Ruidoso is a somewhat small village located in the state of New Mexico. With a population of 7,796 people and four associated neighborhoods, Ruidoso is the 29th largest community in New Mexico.
Ruidoso real estate is some of the most expensive in New Mexico, although Ruidoso house values don't compare to the most expensive real estate in the U.S.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 11.02% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Another notable thing is that Ruidoso is an extremely popular destination for tourists and seasonal residents. So much of the population is seasonal such that the village’s population swells significantly during the vacation season, and drops again when the season ends. Because of this, much of the local economy is centered around tourism; some businesses may be operated only during the high season. During the low season, year-round residents will notice that the city is a substantially quieter place to live.
Residents will find that the village is relatively quiet. This is because it is not over-populated, and it has fewer college students, renters, and young children - all of whom can be noisy at times. So, if you're looking for a relatively peaceful place to live, Ruidoso is worth considering.
Compared to the rest of the country, citizens of Ruidoso spend much less time in their cars: on average, their commute to work is only 16.73 minutes. This also means that noise and pollution levels in the village are less than they would otherwise be.
The education level of Ruidoso citizens is a little higher than the average for US cities and towns: 24.23% of adults in Ruidoso have at least a bachelor's degree.
The per capita income in Ruidoso in 2022 was $28,049, which is middle income relative to New Mexico, and lower middle income relative to the rest of the US. This equates to an annual income of $112,196 for a family of four. However, Ruidoso contains both very wealthy and poor people as well.
Ruidoso is an extremely ethnically-diverse village. The people who call Ruidoso home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Ruidoso residents report their race to be White, followed by Black or African-American. Ruidoso also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 31.00% of the village’s residents. Important ancestries of people in Ruidoso include Irish, German, English, European, and French.
The most common language spoken in Ruidoso is English. Other important languages spoken here include Spanish and Italian.