Algodones is a census-designated place (CDP) in Sandoval County, New Mexico. It is part of the Albuquerque Metropolitan Statistical Area, and its population at the 2000 census was 688. The CDP has a total area of 7.3 square miles, of which, 7.2 square miles of it is land and 0.1 square miles of it (1.37%) is water.
The economy is based on local businesses, professional services, sales and service, and production, construction and transport of materials.
The majority of the population are of Hispanic origin.