Red River, NM Economy


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Red River, NM is a small mountain town located in the scenic Sangre de Cristo Mountains. Known for its skiing and snowboarding, Red River is a popular destination for winter sports enthusiasts. The town offers affordable living with 2 bedroom rent averaging $940, which is significantly cheaper than the national average of $1,430. Additionally, the Grocery Cost Index in Red River is 102 versus 100 in the US making it a great place to live for those looking to save money on basic necessities. Locally, Red River has several small businesses from ski rental shops like Red River Ski & Summer Area and Snow Country Rentals to restaurants like The Firebrand Grill and Twisters Year-Round. Visitors and locals alike can also take advantage of the area’s natural beauty by exploring some of the many hiking trails or visiting Questa’s Wild Rivers Recreation Area.

Income by Population Percent

  EconomyRed River, New MexicoUnited States
  10.56
  -7.8%-6.2%
  30.2%33.5%
  8.6%6.2%
  4.9%4.6%
  $31,732$37,638
Household Income 69021
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