Meadow Lake is a city in New Mexico state in USA with a population of 3832 residents.. The poverty rate of Meadow Lake is 29.7%, which is 112% higher than national average. The typical household in Meadow Lake earns $30532 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 8 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 68.6% of households earn less than $50,000 a year compared to 39% national rate. With a lack of available jobs, many in Meadow Lake are struggling financially. Nearly one in every 1 in every 8 workers in Meadow Lake is unemployed. The high jobless rate has likely contributed to the widespread poverty in the city.

A high school education is a basic prerequisite for most jobs, and in Meadow Lake, only 72% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Meadow Lake remained 12.3%, which is 162% higher than national rate. Nearly 3 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 Meadow Lake, only 6% of adults have a bachelor's degree and 32% have some college but no degree.

Cost of living in Meadow Lake is 0, which is 100% lower than national average. Median home value in Meadow Lake is $73900 , which is 68% lower than national average. While median income in Meadow Lake remained $30532, which is 55% lower than national average.