Cost Of Living
The overall cost of living in this area is much lower than average. This includes everyday goods and services, as well as housing, utilities and health care.
Housing
This area has received high scores in the housing category. This could be due to a positive home affordability ratio, high appreciation rates or elevated home values.
Ratings
Local residents have positive things to say about the proximity of restaurants, grocery stores, parks, public transit, friendliness of neighbors, sense of community and overall safety of the area.
Amenities
A majority of amenities are not ideally situated within a reasonable walking distance, which may lead residents to rely on a vehicle or public transportation.
Commute
Public transportation is not readily available in this area and the average commute time to work could also be longer than the national average.
Schools
Lower than average education levels, poor reading and math scores, as well as the inaccessibility of local elementary and high schools could all be factors in the low schools score.
Bosque Farms, New Mexico is a smaller city with a population of 3,833 inhabitants. At 75%, the majority of the Bosque Farms population is White; this is followed by 10% American Indian and Alaskan and 2% Asian. Additionally, more than a quarter of the population of Bosque Farms are of Hispanic or Latino origin, and 15% of the population also speak Spanish. Based on an average age of 48, Bosque Farms appears to be well-suited for seniors or retirees as the average age is well above the national average. If finding a family friendly city is important to you, look no further. With more than 75% of the population considered married and 26% with kids under the age of 18, Bosque Farms could be considered a very suitable city for families. An important consideration when living in Bosque Farms is the longer-than-average commute times. If you seek a short work commute, this area may not be the best choice for you. The one-way commute time here typically takes 33 minutes, far surpassing the national average of 26 minutes.
If you’re considering moving to any new city, it could be a very discouraging task. However, it could also be a positive experience if you are willing to get to know the town before actually living in Bosque Farms, New Mexico. When searching for a new neighborhood, several key items should be considered. Safety is of utmost importance, ensuring a secure environment with low crime. Proximity to your workplace or school helps reduce commuting time and offers convenience. Access to amenities such as parks, grocery stores, and healthcare facilities enhances your daily life. Public transportation options contribute to easy mobility. A sense of community fosters a supportive and engaging environment. Lastly, the overall atmosphere should align with your desired lifestyle, ensuring a fulfilling living experience. Considering these items will guide you towards finding the perfect neighborhood that fits all your needs. With useful information like amenities, crime, cost of living, commute, health & safety and other key data points, finding the best places to live in Bosque Farms and in the areas around Bosque Farms is a much easier task.
The livability score in Bosque Farms is 70 out of 100 and the city is ranked in the 77th percentile of all cities across America. If we probe a little deeper into each category within the livability score, we see that Bosque Farms has higher than average rankings for the following: cost of living (B+), employment (B) and housing (A+). There is at least one category that does not have great scores in Bosque Farms. The following was graded with a less than perfect score: amenities (F) and education (D-).
Unemployment rates can range pretty dramatically from one city to another. Knowing that Bosque Farms has an unemployment rate of 1.12% could mean increased job opportunities with a higher demand for workers. It could also lead to higher wages, as the demand for workers exceeds the availability of jobs. Most importantly, it could be a sign of a healthy and thriving local economy.
A robust real estate market serves as a crucial economic indicator, reflecting the local area's strength, stability and the confidence of its residents. Bosque Farms excels in the housing sector, scoring high marks based on factors such as median home and rental prices, appreciation rates and home affordability. These calculations suggest that the apartment rental and real estate market in the region is exceptionally healthy, highlighting the area's economic vitality and attractiveness to potential homebuyers and renters.
Certain items on your wish list like shopping, restaurants, nightlife, parks and proximity to public transportation are all important things to look for. Having said that, perhaps the most important metric to consider when contemplating a move to Bosque Farms is real estate affordability. Median real estate prices in Bosque Farms come in at $223,500, which is 38.3% higher than the New Mexico average. The home price to income ratio compares the median home prices to the median household income. In Bosque Farms, the home price to income ratio is 3.8, which is 8.6% higher than the New Mexico average.
| Statistic | Bosque Farms | New Mexico | National |
| Average one way commute | 33min | 22min | 26min |
| Workers who drive to work | 78.5% | 79.8% | 76.4% |
| Workers who carpool | 5.3% | 10.1% | 9.3% |
| Workers who take public transit | 0.0% | 1.2% | 5.1% |
| Workers who bicycle | 0.0% | 0.7% | 0.6% |
| Workers who walk | 0.0% | 2.2% | 2.8% |
| Working from home | 15.5% | 4.7% | 4.6% |
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