Everything You Should Know Before Moving to Faywood, NM
Thinking of moving to Faywood, NM? With a tiny population of just 65, Faywood offers peaceful rural living, affordable home prices around $140,000, and low average rents. The area boasts 74% sunny days annually and mild winters, making it a great escape for lovers of the outdoors. Commute times are short, and while amenities are limited, nearby Silver City provides access to healthcare and higher education. Review local costs, housing, schools, and climate details below to see if Faywood fits your lifestyle.
Demographics - Faywood, NM
Demographics - Faywood, NM
Faywood is a small, close-knit rural community with just 65 residents and a population density of 10 per square mile. The median age is 58, indicating a mature population, and about 80% of residents identify as White, with a modest proportion of non-English speakers at 12%. This quiet environment appeals to those seeking tranquility and a slower pace of life.
Population:
65
Density:
10 per sq mi
Median Age:
58.0
Gender Ratio:
105 males per 100 females
Non-English Speakers Percentage:
12.0%
Ethnic Composition
White:
80.0%
Black:
0.0%
Asian:
0.0%
Others:
20.0%
Cost Of Living
What is the average cost of living in Faywood, NM?
Living in Faywood is notably affordable, with a median home value of $140,000 and average rents around $700. The overall cost of living index is well below the national average, especially for housing, making it a budget-friendly choice for homebuyers and renters alike. Utilities and groceries are also reasonably priced, helping residents enjoy a lower cost lifestyle.
Median House Value:
$140,000
Gross Rent:
$700
Monthly Electricity Charges:
$95
Auto Insurance:
$1,150
House Owner Cost With Mortgage:
$950
House Owner Cost Without Mortgage:
$330
State Taxes:
Low:
1.7%
|
High:
5.9%
Cost Of Living Index:
84.0
Grocery:
92.0
Housing:
60.0
Utilities:
95.0
Transportation:
80.0
Health Care:
92.0
Miscellaneous:
88.0
Crime
Is Faywood, NM a safe place to live?
Faywood experiences low crime rates typical of rural areas, with a violent crime rate of 350 per 100,000 and property crime at 2,100 per 100,000. The chances of being a victim of violent crime are about 1 in 285, offering residents a sense of security. The community’s peaceful setting is ideal for those prioritizing safety.
Violent Crimes Per 100k:
350
Property Crimes Per 100k:
2,100
Crime Index:
2,450
Chance Of Violent Crime:
1 in 285
Chance Of Property Crime:
1 in 48
Weather
What is the weather like in Faywood, NM year-round?
Faywood enjoys a mild climate with warm summers reaching highs of 93°F and winters rarely dipping below 26°F. The area gets about 12.5 inches of rainfall annually and boasts 74% sunny days, making it perfect for outdoor enthusiasts. The pleasant weather and abundant sunshine contribute to a comfortable year-round lifestyle.
Winter
Min:
26°F
Max:
58°F
Spring
Min:
36°F
Max:
74°F
Summer
Min:
60°F
Max:
93°F
Fall
Min:
40°F
Max:
76°F
Average Rainfall Inches:
12.5 inches
Sunny Days Percentage:
74%
Neighbors
Residents of Faywood typically have a median household income of $36,000, with about 22% living below the poverty line. Most neighbors commute under 30 minutes, and nearly all rely on personal vehicles as public transportation is unavailable. The community values education, with 80% having completed high school or higher.
Median Income:
$30,500
Household Income:
$36,000
Family Income:
$42,000
Per Capita Income:
$21,500
Income Male:
$28,000
Income Female:
$23,000
Poverty Rate:
22.0%
Non English Speakers:
12.0%
Rent:
$700
Unemployment Rate:
7.2%
Public Transport Usage:
0.0%
Commute Time:
27.0 minutes
Education
High School or Higher:
80.0%
Bachelors or More:
19.0%
Education
How are the schools in Faywood, NM?
Faywood offers access to local education through San Lorenzo Elementary School, known for its small class sizes and supportive learning environment. For higher education, residents are just 35 miles from Western New Mexico University in Silver City, which serves about 3,500 students. The area’s educational resources cater to both young families and adult learners.
Public Schools
Name:
San Lorenzo Elementary School
Street:
2655 NM-35, Mimbres, NM 88049
Phone:
575-536-9341
Students:
85
Student Teacher Ratio:
12.0
Colleges
Name:
Western New Mexico University
City:
Silver City
State:
NM
Distance:
35 miles
Students:
3,500
Healthcare
Access to healthcare in Faywood is supported by nearby facilities like Gila Regional Medical Center in Silver City. With 88% of locals covered by health insurance and 1.5 physicians per 1,000 people, basic medical needs are met within a reasonable distance. Emergency services and general care are readily available for residents.
Major Hospitals
Name:
Gila Regional Medical Center
Address:
1313 E 32nd St, Silver City, NM 88061
Phone:
(575) 538-4000
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
1.5
Health Insurance Coverage:
88.0%
Health Care Index:
69.0
Housing Market
What is the housing market like in Faywood, NM?
The housing market in Faywood features affordable median home prices at $140,000 and average rents for a two-bedroom around $700. The majority of homes are owner-occupied, and vacancy rates are moderate, giving buyers and renters various options. Modest growth in home values and low foreclosure rates reflect a stable, accessible market.
Median Home Price:
$140,000
Average Rent For 2 Bedroom:
$700
Owner Occupied Rate:
80.0%
Rental Vacancy Rate:
9.0%
Home Appreciation Rate (1yr):
2.7%
New Construction Rate:
0.4%
Foreclosure Rate:
0.3%
DMV Information
Faywood residents can access vehicle services through the New Mexico Motor Vehicle Division office in nearby Silver City. The DMV offers standard licensing, registration, and title services, and more information is available on the state website. This convenient access ensures residents can easily manage their motor vehicle needs.
State:
New Mexico
Department:
New Mexico Motor Vehicle Division
Address:
1101 Camino de Salud, Silver City, NM 88061
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.