Taos is a city in New Mexico state in USA with a population of 5950 residents.. The poverty rate of Taos is 22.4%, which is 60% higher than national average. The typical household in Taos earns $30709 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 7 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 62.7% 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 Taos, only 89% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Taos remained 7.8%, which is 66% 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 Taos, only 36% of adults have a bachelor's degree and 35% have some college but no degree.

Cost of living in Taos is 100, which is 0% lower than national average. Median home value in Taos is $284100 , which is 24% higher than national average. While median income in Taos remained $30709, which is 55% lower than national average.