The Town FilesPeak Place, New Mexico
Community in Santa Fe County · population 578 (2020 Census)
- Median home
- $13,800
- Household income
- $40,938
- Jan low / Jul high
- 18° / 86°
- Snow a year
- 24 in
- Tornadoes ≤10 mi since 1950
- 4
- Median age
- 28.6
Peak Place is a community of 578 people in Santa Fe County, New Mexico. The median home is worth $13,800, below the typical New Mexico town ($187,400). It ranks hipper than 93% of New Mexico towns, better for retirees than 85% of New Mexico towns, better for first-time buyers than 81% of New Mexico towns.
- #1 in 25 Small Towns in New Mexico With the Cheapest Homes
- #2 in The 25 Most Affordable Small Towns in New Mexico
- #4 in The 25 Best Quiet, Affordable Small Towns to Retire in New Mexico
- #5 in The 50 Most Affordable Small Towns in America
- #5 in The 50 Most Affordable Places in America
- #6 in 50 Small Towns in America With the Cheapest Homes
How Peak Place ranks
Percentile among New Mexico towns with at least 500 people on The Town Files lifestyle rankings. 50 is typical for the state; 90 means better than 90% of New Mexico towns.
Homes and cost of living
The median home in Peak Place is worth $13,800, below the typical New Mexico town ($187,400). Homes cost about 0.3 times the median household income of $40,938, which is more affordable than 100% of New Mexico towns. Median rent is $483 a month. 93.3% of households own their home.
| Housing | Peak Place | Typical New Mexico town |
|---|---|---|
| Median home value | $13,800 | $187,400 |
| Median rent | $483 | $916 |
| Median household income | $40,938 | $55,614 |
| Home value ÷ income | 0.3× | 3.2× |
| Homeownership | 93.3% | 80.1% |
| Median year built | 1992 | 1984 |
| Seasonal / vacation homes | 0.0% | — |
Who lives in Peak Place
| People | Peak Place | Typical New Mexico town |
|---|---|---|
| Median age | 28.6 | 39.9 |
| Age 65 and over | 5.2% | 19.1% |
| Under 18 | 40.0% | — |
| Bachelor's degree or higher | 17.8% | 18.7% |
| Below the poverty line | 32.6% | 18.0% |
| Veterans | 3.5% | — |
| Born outside the U.S. | 20.4% | — |
| Work from home | 3.8% | 8.3% |
| Average commute | 22.1 min | 24.4 min |
| Homes with broadband | 89.9% | 82.9% |
Weather in Peak Place
July highs average 85.8°F and January lows 17.9°F. About 12.8 inches of rain and melted snow fall a year, with 24.4 inches of snow (typical New Mexico town: 10.7 in). Expect about 24 days a year at 90°F or hotter and 169 nights at or below freezing.
Tornadoes, storms and disasters
4 tornadoes have passed within 10 miles of Peak Place since 1950, compared with 3 for the typical New Mexico town. The strongest, an F1, struck on April 15, 1971 about 10.0 miles from the town center. The most recent was on June 29, 1991.
Hail of 1 inch or larger has been reported within 10 miles 12 times; the largest was 1.50 inches on June 2, 2019.
Severe weather in Santa Fe County since 1996
Santa Fe County has been included in 10 federal disaster or emergency declarations since 1953, most often for fire, flood, hurricane.
| Declared | Incident | Declaration |
|---|---|---|
| April 5, 2020 | Biological | DR-4529: Covid-19 Pandemic |
| March 13, 2020 | Biological | EM-3460: Covid-19 |
| October 29, 2014 | Severe Storm | DR-4199: Severe Storms And Flooding |
| October 29, 2013 | Flood | DR-4152: Severe Storms, Flooding, And Mudslides |
| September 7, 2005 | Hurricane | EM-3229: Hurricane Katrina Evacuation |
Jobs and pay in Santa Fe County
Santa Fe County had 61,826 jobs in 2024, paying an average of $61,218 a year. Unemployment was 3.4% in 2023; in Peak Place itself the ACS puts it at 9.2%.
Towns near Peak Place
- Tesuque, NM3.2 mi · 1,094 people · home $849,300
- Tano Road, NM4.3 mi · 1,573 people · home $1,133,900
- Cuyamungue, NM6.3 mi · 534 people · home $364,100
- Nambe, NM7.5 mi · 1,907 people · home $301,500
- Pojoaque, NM8.2 mi · 2,071 people · home $165,600
- Las Campanas, NM8.3 mi · 1,460 people · home $1,545,800
- Santa Fe, NM9.2 mi · 87,505 people · home $444,900
- Tres Arroyos, NM9.4 mi · 2,123 people · home $678,500
Peak Place questions
Is Peak Place, New Mexico a good place to retire?
On The Town Files lifestyle rankings, Peak Place scores better for retirees than 85% of New Mexico towns and quieter than 78%. 5.2% of residents are 65 or older (median age 28.6).
How much does a house cost in Peak Place?
The median owner-occupied home in Peak Place is valued at $13,800 (Census ACS 2020–2024), against a median household income of $40,938, so homes cost about 0.3 times income. Median rent is $483 a month.
What is the weather like in Peak Place?
July highs average 85.8°F and January lows 17.9°F (NOAA 1991–2020 normals). It gets about 12.8 inches of precipitation a year and 24.4 inches of snow.
Does Peak Place get tornadoes?
4 tornadoes have passed within 10 miles of Peak Place since 1950 (NOAA Storm Events); the strongest was a F1 on April 15, 1971. The typical New Mexico town has had 3.
- U.S. Census Bureau, American Community Survey 5-year estimates (2020–2024)
- U.S. Census Bureau, 2020 Census and 2025 Gazetteer (2020 / 2025)
- NOAA NCEI U.S. Climate Normals (1991–2020)
- NOAA NCEI Storm Events Database (1950–2026)
- FEMA OpenFEMA Disaster Declarations (this product uses the FEMA OpenFEMA API but is not endorsed by FEMA) (1953–2026)
- NCES Common Core of Data (2023–24)
- BLS Quarterly Census of Employment and Wages; USDA ERS county unemployment (BLS LAUS) (2000–2024)
- The Town Files lifestyle rankings, built from federal demographic, school, crime and housing data (2025)