Placitas is a somewhat small town located in the state of New Mexico. With a population of 5,041 people and two associated neighborhoods, Placitas is the 44th largest community in New Mexico. Much of the housing stock in Placitas was built relatively recently. The construction of new real estate can often be taken as an indication that the local Placitas economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Placitas, where the median household income is $109,750.00.

Placitas home prices are not only among the most expensive in New Mexico, but Placitas real estate also consistently ranks among the most expensive in America.

Also of interest is that Placitas has more people living here who work in computers and math than 95% of the places in the US.

Of important note, Placitas is also a town of artists. Placitas has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Placitas’s character.

One interesting thing about the economy is that relatively large numbers of people worked from their home: 37.70% 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.

Residents will find that the town 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, Placitas is worth considering.

One downside of living in Placitas is that it can take a long time to commute to work. In Placitas, the average commute to work is 32.64 minutes, which is quite a bit higher than the national average.

Do you like to read, write and learn? If you move to Placitas, you'll likely find that many of your neighbors like to as well. Placitas is one of the more educated communities in America, with a full 65.53% of its adults having a college degree or even advanced degree, compared to a national average across all communities of 21.84%.

The per capita income in Placitas in 2022 was $71,431, which is wealthy relative to New Mexico and the nation. This equates to an annual income of $285,724 for a family of four. However, Placitas contains both very wealthy and poor people as well.

Placitas is a very ethnically-diverse town. The people who call Placitas home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Placitas residents report their race to be White, followed by Native American. Placitas also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 14.28% of the town’s residents. Important ancestries of people in Placitas include English, German, Irish, European, and Italian.

The most common language spoken in Placitas is English. Other important languages spoken here include Spanish and Polish.