Is Ranchos De Taos, New Mexico a Good Place To Live? - Living In Ranchos De Taos, NM

Is Ranchos De Taos, New Mexico a good place to live?
Ranchos De Taos is a city in New Mexico state in USA with a population of 2178 residents.. The poverty rate of Ranchos De Taos is 15.9%, which is 14% higher than national average. The typical household in Ranchos De Taos earns $42664 a year, compared to the national median of $67,500. Nearly 59.5% 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 Ranchos De Taos, only 92% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Ranchos De Taos remained 7.7%, which is 64% 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 Ranchos De Taos, only 27% of adults have a bachelor's degree and 30% have some college but no degree.

Cost of living in Ranchos De Taos is 0, which is 100% lower than national average. Median home value in Ranchos De Taos is $305500 , which is 33% higher than national average. While median income in Ranchos De Taos remained $42664, which is 37% lower than national average.
Population
2178
Unemployment
7.7%
64% NAT AVG.
Poverty
15.9%
14% NAT AVG.
Overall Score
6
Median Home Cost
$305500
33% NAT AVG.
Median Income
$42664
37% NAT AVG.
Median Rent
$526
55% NAT AVG.
People Living BPL
1 in 6
Unemployed People
1 in 13
People Earning < $10,000
1 in 23
People Earning < $50,000
59.5%
People with <= High School
1 in 2.3
People With Any Degree
1 in 2.9
Pros & Cons Overview

Jobs50%

Housing60%

Affordability70%

Safety50%

Amenities50%

Diversity80%

Education80%

Commute100%