Ruidoso is a somewhat small village located in the state of New Mexico. With a population of 7,796 people and four associated neighborhoods, Ruidoso is the 29th largest community in New Mexico.

Ruidoso real estate is some of the most expensive in New Mexico, although Ruidoso house values don't compare to the most expensive real estate in the U.S.

One interesting thing about the economy is that relatively large numbers of people worked from their home: 11.02% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

Another notable thing is that Ruidoso is a major vacation destination. Much of the village’s population is seasonal: many people own second homes and only live there part-time, during the vacation season. The effect on the local economy is that many of the businesses are dependent on tourist dollars, and may operate only during the high season. As the vacation season ends, Ruidoso’s population drops significantly, such that year-round residents will notice that the city is a much quieter place to live.

Residents will find that the village is relatively quiet. This is because it is not over-populated, and it has fewer college students, renters, and young children - all of whom can be noisy at times. So, if you're looking for a relatively peaceful place to live, Ruidoso is worth considering.

Residents of the village have the good fortune of having one of the shortest daily commutes compared to the rest of the country. On average, they spend only 16.73 minutes getting to work every day.

The education level of Ruidoso citizens is a little higher than the average for US cities and towns: 24.23% of adults in Ruidoso have at least a bachelor's degree.

The per capita income in Ruidoso in 2022 was $28,049, which is middle income relative to New Mexico, and lower middle income relative to the rest of the US. This equates to an annual income of $112,196 for a family of four. However, Ruidoso contains both very wealthy and poor people as well.

Ruidoso is an extremely ethnically-diverse village. The people who call Ruidoso home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Ruidoso residents report their race to be White, followed by Black or African-American. Ruidoso also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 31.00% of the village’s residents. Important ancestries of people in Ruidoso include Irish, German, English, European, and French.

The most common language spoken in Ruidoso is English. Other important languages spoken here include Spanish and Italian.