Vado, New Mexico
Moving to or Living in Vado Pros and Cons, Cost of Living, Crime Rate, Demographics
Living In Vado, New Mexico
Moving to Vado In New Mexico ? Find out the best and worst about to live, raise a family or retire in Vado, the Pros and Cons of Living in Vado.
Explore the life in Vado based on crime, public schools, cost of living, real estate, housing, properties, job opportunities, and local amenities data and Statistics.
About Vado, New Mexico
Is Vado, New Mexico a good place to live?
Vado is a city in New Mexico state in USA with a population of 3099 residents..
The poverty rate of Vado is 47.9%, which is 242% higher than national average.
The typical household in Vado earns $32093 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 7 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 80.3% of households earn less than $50,000 a year compared to 39% national rate.
With a lack of available jobs, many in Vado are struggling financially. Nearly one in every 1 in every 7 workers in Vado 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 Vado, only 45% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Vado remained 13.4%, which is 185% 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 Vado, only 6% of adults have a bachelor's degree and 15% have some college but no degree.
Cost of living in Vado is 0, which is 100% lower than national average. Median home value in Vado is $108100 , which is 53% lower than national average. While median income in Vado remained $32093, which is 52% lower than national average.
A high school education is a basic prerequisite for most jobs, and in Vado, only 45% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Vado remained 13.4%, which is 185% 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 Vado, only 6% of adults have a bachelor's degree and 15% have some college but no degree.
Cost of living in Vado is 0, which is 100% lower than national average. Median home value in Vado is $108100 , which is 53% lower than national average. While median income in Vado remained $32093, which is 52% lower than national average.
Population
3099
Unemployment
13.4%
Poverty
47.9%
Overall Score
3
Median Home
$108100
53%
NAT AVG.
Median Income
$32093
52%
NAT AVG.
Median Rent
$506
56%
NAT AVG.
People Living BPL
1 in 2
Unemployed People
1 in 7
People Earning < $10,000
1 in 7
People Earning < $50,000
80.3%
People with <= High School
1 in 1.3
People With Any Degree
1 in 14.3
Pros & Cons Overview
Jobs30%
Housing40%
Affordability70%
Safety60%
Amenities60%
Diversity30%
Education20%
Commute85%
Gender
Gender | Vado | New Mexico | Country |
---|---|---|---|
Female | 43.3% | 50.5% | 50.8% |
Male | 56.7% | 49.5% | 49.2% |
Gender
Household Income
Income | Vado | New Mexico | Country |
---|---|---|---|
Less than $10,000 | 14.1% | 8.4% | 5.8% |
$10,000 to $14,999 | 14.7% | 5.7% | 4.1% |
$15,000 to $24,999 | 4.3% | 11.2% | 8.5% |
$25,000 to $34,999 | 19.5% | 10.3% | 8.6% |
$35,000 to $49,999 | 27.7% | 13.2% | 12.0% |
$50,000 to $74,999 | 6.5% | 17.8% | 17.2% |
$75,000 to $99,999 | 8.5% | 11.7% | 12.8% |
$100,000 to $149,999 | 4.8% | 12.8% | 15.6% |
$150,000 to $199,999 | 0% | 4.7% | 7.1% |
$200,000 or more | -0.099999999999994% | 4.1% | 8.3% |
Education
Education | Vado | New Mexico | Country |
---|---|---|---|
< 9th Grade | 37% | 5% | 5.0% |
9-12th Grade | 18% | 8% | 7.0% |
High School or GED | 24% | 26% | 27.0% |
Other College | 14% | 23% | 20.0% |
Associate's Degree | 1% | 9% | 9% |
Bachelor's Degree | 5% | 16% | 20.0% |
Master's Degree | 1% | 9% | 9.0% |
Professional Degree | 0% | 2% | 2.0% |
Doctorate Degree | 0% | 2% | 1.0% |
Household Income
Education
Race / Ethnicity
Ethnicity | Vado | New Mexico | Country |
---|---|---|---|
White | 0% | 36.7% | 60.1% |
African American | 0% | 1.8% | 12.2% |
American Indian | 1.4% | 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 | 98.6% | 49.2% | 18.2% |