Raton is a city in New Mexico state in USA with a population of 6020 residents.. The poverty rate of Raton is 26.6%, which is 90% higher than national average. The typical household in Raton earns $32440 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 9 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 68.9% 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 Raton, only 86% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Raton remained 2.1%, which is 55% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Raton, only 15% of adults have a bachelor's degree and 33% have some college but no degree.

Cost of living in Raton is 82, which is 18% lower than national average. Median home value in Raton is $91300 , which is 60% lower than national average. While median income in Raton remained $32440, which is 52% lower than national average.