Everything You Need to Know About the City of Roswell New Mexico

In 2017, Roswell, New Mexico had a population of 48.2k people with a median age of 34.3 and a median household income of $42,417 dollars. Between 2016 and 2017 the population of Roswell, NM declined from 48,407 to 48,163, a -0.504 percent decrease, and its median household income grew from $41,465 dollars to $42,417 dollars, a 2.3 percent increase.

The population of Roswell, NM is 56.8 percent Hispanic or Latino, 38.2 percent White Alone, and 1.87 percent Black or African American Alone. N/A% of the people in Roswell, NM speak a non-English language, and 92.8 percent are U.S. citizens.

The largest universities in Roswell, NM are Eastern New Mexico University-Roswell Campus (824 degrees awarded in 2017) and New Mexico Military Institute (117 degrees).

The median property value in Roswell, NM is $103,000 dollars, and the homeownership rate is 64.7 percent. Most people in Roswell, NM commute by Drove Alone, and the average commute time is 18.4 minutes. The average car ownership in Roswell, NM is 2 cars per household.

 

Education in Roswell

In 2017, universities in Roswell, NM awarded 941 degrees. The student population of Roswell, NM is skewed towards men, with 1,566 male students and 1,537 female students.

Most students graduating from Universities in Roswell, NM are Hispanic or Latino (482 and 52.2 percent), followed by White (295 and 32 percent), American Indian or Alaska Native (42 and 4.55 percent), and Unknown (38 and 4.12 percent).

The largest universities in Roswell, NM by the number of degrees awarded are Eastern New Mexico University-Roswell Campus (824 and 87.6 percent) and New Mexico Military Institute (117 and 12.4 percent).

The most popular majors in Roswell, NM are Liberal Arts & Sciences (117 and 12.4 percent), Emergency Medical Technician (EMT Paramedic) (115 and 12.2 percent), and Automobile Mechanics Technology (103 and 10.9 percent).

The median tuition costs in Roswell, NM is $N/A for private four-year colleges, and $N/A and $N/A respectively, for public four-year colleges for in-state students and out-of-state students.

 

Economy in Roswell

The economy of Roswell, NM employs 19.6k people and Roswell has an unemployment rate of 5.0 percent. Roswell has seen the job market increase by 0.7 percent over the last year. Future job growth over the next ten years is predicted to be 21.2 percent, which is lower than the US average of 33.5 percent. The largest industries in Roswell, NM are Health Care & Social Assistance (2,880 people), Educational Services (2,305 people), and Retail Trade (2,522 people), and the highest paying industries are Mining, Quarrying, & Oil & Gas Extraction ($51,505 dollars), Agriculture, Forestry, Fishing & Hunting, & Mining ($45,500 dollars), and Utilities ($43,833 dollars).

Households in Roswell, NM have a median annual income of $42,417 dollars, which is less than the median annual income of $61,937 dollars across the entire United States. This is in comparison to a median income of $41,465 dollars in 2016, which represents a 2.3 percent annual growth.

 

Tax Rates for Roswell

– The Sales Tax Rate for Roswell is 7.8 percent.

– The Income Tax Rate for Roswell is 4.9 percent.

– Tax Rates can have a big impact when Comparing the Cost of Living.

 

Income and Salaries for Roswell

– The average earnings of a Roswell resident is $20,104 dollars a year.

– The Median household earnings of a Roswell resident is $38,919 dollars a year.