Meadow Lake, New Mexico
Moving to or Living in Meadow Lake Pros and Cons, Cost of Living, Crime Rate, Demographics
Living In Meadow Lake, New Mexico
Moving to Meadow Lake In New Mexico ? Find out the best and worst about to live, raise a family or retire in Meadow Lake, the Pros and Cons of Living in Meadow Lake.
Explore the life in Meadow Lake based on crime, public schools, cost of living, real estate, housing, properties, job opportunities, and local amenities data and Statistics.
About Meadow Lake, New Mexico
Is Meadow Lake, New Mexico a good place to live?
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.
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.
Population
3832
Unemployment
12.3%
Poverty
29.7%
Overall Score
3
Median Home
$73900
68%
NAT AVG.
Median Income
$30532
55%
NAT AVG.
Median Rent
$703
39%
NAT AVG.
People Living BPL
1 in 3
Unemployed People
1 in 8
People Earning < $10,000
1 in 8
People Earning < $50,000
68.6%
People with <= High School
1 in 1.6
People With Any Degree
1 in 6.3
Pros & Cons Overview
Jobs30%
Housing40%
Affordability60%
Safety60%
Amenities60%
Diversity80%
Education30%
Commute40%
Gender
| Gender | Meadow Lake | New Mexico | Country |
|---|---|---|---|
| Female | 51.8% | 50.5% | 50.8% |
| Male | 48.2% | 49.5% | 49.2% |
Gender
Household Income
| Income | Meadow Lake | New Mexico | Country |
|---|---|---|---|
| Less than $10,000 | 12.5% | 8.4% | 5.8% |
| $10,000 to $14,999 | 6.3% | 5.7% | 4.1% |
| $15,000 to $24,999 | 24.3% | 11.2% | 8.5% |
| $25,000 to $34,999 | 14% | 10.3% | 8.6% |
| $35,000 to $49,999 | 11.5% | 13.2% | 12.0% |
| $50,000 to $74,999 | 12.6% | 17.8% | 17.2% |
| $75,000 to $99,999 | 10.3% | 11.7% | 12.8% |
| $100,000 to $149,999 | 7.9% | 12.8% | 15.6% |
| $150,000 to $199,999 | 0.6% | 4.7% | 7.1% |
| $200,000 or more | 0% | 4.1% | 8.3% |
Education
| Education | Meadow Lake | New Mexico | Country |
|---|---|---|---|
| < 9th Grade | 14% | 5% | 5.0% |
| 9-12th Grade | 14% | 8% | 7.0% |
| High School or GED | 34% | 26% | 27.0% |
| Other College | 22% | 23% | 20.0% |
| Associate's Degree | 10% | 9% | 9% |
| Bachelor's Degree | 3% | 16% | 20.0% |
| Master's Degree | 3% | 9% | 9.0% |
| Professional Degree | 0% | 2% | 2.0% |
| Doctorate Degree | 0% | 2% | 1.0% |
Household Income
Education
Race / Ethnicity
| Ethnicity | Meadow Lake | New Mexico | Country |
|---|---|---|---|
| White | 19.8% | 36.7% | 60.1% |
| African American | 0% | 1.8% | 12.2% |
| American Indian | 0.6% | 8.6% | 0.6% |
| Asian | 0% | 1.5% | 5.6% |
| Hawaiian | 0% | 0.1% | 0.2% |
| Other | 0% | 0.3% | 0.3% |
| Multiracial | 2.3% | 1.9% | 2.8% |
| Hispanic | 77.3% | 49.2% | 18.2% |