Thoreau is a city in New Mexico state in USA with a population of 1641 residents.. The poverty rate of Thoreau is 61.1%, which is 336% higher than national average. The typical household in Thoreau earns $19792 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 2 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 4 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 78.6% of households earn less than $50,000 a year compared to 39% national rate. With a lack of available jobs, many in Thoreau are struggling financially. Nearly one in every 1 in every 5 workers in Thoreau 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 Thoreau, only 73% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Thoreau remained 19.2%, which is 309% higher than national rate. Nearly 4 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 Thoreau, only 4% of adults have a bachelor's degree and 36% have some college but no degree.

Cost of living in Thoreau is 0, which is 100% lower than national average. Median home value in Thoreau is $57700 , which is 75% lower than national average. While median income in Thoreau remained $19792, which is 71% lower than national average.