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Las Vegas, NM 87701 has a population of approximately 19,168 and experiences a population change rate of -5.92%. The population density is 11.9 / sq mi .
The median household income for Las Vegas, NM 87701 is $37,640, with 7,799 households and an average household size of 2.18.
The median value of a home in Las Vegas, NM 87701 is $164,300 with an appreciation rate of 12.50%. 53.36% of housing in the state is owned while 29.41% is rented.
The cost of living in Las Vegas, NM 87701 is 84.1 %.
The unemployment rate in Las Vegas, NM 87701 is 3.80%, and recent job growth is at 4.87%. Future job growth is projected at 38.22%.
The sales tax rate in Las Vegas, NM 87701 is 8.27%, while the income tax rate is 4.90% .
School expenditures in Las Vegas, NM 87701 are $15,947, and the school ratio is 14.7:1.
The average high temperature in July is 84.3 degrees, with an average low temperature in January of 14.2 degrees. The average rainfall is approximately 17.6 inches per year, with 30.3 inches of snow per year.