%	13.0%
45 to 54	17.9%	13.5%
55 to 64	20.0%	19.8%
65 to 74	21.0%	29.9%
75 and over	7.9%	15.7%

Race & ethnicity (share)

	Algodones	Placitas
White (non-Hispanic)	19.7%	74.2%
Black or African American	0.0%	0.0%
American Indian & Alaska Native	7.2%	6.7%
Asian	0.0%	1.5%
Native Hawaiian & Pacific Islander	0.0%	0.0%
Some other race	4.9%	0.0%
Two or more races	0.7%	2.4%
Hispanic or Latino	67.5%	15.2%

Educational attainment (age 25+)

Share of adults 25+

	Algodones	Placitas
No high school diploma	12.3%	1.5%
High school graduate	26.0%	14.3%
Some college or associate's	39.6%	24.0%
Bachelor's degree	17.1%	27.4%
Graduate or professional degree	5.0%	32.8%

Commute to work

How workers get to work (share)

	Algodones	Placitas
Drove alone	67.3%	62.3%
Carpooled	7.9%	2.9%
Public transit	0.0%	1.0%
Walked	3.3%	0.8%
Bicycle	0.0%	0.0%
Worked from home	21.5%	32.6%
Other means	0.0%	0.4%

Housing

Units in structure (share)

	Algodones	Placitas
1-unit, detached	70.7%	96.9%
1-unit, attached	2.9%	0.0%
2 to 4 units	0.0%	0.0%
5 to 19 units	0.0%	0.0%
20 or more units	0.0%	0.6%
Mobile home & other	26.4%	2.5%

Poverty & households

	Algodones	Placitas
Poverty rate	16.6%	2.0%
Average household size	2.19	2.01
Mean commute (minutes)	34	30
Median year structure built	1980	1999