545 Road 350

Property details·Farmington, San Juan County, New Mexico·2069171195419

0.82Acres

Location

Address

545 Road 350

Farmington, NM 87401

San Juan County

Parcel ID

2069171195419

Coordinates

36.730890, -108.084167

Land & lot

Lot size
0.82 acres
Land area
35,632 sq ft
Subdivision
Homestead Subdivision
Land use code
1000

Tax & assessment

CategoryAmount
Tax value$221.24
Market value$30,000
Assessed value$10,000

Values reflect public tax roll data as of the year shown.

County context

San Juan County 2026 Insights

San Juan County, New Mexico: The Boom That Left a Hangover

In the early 2000s, San Juan County was flush. Natural gas from the San Juan Basin — one of the most prolific gas-producing regions in North America — poured money into Farmington, the county seat, and its surrounding communities. Workers earned solid wages, tax revenues funded public services, and the four-corners region felt insulated from national economic anxieties. What the data shows today tells a different story: a resource-dependent economy that has spent years absorbing the consequences of an energy sector in structural decline.

The most striking tension in San Juan County's numbers isn't the poverty rate — it's the gap between what housing costs and what residents can actually afford to pay rent. Homes here are genuinely cheap by any national measure, but renters are still getting squeezed.

Key Statistics

StatValueContext
Median Home Value$185,10042% below national median of $320,000
Rent Burden Rate40.3%Well above the 30% threshold considered sustainable
Poverty Rate23.2%Nearly double the national average
Labor Force Participation53.1%Alarmingly low — reflects structural joblessness post-energy decline

The Renter Paradox

Here's what makes San Juan County unusual: homeownership sits at a respectable 70.2%, well above the national norm, yet nearly one in five renters is severely rent-burdened — spending more than half their income on housing. When you factor in a median household income roughly $22,000 below the national benchmark, even a $917 monthly rent becomes a crushing obligation. The county's affordable-seeming housing stock isn't actually affordable for its lowest-income residents. This is the quiet affordability crisis that rural America rarely gets credit for.

Education, Employment, and the Energy Hangover

Only 9.9% of residents hold a bachelor's degree — less than half the national rate — and a full 13.6% haven't completed high school. This isn't a story of individual failure; it reflects decades of an economy that rewarded physical labor in extraction industries over credentialed professional work. When coal plants like the Four Corners Power Plant began curtailing operations and natural gas prices softened, those jobs didn't transition smoothly into something else. The 7.8% unemployment rate and a labor force participation rate of just 53.1% suggest that many residents have simply stopped looking.

Child poverty at 30.2% is the number that should command the most attention. Nearly a third of children in San Juan County are growing up in poverty — a generational echo of economic disruption that will shape outcomes for decades.

Infrastructure Gaps in Sparse Territory

With a population density of just 22 people per square mile, connectivity challenges are real. Over 22% of households have no internet access at all — a significant barrier in an economy where remote work and digital literacy increasingly determine economic mobility. The 5.6% work-from-home rate suggests some residents are capitalizing on lower costs here, but broadband gaps limit how far that trend can spread.


FAQs

What makes San Juan County, New Mexico unique? San Juan County sits atop the San Juan Basin, one of the most historically significant natural gas fields in the United States. That energy legacy shapes virtually everything about the county's economy — its workforce composition, its boom-bust cycles, and the structural challenges it faces as fossil fuel demand shifts.

Is San Juan County, New Mexico affordable to live in? On paper, yes — a $185,100 median home value looks like a bargain compared to national norms. In practice, affordability depends heavily on employment. With poverty rates above 23% and a labor force participation rate below 54%, a significant share of the population struggles to meet even modest housing costs, particularly renters.

Why is the poverty rate so high in San Juan County despite relatively low home prices? Low home prices reflect a weak local economy, not a hidden gem market. Declining energy sector employment, limited educational infrastructure, and geographic isolation from major job markets have combined to suppress incomes while leaving the cost of daily living — food, healthcare, transportation — largely unchanged. The SNAP participation rate of 22.6% underscores how many households depend on federal support to bridge that gap.

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