Cloudcroft, NM

Cloudcroft is a small town located in the high desert of northeastern New Mexico. The population is just over 1,000 people and the median age is just over 50 years old. Cloudcroft was founded in 1881 by a group of Mormon pioneers who were looking for a place to settle after leaving Utah. The town was originally named Brigham City but was renamed Cloudcroft in 1884 after the nearby peak, Cloudcroft Mountain.

The economy of Cloudcroft is based largely on tourism and agriculture. The town has several bed and breakfasts, restaurants, galleries, and shops that cater to tourists visiting the area. There are also several small businesses that provide services to residents of Cloudcroft and the surrounding area.

Real estate in Cloudcroft is primarily residential with a few commercial properties scattered throughout the town. The average price for residential property in Cloudcroft is around $200,000 per acre. Commercial property values are much higher due to the proximity of Las Vegas which provides an active market for commercial real estate.