Hatch is a city in New Mexico state in USA with a population of 1955 residents..
The poverty rate of Hatch is 42.6%, which is 204% higher than national average.
The typical household in Hatch earns $24167 a year, compared to the national median of $67,500.
Financial hardship is relatively common in the city as 1 in every 2 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 8 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 69.8% of households earn less than $50,000 a year compared to 39% national rate.
With a lack of available jobs, many in Hatch are struggling financially. Nearly one in every 1 in every 6 workers in Hatch is unemployed.
The unemployment rate of Hatch remained 17.1%, which is 264% higher than national rate. Nearly 4 times comparable to 4.7% national rate, according to the Census.
Cost of living in Hatch is 0, which is 100% lower than national average.
In Hatch, only 24% of adults have a bachelor's degree and 15% have some college but no degree.
Median home value in Hatch is $83100 , which is 64% lower than national average.
While median income in Hatch remained $24167, which is 64% lower than national average.