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

Is Clayton, New Mexico a good place to live?
Clayton is a city in New Mexico state in USA with a population of 3184 residents.. The poverty rate of Clayton is 25.1%, which is 79% higher than national average. The typical household in Clayton earns $29948 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 11 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 68.5% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Clayton, only 79% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Clayton remained 3.4%, which is 28% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Clayton, only 10% of adults have a bachelor's degree and 21% have some college but no degree.

Cost of living in Clayton is 0, which is 100% lower than national average. Median home value in Clayton is $77500 , which is 66% lower than national average. While median income in Clayton remained $29948, which is 56% lower than national average.
Population
3184
Unemployment
3.4%
28% NAT AVG.
Poverty
25.1%
79% NAT AVG.
Overall Score
5
Median Home Cost
$77500
66% NAT AVG.
Median Income
$29948
56% NAT AVG.
Median Rent
$556
52% NAT AVG.
People Living BPL
1 in 4
Unemployed People
1 in 29
People Earning < $10,000
1 in 11
People Earning < $50,000
68.5%
People with <= High School
1 in 1.4
People With Any Degree
1 in 6.7
Pros & Cons Overview

Jobs60%

Housing30%

Affordability70%

Safety85%

Amenities50%

Diversity90%

Education40%

Commute95%