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

Is Las Vegas, New Mexico a good place to live?
Las Vegas is a city in New Mexico state in USA with a population of 13055 residents.. The poverty rate of Las Vegas is 32.1%, which is 129% higher than national average. The typical household in Las Vegas earns $30877 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 3 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 5 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 66.4% 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 Las Vegas, only 83% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Las Vegas remained 6.2%, which is 32% higher than national rate. Nearly 1 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 Las Vegas, only 26% of adults have a bachelor's degree and 29% have some college but no degree.

Cost of living in Las Vegas is 82, which is 18% lower than national average. Median home value in Las Vegas is $121700 , which is 47% lower than national average. While median income in Las Vegas remained $30877, which is 54% lower than national average.
Population
13055
Unemployment
6.2%
32% NAT AVG.
Poverty
32.1%
129% NAT AVG.
Overall Score
5
Median Home Cost
$121700
47% NAT AVG.
Median Income
$30877
54% NAT AVG.
Median Rent
$609
48% NAT AVG.
Cost Of Living
82
18% NAT AVG.
People Living BPL
1 in 3
Unemployed People
1 in 16
People Earning < $10,000
1 in 5
People Earning < $50,000
66.4%
People with <= High School
1 in 2.2
People With Any Degree
1 in 3
Pros & Cons Overview

Jobs40%

Housing50%

Affordability50%

Safety60%

Amenities85%

Diversity80%

Education60%

Commute100%