Halfway, NM
Comprehensive Demographic, Economic, and Housing Data Profile
Living in Halfway, NM: Quick Facts & Overview
- Population: 41,557 residents (0 people per sq. mi.)
- Average House Price: $195,150
- Average Household Income: $63,270
Halfway, NM is located in the state of New Mexico. It is home to about 41,557 people, with around 0 residents living in every square mile.
If you want to buy a house in Halfway, the average price is around $195,150. That makes local housing 15% lower than the New Mexico average of $230,737, and 37% lower than the national average of $308,592.
The average household in Halfway earns about $63,270 a year. This income is 6% higher than the average family in New Mexico ($59,665), and 20% lower than the national average ($78,686).
Population
41,557
Median Household Income
$63,270
Median Home Value
$195,150
Median Age
31.2 yrs
Household Income Brackets
Racial & Ethnic Demographics
Age Distribution
Educational Attainment
Economic & Labor Indicators
| Individual Median Income | $31,717 |
| Labor Force Participation | 63.5% |
| Unemployment Rate | 6.9% |
| Average Commute Time | 23.5 mins |
Housing & Community Metrics
| Home Ownership Rate | 67.1% |
| Median Rent | $1,100 |
| Rent Burdened (>30% Income) | 37.2% |
| Total Housing Units | 14,532 |
Additional Census & Housing Profile
Geographic Overview
| County | Lea |
| County FIPS | 35025 |
| Metro Area (CBSA) | Hobbs, NM |
| Population Density | - |
| Coordinates (lat/lng) | 32.5518, -103.7355 |
| Timezone | America/Denver |
| National Ranking | 5 |
| Incorporated | No |
Household Structure
| Average Family Size | 3.50 |
| Dual Income Families | 49.8% |
Marital Status
| Married | 43.6% |
| Never Married | 38.0% |
| Divorced | 12.6% |
| Widowed | 5.8% |
Gender
| Male | 51.1% |
| Female | 48.9% |
Health & Poverty
| Uninsured Rate (Health) | 14.9% |
| Poverty Rate | 19.4% |
Key Population Groups
| Veterans | 3.3% |
| Disabled Population | 13.7% |
| Limited English Proficiency | 13.5% |
All ZIP Codes in Halfway
| ZIP Code | Population | Median Household Income | Median Home Value |
|---|---|---|---|
| 88240 | 41,557 | $63,270 | $195,150 |
Nearby Cities
| City | Distance | Population |
|---|---|---|
| Monument, NM | 27.1 miles | 432 |
| Loving, NM | 28 miles | 1,357 |
| Livingston Wheeler, NM | 29.1 miles | 460 |
| La Huerta, NM | 29.3 miles | 1,288 |
| Malaga, NM | 29.9 miles | 309 |
| Carlsbad, NM | 31.1 miles | 31,746 |
| Eunice, NM | 32.1 miles | 3,015 |
| Happy Valley, NM | 33.5 miles | 845 |
| Lovington, NM | 34.4 miles | 11,498 |
| Hobbs, NM | 35.6 miles | 40,252 |
| Nadine, NM | 36.9 miles | 271 |
| North Hobbs, NM | 38.7 miles | 6,034 |
| Atoka, NM | 41.3 miles | 1,347 |
| Jal, NM | 43.9 miles | 2,364 |
| Morningside, NM | 44 miles | 103 |
| Artesia, NM | 45.2 miles | 12,576 |
| Lake Arthur, NM | 47.8 miles | 478 |