Bayard is located in southwest New Mexico. Bayard is part of Grant County. Bayard has 0.95 square miles of land area and has no water area. As of 2010-2014, the total Bayard population is 2,640, which has grown 4.18% since 2000. The population growth rate is much lower than the state average rate of 14.35% and is much lower than the national average rate of 11.61%. Bayard median household income is $31,432 in 2010-2014 and has grown by 43.15% since 2000. The income growth rate is higher than the state average rate of 31.74% and is much higher than the national average rate of 27.36%. Bayard median house value is $84,100 in 2010-2014 and has grown by 33.07% since 2000. The house value growth rate is lower than the state average rate of 47.36% and is lower than the national average rate of 46.91%. As a reference, the national Consumer Price Index (CPI) inflation rate for the same period is 26.63%. On average, the public school district that covers Bayard is close to the state average in quality. The Bayard area code is 575.