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

Is Chaparral, New Mexico a good place to live?
Chaparral is a city in New Mexico state in USA with a population of 13744 residents.. The poverty rate of Chaparral is 33.4%, which is 139% higher than national average. The typical household in Chaparral earns $31186 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 3 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 9 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 66.3% 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 Chaparral, only 64% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Chaparral remained 8.7%, which is 85% higher than national rate. Nearly 2 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 Chaparral, only 10% of adults have a bachelor's degree and 32% have some college but no degree.

Cost of living in Chaparral is 85, which is 15% lower than national average. Median home value in Chaparral is $83100 , which is 64% lower than national average. While median income in Chaparral remained $31186, which is 54% lower than national average.
Population
13744
Unemployment
8.7%
85% NAT AVG.
Poverty
33.4%
139% NAT AVG.
Overall Score
3
Median Home Cost
$83100
64% NAT AVG.
Median Income
$31186
54% NAT AVG.
Median Rent
$724
38% NAT AVG.
Cost Of Living
85
15% NAT AVG.
People Living BPL
1 in 3
Unemployed People
1 in 11
People Earning < $10,000
1 in 9
People Earning < $50,000
66.3%
People with <= High School
1 in 1.7
People With Any Degree
1 in 5.3
Pros & Cons Overview

Jobs40%

Housing40%

Affordability60%

Safety60%

Amenities60%

Diversity60%

Education30%

Commute30%