Is Belen, New Mexico a Good Place To Live? - Living In Belen, NM

Is Belen, New Mexico a good place to live?
Belen is a city in New Mexico state in USA with a population of 7476 residents.. The poverty rate of Belen is 23.3%, which is 66% higher than national average. The typical household in Belen earns $35448 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 4 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 8 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 60.3% of households earn less than $50,000 a year compared to 39% national rate. With a lack of available jobs, many in Belen are struggling financially. Nearly one in every 1 in every 10 workers in Belen is unemployed. The high jobless rate has likely contributed to the widespread poverty in the city.

A high school education is a basic prerequisite for most jobs, and in Belen, only 83% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Belen remained 10.4%, which is 121% higher than national rate. Nearly 2 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Belen, only 21% of adults have a bachelor's degree and 28% have some college but no degree.

Cost of living in Belen is 86, which is 14% lower than national average. Median home value in Belen is $105200 , which is 54% lower than national average. While median income in Belen remained $35448, which is 47% lower than national average.
Population
7476
Unemployment
10.4%
121% NAT AVG.
Poverty
23.3%
66% NAT AVG.
Overall Score
5
Median Home Cost
$105200
54% NAT AVG.
Median Income
$35448
47% NAT AVG.
Median Rent
$771
34% NAT AVG.
Cost Of Living
86
14% NAT AVG.
People Living BPL
1 in 4
Unemployed People
1 in 10
People Earning < $10,000
1 in 8
People Earning < $50,000
60.3%
People with <= High School
1 in 2
People With Any Degree
1 in 3.4
Pros & Cons Overview

Jobs30%

Housing50%

Affordability60%

Safety70%

Amenities70%

Diversity80%

Education60%

Commute80%