Everything You Should Know Before Moving to Fairacres, NM
Thinking of moving to Fairacres, NM? With a small-town feel and a population of around 920, Fairacres offers affordable living with median home prices near $168,000 and average rents around $900. Residents enjoy over 300 sunny days a year, short average commutes of about 19 minutes, and convenient access to Las Cruces for healthcare and higher education. While crime rates are higher than the national average, the strong sense of community, low cost of living, and desert climate make it a unique option for those seeking a relaxed lifestyle in southern New Mexico.
Demographics - Fairacres, NM
Demographics - Fairacres, NM
Fairacres is a close-knit community of about 920 residents, featuring a median age of 47 and a population density of 670 people per square mile. The area is predominantly White, with a significant portion of non-English speakers, reflecting its diverse cultural fabric.
Population:
920
Density:
670 per sq mi
Median Age:
47.2
Gender Ratio:
98 males per 100 females
Non-English Speakers Percentage:
29.5%
Ethnic Composition
White:
70.0%
Black:
1.5%
Asian:
0.9%
Others:
27.6%
Cost Of Living
What is the average cost of living in Fairacres, NM?
Living costs in Fairacres are notably affordable, with median home values around $168,000 and average rents at $900 per month. The overall cost of living index is well below the national average, helping residents enjoy a comfortable lifestyle on a modest budget.
Median House Value:
$168,000
Gross Rent:
$900
Monthly Electricity Charges:
$120
Auto Insurance:
$1,130
House Owner Cost With Mortgage:
$1,080
House Owner Cost Without Mortgage:
$350
State Taxes:
Low:
1.7%
|
High:
5.9%
Cost Of Living Index:
86.1
Grocery:
93.7
Housing:
70.2
Utilities:
92.5
Transportation:
81.5
Health Care:
89.8
Miscellaneous:
90.4
Crime
Is Fairacres, NM a safe place to live?
Fairacres experiences higher-than-average crime rates for both violent and property incidents, with residents facing a 1 in 227 chance of violent crime and a 1 in 34 chance of property crime. It's important for newcomers to consider safety precautions and neighborhood selection when moving here.
Violent Crimes Per 100k:
440
Property Crimes Per 100k:
2,900
Crime Index:
3,340
Chance Of Violent Crime:
1 in 227
Chance Of Property Crime:
1 in 34
Weather
What is the weather like in Fairacres, NM year-round?
The climate in Fairacres is sunny and dry, boasting 78% sunny days and less than 10 inches of annual rainfall. Residents enjoy mild winters with daytime highs near 60°F and hot summers that can reach up to 97°F.
Winter
Min:
30°F
Max:
60°F
Spring
Min:
45°F
Max:
80°F
Summer
Min:
65°F
Max:
97°F
Fall
Min:
45°F
Max:
80°F
Average Rainfall Inches:
9.5 inches
Sunny Days Percentage:
78%
Neighbors
Fairacres residents typically have a median household income of $46,200, with about 21% living below the poverty line. Most neighbors commute less than 20 minutes to work, and the community has a strong emphasis on bilingualism due to its nearly 30% non-English-speaking population.
Median Income:
$29,000
Household Income:
$46,200
Family Income:
$54,300
Per Capita Income:
$21,700
Income Male:
$32,500
Income Female:
$26,300
Poverty Rate:
21.0%
Non English Speakers:
29.5%
Rent:
$900
Unemployment Rate:
6.7%
Public Transport Usage:
0.6%
Commute Time:
19.2 minutes
Education
High School or Higher:
77.2%
Bachelors or More:
18.4%
Education
How are the schools in Fairacres, NM?
Education options in Fairacres include a local public elementary school and easy access to higher education at New Mexico State University just six miles away. The community is served by schools with reasonable student-teacher ratios, supporting a solid educational foundation.
Public Schools
Name:
Fairacres Elementary School
Street:
8655 Picacho Ave
Phone:
575-527-9465
Students:
320
Student Teacher Ratio:
15.7
Colleges
Name:
New Mexico State University
City:
Las Cruces
State:
NM
Distance:
6 miles
Students:
14,000
Healthcare
Residents have convenient access to quality healthcare, with two major hospitals located in nearby Las Cruces and an above-average health insurance coverage rate of 86.5%. The area features a moderate number of physicians per capita, ensuring essential medical services are available.
Major Hospitals
Name:
MountainView Regional Medical Center
Address:
4311 E Lohman Ave, Las Cruces, NM 88011
Phone:
(575) 521-2200
Type:
General & Surgical
Emergency Services:
Yes
Name:
Memorial Medical Center
Address:
2450 S Telshor Blvd, Las Cruces, NM 88011
Phone:
(575) 522-8641
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
1.6
Health Insurance Coverage:
86.5%
Health Care Index:
67.0
Housing Market
What is the housing market like in Fairacres, NM?
The local housing market is stable and affordable, with a median home price of $168,000 and a high owner-occupancy rate of 73.5%. Home values have seen steady appreciation, making Fairacres an attractive choice for both buyers and renters.
Median Home Price:
$168,000
Average Rent For 2 Bedroom:
$900
Owner Occupied Rate:
73.5%
Rental Vacancy Rate:
8.7%
Home Appreciation Rate (1yr):
5.1%
New Construction Rate:
0.7%
Foreclosure Rate:
0.6%
DMV Information
Fairacres residents are served by the New Mexico Motor Vehicle Division located in Las Cruces, offering a full range of DMV services both in-person and online for added convenience.
State:
New Mexico
Department:
New Mexico Motor Vehicle Division
Address:
2540 El Paseo Rd, Las Cruces, NM 88001
Phone:
1-888-683-4636
Website:
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.