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.
Crime
With a lower than average crime rate per 100,000 people, this area could be considered a very safe place to live. Crime rates are based on both violent and property crimes.
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 small-sized city with a population of 3,984 residents. If we take a look at the last Census, the vast majority of the population falls within one racial group (75% White). Given that fact, Bosque Farms could be considered less diverse than other cities. 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. Bosque Farms is considered to be a city with an aging population. The average age of all residents is 48, which is well beyond the United States median age 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. When traveling to work, spending unnecessary time in your vehicle is not ideal and downright frustrating. Across all of America, the average one way commute time is 26 minutes, unfortunately, living in Bosque Farms offers up a higher than average one way commute time of 33 minutes.
Are you trying to figure out if living in Bosque Farms is the right fit for your lifestyle? To ensure a good experience before relocating to any new city in New Mexico, you will probably want to make sure that you check all of the most important boxes. Several key factors deserve attention. For one, safety is paramount, ensuring that your new area is low in crime is key. Proximity to workplaces or schools minimizes commute times and fosters convenience. Access to essential amenities like parks, grocery stores, food, fitness, shops and healthcare facilities enhances daily life. Efficient public transportation options provide mobility and connectivity. The sense of community creates a welcoming and supportive environment. Lastly, the overall atmosphere, encompassing the vibe, aesthetics, and lifestyle offerings, contributes to a fulfilling living experience. Considering these elements helps identify the ideal neighborhood for your needs and preferences. The best areas in Bosque Farms and in surrounding cities are easier to find when you are able to make informed decisions. Using data from amenities, education, housing, you will see a detailed breakdown of the most important information as well as comparisons to the New Mexico and national averages.
Bosque Farms has a livability score of 70/100 and is ranked #16 in New Mexico and #6,702 in the USA. There are nine total categories that create the livability score. Bosque Farms scores well for crime (B-), cost of living (A-), employment (B) and housing (A+) The bad news for Bosque Farms, there are some categories for which it does not score well, this includes: amenities (F) and education (F).
Crime rates play a pivotal role in the decision-making process for anyone considering a move, as they directly influence the overall sense of safety, security and quality of life in a given location. Bosque Farms shines in this regard, earning exemplary ratings for its exceptionally low violent crime rates, standing at 147 crimes per 100,000 residents. These rates are notably below the national average, underscoring the community's commitment to safety and contributing to an enhanced quality of life.
The Bosque Farms unemployment rate of 2.2% has continued to decrease over the years and is now well below the national average. The result could lead to reduced poverty and inequality in the area, higher wages and increased economic growth. This is a positive sign in the overall health of the 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.
There are many factors that go into deciding if an area is the right fit for your lifestyle. Certain “must haves” like low crime, great schools and nearby amenities are all at the top of most people's lists. But before even considering if those options are attainable, we'll need to know if the real estate in Bosque Farms is actually affordable. Median real estate prices in Bosque Farms come in at $407,953, which is 43.9% 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 4.7, which is 11.9% 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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