Santa Teresa is a city in New Mexico state in USA with a population of 6553 residents.. The poverty rate of Santa Teresa is 32.8%, which is 134% higher than national average. The typical household in Santa Teresa earns $51726 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 14 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 43.2% 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 Santa Teresa, only 91% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Santa Teresa remained 2.7%, which is 43% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Santa Teresa, only 43% of adults have a bachelor's degree and 33% have some college but no degree.

Cost of living in Santa Teresa is 93, which is 7% lower than national average. Median home value in Santa Teresa is $185400 , which is 19% lower than national average. While median income in Santa Teresa remained $51726, which is 23% lower than national average.