La Luz is a city in New Mexico state in USA with a population of 1222 residents..
The poverty rate of La Luz is 20.2%, which is 44% higher than national average.
The typical household in La Luz earns $29559 a year, compared to the national median of $67,500.
Financial hardship is relatively common in the city as 1 in every 5 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 13 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 59.7% of households earn less than $50,000 a year compared to 39% national rate.
With a lack of available jobs, many in La Luz are struggling financially. Nearly one in every 1 in every 10 workers in La Luz is unemployed.
The unemployment rate of La Luz remained 10.2%, which is 117% higher than national rate. Nearly 2 times comparable to 4.7% national rate, according to the Census.
Cost of living in La Luz is 0, which is 100% lower than national average.
In La Luz, only 16% of adults have a bachelor's degree and 43% have some college but no degree.
Median home value in La Luz is $77500 , which is 66% lower than national average.
While median income in La Luz remained $29559, which is 56% lower than national average.