Ruidoso New Mexico Demographics

Population
As of 2007, Ruidoso's population is 14,625 people. Since 2000, it has had a population growth of 11.80 percent. The median age is 45.5. The US median is 37.6. 57.45% of people in Ruidoso (zip 88345), NM, are married. 14.34% are divorced. The average household size is 2.3 people. 17.02% of people are married, with children. 8.52% have children, but are single. 83.66% of people are white, 0.61% are black, 0.46% are Asian, 2.40% are Native American, and 12.87% claim 'Other'. 24.18% of the people in Ruidoso, NM, claim Hispanic ethnicity meaning 75.82% are non-Hispanic.

Home Costs
The median home cost in Ruidoso is $187,300. Home appreciation the last year has been 15.20 percent. The median home value in Ruidoso, NM, is $187,300. Home appreciation is 15.20% over the last year (2006). The median age of Ruidoso, NM, real estate is 21 years. Renters make up 11.33% of the Ruidoso, NM, population. 51.78% of houses and apartments in Ruidoso, NM, are unoccupied as they are used as second homes and vacation rentals.

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Ruidoso Demographics (continued)

Cost of Living
Compared to the rest of the country, Ruidoso (zip 88345)'s cost of living is 6.57% Lower than the U.S. average.

Schools
Ruidoso (zip 88345) public schools spend $5,293 per student. The average school expenditure in the U.S. is $6,058. There are about 18.6 students per teacher in Ruidoso. There are 19 pupils per teacher, 412 students per librarian, and 816 children per counselor in Ruidoso.

Employment
The unemployment rate in Ruidoso is 4.20 percent (U.S. avg. is 4.60%). Recent job growth is Negative. Ruidoso jobs have decreased by 0.01 percent (2206). The unemployment rate in Ruidoso, NM, is 4.20%, with job growth of -0.01%. Future job growth over the next ten years is predicted to be 40.00%. The income per capita is $24,661, which includes all adults and children. The median household income is $42,108.