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

Is University Park, New Mexico a good place to live?
University Park is a city in New Mexico state in USA with a population of 2945 residents.. The poverty rate of University Park is 68.8%, which is 391% higher than national average. The typical household in University Park earns $15396 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 1 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 4 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 92.9% of households earn less than $50,000 a year compared to 39% national rate. With a lack of available jobs, many in University Park are struggling financially. Nearly one in every 1 in every 3 workers in University Park is unemployed. The high jobless rate has likely contributed to the widespread poverty in the city.

A high school education is a basic prerequisite for most jobs, and in University Park, only 100% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of University Park remained 30.1%, which is 540% higher than national rate. Nearly 6 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 University Park, only 31% of adults have a bachelor's degree and 69% have some college but no degree.

Cost of living in University Park is 0, which is 100% lower than national average. Median home value in University Park is $0 , which is 100% lower than national average. While median income in University Park remained $15396, which is 77% lower than national average.
Population
2945
Unemployment
30.1%
540% NAT AVG.
Poverty
68.8%
391% NAT AVG.
Overall Score
5
Median Home Cost
$0
100% NAT AVG.
Median Income
$15396
77% NAT AVG.
Median Rent
$699
40% NAT AVG.
People Living BPL
1 in 1
Unemployed People
1 in 3
People Earning < $10,000
1 in 4
People Earning < $50,000
92.9%
People with <= High School
1 in INF
People With Any Degree
1 in 1.7
Pros & Cons Overview

Jobs10%

Housing10%

Affordability10%

Safety80%

Amenities80%

Diversity90%

Education90%

Commute100%