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MapMap ViewCaballo, NM 87931 has a population of approximately 749 and experiences a population change rate of 2.04%. The population density is 6.8 / sq mi .
The median household income for Caballo, NM 87931 is $42,016, with 404 households and an average household size of 1.92.
The median value of a home in Caballo, NM 87931 is $138,700 with an appreciation rate of 12.50%. 49.82% of housing in the state is owned while 24.18% is rented.
The cost of living in Caballo, NM 87931 is 83.4 %.
The unemployment rate in Caballo, NM 87931 is 6.10%, and recent job growth is at -4.00%. Future job growth is projected at 14.15%.
The sales tax rate in Caballo, NM 87931 is 6.81%, while the income tax rate is 4.90% .
School expenditures in Caballo, NM 87931 are $14,048, and the school ratio is 14.5:1.
The average high temperature in July is 95.7 degrees, with an average low temperature in January of 27.4 degrees. The average rainfall is approximately 11.1 inches per year, with 3.4 inches of snow per year.
