Pros and Cons of Living In Taos, New Mexico. Is Taos, NM a Nice Place To Live or Retire?

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Taos, New Mexico

Moving to Taos In New Mexico ? Is Taos, NM a Nice Place To Live? Pros and Cons of Living in Taos, New Mexico. Find out the best and worst about to live, raise a family or retire in Taos.

DEMOGRAPHICS

Population
5950
Unemployment
7.8%
66% NAT AVG.
Poverty
22.4%
60% NAT AVG.
Cost Of Living
100
0% NAT AVG.

ECONOMICS

Median Home Cost
$284100
24% NAT AVG.
Median Income
$30709
55% NAT AVG.
Median Rent
$775
33% NAT AVG.
Overall Score
4

CRIME REPORT

Total Crime
320
131% NAT. AVG.
49% STATE AVG.
Violent Crime
31
35% NAT. AVG.
33% STATE AVG.
Property Crime
289
149% NAT. AVG.
72% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 4
Unemployed People
1 in 13
People Earning < $10,000
1 in 7
People Earning < $50,000
62.7%
People With Any Degree
1 in 2.3

ETHNICITY

Ethnicity Taos USA
White 46.3% 60.1%
African American 0.2% 12.2%
American Indian 3.7% 0.6%
Asian 0.4% 5.6%
Hawaiian 0% 0.2%
Multiracial 2.9% 2.8%
Hispanic 45.4% 18.2%
Other 1.1% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Taos USA
Less than $10,000 14.6% 5.8%
$10,000 to $14,999 9.7% 4.1%
$15,000 to $24,999 20.8% 8.5%
$25,000 to $34,999 7.6% 8.6%
$35,000 to $49,999 10% 12.0%
$50,000 to $74,999 11.3% 17.2%
$75,000 to $99,999 6.1% 12.8%
$100,000 to $149,999 12.3% 15.6%
$150,000 to $199,999 1.7% 7.1%

EDUCATION

Education Taos USA
< 9th Grade 6% 5.0%
9-12th Grade 5% 7.0%
High School or GED 18% 27.0%
Other College 27% 20.0%
Associate's Degree 8% 9%
Bachelor's Degree 18% 20.0%
Master's Degree 12% 9.0%
Professional Degree 4% 2.0%
Doctorate Degree 2% 1.0%
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. 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.

Cost of living in Taos is 100, which is 0% lower than national average. In Taos, only 36% of adults have a bachelor's degree and 35% have some college but no degree. 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.
Taos Scorecard

Jobs40%

Housing80%

Affordability30%

Safety30%

Amenities80%

Diversity90%

Education80%

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