Maxwell, NM Demographics

The total population of Maxwell is estimated to be 482 with 247 males (51.24%) and 235 females (48.76%). There are 12 less females than males in Maxwell.
The median household income in Maxwell was $41,885 in 2021, which marked an a decrease of 6,144(12.79%) from $48,029 in 2020. This income is 56.14% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Maxwell sees its highest median household income among householders in the age group of 25 to 44 years old, at $82,420. Overall, the median household income for the village of Maxwell stands at $41,885.
In Maxwell, the median income for all workers aged 15 years and older, regardless of work hours, was $31,211 for males and $31,977 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $39,103 for males and $41,026 for females.
In Maxwell, there are just two different racial groups among households. Among these, White households report a median household income of $47,290, while Two or More Races households have a median household income of $37,253.
In 2022, the population of Maxwell was 220, a 0.90% decrease year-by-year from 2021. Previously, in 2021, Maxwell's population was 222, an increase of 0.45% compared to a population of 221 in 2020.
The median age in Maxwell, NM is 17.0, as per 2021 ACS 5-Year Estimates. Of the total population, 38.46% were under the age of 15, 23.08% aged 15 to 29, 33.00% aged 30 to 64, 4.96% aged 65 to 84, and 0.50% were 85 years of age and older.
Racial distribution of Maxwell population: 90.32% are White, 0.50% are some other race and 9.18% are multiracial.