Is Lamar, Colorado a Good Place To Live? - Living In Lamar, CO

Is Lamar, Colorado a good place to live?
Lamar is a city in Colorado state in USA with a population of 7598 residents.. The poverty rate of Lamar is 18.3%, which is 31% higher than national average. The typical household in Lamar earns $41124 a year, compared to the national median of $67,500. Nearly 62.3% 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 Lamar, only 80% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Lamar remained 6.4%, which is 36% higher than national rate. Nearly 1 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 Lamar, only 21% of adults have a bachelor's degree and 34% have some college but no degree.

Cost of living in Lamar is 83, which is 17% lower than national average. Median home value in Lamar is $105500 , which is 54% lower than national average. While median income in Lamar remained $41124, which is 39% lower than national average.
Population
7598
Unemployment
6.4%
36% NAT AVG.
Poverty
18.3%
31% NAT AVG.
Overall Score
6
Median Home Cost
$105500
54% NAT AVG.
Median Income
$41124
39% NAT AVG.
Median Rent
$746
36% NAT AVG.
Cost Of Living
83
17% NAT AVG.
People Living BPL
1 in 5
Unemployed People
1 in 16
People Earning < $10,000
1 in 10
People Earning < $50,000
62.3%
People with <= High School
1 in 2.2
People With Any Degree
1 in 3.4
Pros & Cons Overview

Jobs50%

Housing50%

Affordability70%

Safety85%

Amenities85%

Diversity85%

Education50%

Commute95%