Is Bloomfield, New Mexico a Good Place To Live? - Living In Bloomfield, NM

Is Bloomfield, New Mexico a good place to live?
Bloomfield is a city in New Mexico state in USA with a population of 7791 residents.. The poverty rate of Bloomfield is 18.5%, which is 32% higher than national average. The typical household in Bloomfield earns $50450 a year, compared to the national median of $67,500. Nearly 48.7% 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 Bloomfield, only 85% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Bloomfield remained 1.7%, which is 64% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Bloomfield, only 17% of adults have a bachelor's degree and 42% have some college but no degree.

Cost of living in Bloomfield is 86, which is 14% lower than national average. Median home value in Bloomfield is $147300 , which is 36% lower than national average. While median income in Bloomfield remained $50450, which is 25% lower than national average.
Population
7791
Unemployment
1.7%
64% NAT AVG.
Poverty
18.5%
32% NAT AVG.
Overall Score
6
Median Home Cost
$147300
36% NAT AVG.
Median Income
$50450
25% NAT AVG.
Median Rent
$730
37% NAT AVG.
Cost Of Living
86
14% NAT AVG.
People Living BPL
1 in 5
Unemployed People
1 in 59
People Earning < $10,000
1 in 8
People Earning < $50,000
48.7%
People with <= High School
1 in 2.4
People With Any Degree
1 in 3.3
Pros & Cons Overview

Jobs80%

Housing60%

Affordability80%

Safety50%

Amenities80%

Diversity100%

Education50%

Commute70%