Is Valencia, New Mexico a Good Place To Live? - Living In Valencia, NM
Is Valencia, New Mexico a good place to live?
Valencia is a city in New Mexico state in USA with a population of 2018 residents..
The poverty rate of Valencia is 8.6%, which is 39% lower than national average.
The typical household in Valencia earns $65139 a year, compared to the national median of $67,500.
Nearly 41.7% 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 Valencia, only 88% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Valencia remained 7.4%, which is 57% 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 Valencia, only 25% of adults have a bachelor's degree and 33% have some college but no degree.
Cost of living in Valencia is 0, which is 100% lower than national average. Median home value in Valencia is $165200 , which is 28% lower than national average. While median income in Valencia remained $65139, which is 3% lower than national average.
A high school education is a basic prerequisite for most jobs, and in Valencia, only 88% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Valencia remained 7.4%, which is 57% 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 Valencia, only 25% of adults have a bachelor's degree and 33% have some college but no degree.
Cost of living in Valencia is 0, which is 100% lower than national average. Median home value in Valencia is $165200 , which is 28% lower than national average. While median income in Valencia remained $65139, which is 3% lower than national average.
Population
2018
Unemployment
7.4%
Poverty
8.6%
Overall Score
5
Median Home Cost
$165200
28%
NAT AVG.
Median Income
$65139
3%
NAT AVG.
Median Rent
$545
53%
NAT AVG.
People Living BPL
1 in 12
Unemployed People
1 in 14
People Earning < $10,000
1 in 63
People Earning < $50,000
41.7%
People with <= High School
1 in 2.4
People With Any Degree
1 in 2.9
Pros & Cons Overview
Jobs70%
Housing50%
Affordability90%
Safety60%
Amenities60%
Diversity85%
Education70%
Commute60%
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