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

Is Ruidoso Downs, New Mexico a good place to live?
Ruidoso Downs is a city in New Mexico state in USA with a population of 2573 residents.. The poverty rate of Ruidoso Downs is 19%, which is 36% higher than national average. The typical household in Ruidoso Downs earns $28646 a year, compared to the national median of $67,500. Nearly 67.3% 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 Ruidoso Downs, only 83% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Ruidoso Downs remained 5.3%, which is 13% 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 Ruidoso Downs, only 7% of adults have a bachelor's degree and 38% have some college but no degree.

Cost of living in Ruidoso Downs is 0, which is 100% lower than national average. Median home value in Ruidoso Downs is $130900 , which is 43% lower than national average. While median income in Ruidoso Downs remained $28646, which is 58% lower than national average.
Population
2573
Unemployment
5.3%
13% NAT AVG.
Poverty
19%
36% NAT AVG.
Overall Score
3
Median Home Cost
$130900
43% NAT AVG.
Median Income
$28646
58% NAT AVG.
Median Rent
$522
55% NAT AVG.
People Living BPL
1 in 5
Unemployed People
1 in 19
People Earning < $10,000
1 in 15
People Earning < $50,000
67.3%
People with <= High School
1 in 1.8
People With Any Degree
1 in 7.1
Pros & Cons Overview

Jobs50%

Housing50%

Affordability50%

Safety30%

Amenities60%

Diversity85%

Education40%

Commute100%