Bayard is a city in New Mexico state in USA with a population of 2442 residents.. The poverty rate of Bayard is 23.4%, which is 67% higher than national average. The typical household in Bayard earns $36892 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 17 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 56% 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 Bayard, only 84% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Bayard remained 5.3%, which is 13% 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 Bayard, only 18% of adults have a bachelor's degree and 33% have some college but no degree.

Cost of living in Bayard is 0, which is 100% lower than national average. Median home value in Bayard is $89100 , which is 61% lower than national average. While median income in Bayard remained $36892, which is 45% lower than national average.