New Mexico / Taos County

Moving to Penasco, NM

Thinking of making a move to Penasco, NM? Get helpful local information about living costs, neighborhoods, schools, weather, housing, DMV details, and practical relocation details before you plan your move.

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Everything You Should Know Before Moving to Penasco, NM

Considering a move to Penasco, NM? This welcoming community of 1,400 residents offers a blend of suburban charm and convenience, with median home prices around $245,000 and average rents near $1,050. Commute times average 23 minutes and public transport is accessible, making it great for professionals. The area boasts low violent crime, strong schools, and plenty of sunny days (79% annually), ideal for families and commuters alike. Explore Penasco's cost of living, education, and friendly neighborhoods to see if it's the right fit for your next move.

Demographics - Penasco, NM

Penasco has a population of 1,400 residents, offering a diverse community with a median age of nearly 43 and a balanced gender ratio. The area features a strong blend of backgrounds, with about 55% White, 1% Black, and 1% Asian residents, and over 18% speaking a language other than English at home. Its high population density contributes to a lively suburban atmosphere.

Population
1,400
Density
220 per sq mi
Median Age
42.8
Gender Ratio
98 males per 100 females
Non-English Speakers Percentage
18.0%

Ethnic Composition

White
55.0%
Black
0.5%
Asian
0.6%
Others
43.9%

Cost Of Living

What is the average cost of living in Penasco, NM?

The cost of living in Penasco is higher than the national average, with a cost of living index of 92.8. Median home values are around $245,000 and average rents for a two-bedroom apartment are approximately $1,050. Utilities, groceries, and transportation costs are also elevated, reflecting the area's desirable location and amenities.

Median House Value
$245,000
Gross Rent
$1,050
Monthly Electricity Charges
$145
Auto Insurance
$1,520
House Owner Cost With Mortgage
$1,520
House Owner Cost Without Mortgage
$520
State Taxes
Low: 1.7%| High: 5.9%
Cost Of Living Index
92.8
Grocery
96.5
Housing
84.0
Utilities
108.7
Transportation
96.0
Health Care
95.8
Miscellaneous
93.6

Crime

Is Penasco, NM a safe place to live?

Penasco is considered a safe community, with a low violent crime rate of 210 incidents per 100,000 residents and a property crime chance of 1 in 85. Most residents enjoy peace of mind, making it an attractive choice for families. The crime index remains below many urban areas in New Mexico.

Violent Crimes Per 100k
210
Property Crimes Per 100k
1,180
Crime Index
1,390
Chance Of Violent Crime
1 in 476
Chance Of Property Crime
1 in 85

Weather

What is the weather like in Penasco, NM year-round?

Penasco experiences four distinct seasons, with warm summers reaching highs of 84°F and cold winters dipping to 12°F. The area receives about 21 inches of rainfall annually and enjoys sunshine on 79% of days. This climate offers residents a balanced mix of outdoor opportunities year-round.

Winter

Min
12°F
Max
38°F

Summer

Min
55°F
Max
84°F

Spring

Min
32°F
Max
65°F

Fall

Min
34°F
Max
68°F
Average Rainfall Inches
20.5 inches
Sunny Days Percentage
79%

Neighbors

The neighborhood boasts a healthy median household income of $48,500 and a low poverty rate of 20.5%. Over 89% of residents have at least a high school diploma, and nearly 17% hold a bachelor's degree or higher. Commute times average 23 minutes, and almost 1% use public transportation, reflecting the area's accessibility and educated population.

Median Income
$31,500
Household Income
$48,500
Family Income
$56,000
Per Capita Income
$23,800
Income Male
$31,000
Income Female
$28,500
Poverty Rate
20.5%
Non English Speakers
24.0%
Rent
$1,050
Unemployment Rate
5.8%
Public Transport Usage
1.2%
Commute Time
23.4 minutes

Education

High School or Higher
89.0%
Bachelors or More
16.5%

Education

How are the schools in Penasco, NM?

Penasco offers quality education options, with public schools like Penasco High School and Penasco Elementary School known for favorable student-to-teacher ratios. Families also have access to private schools and several nearby colleges, including Northern New Mexico College and University of New Mexico Taos. The community is committed to educational excellence for all age groups.

Public Schools

Name
Penasco High School
Street
National Forest Rd 76
Phone
575-587-2211
Students
160
Student Teacher Ratio
10.5
Name
Penasco Elementary School
Street
National Forest Rd 76
Phone
575-587-2212
Students
180
Student Teacher Ratio
11.2

Private Schools

Name
Our Lady of Guadalupe School
Street
11 State Rd 76
Phone
575-758-1148
Students
85

Colleges

Name
Northern New Mexico College
City
Espanola
State
NM
Distance
36 miles
Students
1,500
Name
University of New Mexico Taos
City
Taos
State
NM
Distance
41 miles
Students
500

Healthcare

Penasco residents have access to quality healthcare, with major hospitals like Holy Cross Hospital and Presbyterian Española Hospital nearby. The community benefits from a high physician-to-resident ratio of 1.7 per 1,000 people and 88.4% health insurance coverage. Local healthcare services are reliable and comprehensive.

Major Hospitals

Name
Holy Cross Hospital
Address
1397 Weimer Rd, Taos, NM 87571
Phone
(575) 758-8883
Type
General & Surgical
Emergency Services
Yes
Name
Presbyterian Española Hospital
Address
1010 Spruce St, Española, NM 87532
Phone
(505) 367-4461
Type
General & Surgical
Emergency Services
Yes

Healthcare Access

Physicians Per 1000
1.7
Health Insurance Coverage
88.4%
Health Care Index
68.2

Housing Market

What is the housing market like in Penasco, NM?

The local housing market is strong, with a median home price of $245,000 and an owner-occupied rate of nearly 68%. The market has seen a 3.1% appreciation over the past year, and rental vacancy rates remain moderate at 8.2%. Penasco offers a mix of stability and opportunity for both buyers and renters.

Median Home Price
$245,000
Average Rent For 2 Bedroom
$1,050
Owner Occupied Rate
68.0%
Rental Vacancy Rate
8.2%
Home Appreciation Rate (1yr)
3.1%
New Construction Rate
0.8%
Foreclosure Rate
0.7%

DMV Information

Residents of Penasco handle vehicle services through the New Mexico Motor Vehicle Division, conveniently located in Santa Fe. The state DMV provides driver licensing, vehicle registration, and other essential services both in person and online. Information and resources are easily accessible for new and existing residents.

State
New Mexico
Department
New Mexico Motor Vehicle Division
Address
1100 S. St. Francis Dr., Santa Fe, NM 87504
Phone
1-888-683-4636

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.

FAQs About Moving to Penasco, NM

Answers use the same city data shown on this page, including costs, housing, schools, safety, weather, healthcare, and DMV details.

Before moving to Penasco, review the core fields on this page: population 1,400, median home value $245,000, average rent for 2 bedroom $1,050, commute time 23.4 minutes, and sunny days percentage 79%.

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