Santa Teresa, New Mexico
Moving to or Living in Santa Teresa Pros and Cons, Cost of Living, Crime Rate, Demographics
Living In Santa Teresa, New Mexico
Moving to Santa Teresa In New Mexico ? Find out the best and worst about to live, raise a family or retire in Santa Teresa, the Pros and Cons of Living in Santa Teresa.
Explore the life in Santa Teresa based on crime, public schools, cost of living, real estate, housing, properties, job opportunities, and local amenities data and Statistics.
About Santa Teresa, New Mexico
Is Santa Teresa, New Mexico a good place to live?
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.
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.
Population
6553
Unemployment
2.7%
Poverty
32.8%
Overall Score
6
Median Home
$185400
19%
NAT AVG.
Median Income
$51726
23%
NAT AVG.
Median Rent
$867
25%
NAT AVG.
Cost Of Living
93
7%
NAT AVG.
People Living BPL
1 in 3
Unemployed People
1 in 37
People Earning < $10,000
1 in 14
People Earning < $50,000
43.2%
People with <= High School
1 in 4.2
People With Any Degree
1 in 1.8
Pros & Cons Overview
Jobs80%
Housing80%
Affordability60%
Safety60%
Amenities60%
Diversity70%
Education85%
Commute80%
Cost of Living
| Expense | Santa Teresa | New Mexico | National Avg. |
|---|---|---|---|
| Services | 99 | 92 | 100 |
| Groceries | 107 | 94 | 100 |
| Health | 96 | 98 | 100 |
| Housing | 84 | 87 | 100 |
| Transportation | 99 | 88 | 100 |
| Utilities | 89 | 91 | 100 |
Cost of Living
Gender
| Gender | Santa Teresa | New Mexico | Country |
|---|---|---|---|
| Female | 48.9% | 50.5% | 50.8% |
| Male | 51.1% | 49.5% | 49.2% |
Gender
Household Income
| Income | Santa Teresa | New Mexico | Country |
|---|---|---|---|
| Less than $10,000 | 7.4% | 8.4% | 5.8% |
| $10,000 to $14,999 | 1.9% | 5.7% | 4.1% |
| $15,000 to $24,999 | 9.8% | 11.2% | 8.5% |
| $25,000 to $34,999 | 10.3% | 10.3% | 8.6% |
| $35,000 to $49,999 | 13.8% | 13.2% | 12.0% |
| $50,000 to $74,999 | 28% | 17.8% | 17.2% |
| $75,000 to $99,999 | 4.7% | 11.7% | 12.8% |
| $100,000 to $149,999 | 15.6% | 12.8% | 15.6% |
| $150,000 to $199,999 | 6.4% | 4.7% | 7.1% |
| $200,000 or more | 2.1% | 4.1% | 8.3% |
Education
| Education | Santa Teresa | New Mexico | Country |
|---|---|---|---|
| < 9th Grade | 3% | 5% | 5.0% |
| 9-12th Grade | 6% | 8% | 7.0% |
| High School or GED | 15% | 26% | 27.0% |
| Other College | 21% | 23% | 20.0% |
| Associate's Degree | 12% | 9% | 9% |
| Bachelor's Degree | 25% | 16% | 20.0% |
| Master's Degree | 17% | 9% | 9.0% |
| Professional Degree | 0% | 2% | 2.0% |
| Doctorate Degree | 1% | 2% | 1.0% |
Household Income
Education
Race / Ethnicity
| Ethnicity | Santa Teresa | New Mexico | Country |
|---|---|---|---|
| White | 17.3% | 36.7% | 60.1% |
| African American | 0.4% | 1.8% | 12.2% |
| American Indian | 0% | 8.6% | 0.6% |
| Asian | 0% | 1.5% | 5.6% |
| Hawaiian | 0% | 0.1% | 0.2% |
| Other | 0% | 0.3% | 0.3% |
| Multiracial | 0% | 1.9% | 2.8% |
| Hispanic | 82.4% | 49.2% | 18.2% |