- 1 What is bad about New Mexico?
- 2 Why is New Mexico a bad state?
- 3 What is considered New Mexico’s number one problem?
- 4 Is New Mexico a poor state?
- 5 Where in New Mexico should you not live?
- 6 How much money do you need to live comfortably in New Mexico?
- 7 Is New Mexico safe to live?
- 8 What is the nickname for New Mexico?
- 9 Is New Mexico a rich state?
- 10 Which is the wealthiest of Mexico 32 states?
- 11 Is it expensive to live in New Mexico?
- 12 What is considered low income in New Mexico?
- 13 Is New Mexico a good retirement state?
What is bad about New Mexico?
New Mexico performed poorly in several categories including the highest percentage of the population living in poverty, lowest income growth, the lowest population aged 25 and older with a high school diploma or higher, and had the highest crime rate.
Why is New Mexico a bad state?
The Land of Enchantment’s ranking is to due to its poor showing in a number of the metrics: it has the highest crime rates, third-highest poverty rates, lowest income growth and smallest population aged 25 and under who have achieved a high school diploma or further education, according to the analysis.
What is considered New Mexico’s number one problem?
The most intractable problem New Mexico faces is poverty. From low birth-weight babies to violent crime, poverty is either a cause, an effect or a complicating factor in the state’s many dysfunctions.
Is New Mexico a poor state?
New Mexico’s poverty rate in 2019 was 18.2 percent, a decline from 2018 when it was 19.5 percent, but still the third highest in the country. The poverty rate for New Mexicans 65 years and over was 13.5 percent, the highest in the country and 4.1 percentage points higher than the national average of 9.4 percent.
Where in New Mexico should you not live?
Based on these factors, here are the 20 worst places to live in New Mexico.
- Rio Rancho. Just making the list of the worst places to live in New Mexico is Rio Rancho, which is also the 20th most dangerous place to live in the state.
- Truth or Consequences.
- Las Cruces.
How much money do you need to live comfortably in New Mexico?
The income needed to live comfortably in New Mexico is $42,445. 50% of this is for necessities, 30% is for discretionary spending, and 20% is for savings. According to Living Wage, a single person with no children can live off of $13.97 per hour in Mexico, or $26,880 a year.
Is New Mexico safe to live?
Unfortunately, New Mexico is not one of the safest states in the nation, recording the highest rate of property crime and 2nd highest rate of violent crime. Yet, despite the city’s high level of property crime, Portales achieved a decent 2.01 per 1,000 violent crime rate that is a third of New Mexico’s state average.
What is the nickname for New Mexico?
New Mexico can boast ones of the lowest prices for homes as their median price is 5% cheaper than the national one – it is only $187,000. Rental prices in the state are also rather affordable. The most expensive city to live in New Mexico is Santa Fe. The rental prices in Albuquerque are even lower – $841 and $735.
Is New Mexico a rich state?
The typical New Mexico household earns $47,169 a year which is $36,073 less than the typical household in Maryland, the richest state in the country.
Which is the wealthiest of Mexico 32 states?
The 10 Richest States in Mexico
- Nuevo Leon – $37,105.
- Baja California Sur – $32,418.
- Coahuila – $31,665.
- Queretaro – $29,229.
- Sonora – $28,495.
- Aguascalientes – $27,126.
- Quintana Roo – $23,996.
- Baja California – $23,740.
Is it expensive to live in New Mexico?
Low Cost of Living New Mexico is renowned for its low cost of living, about 3.1% lower than the national average. The average home in New Mexico costs roughly $151,000.
What is considered low income in New Mexico?
Statewide, approximately 47% of households are considered low income, earning less than 80% of Area Median Income (AMI) annually, and more than 29% are very low income, earning less than 50% of AMI annually.
Is New Mexico a good retirement state?
Living in New Mexico has an impressive list of advantages that have made it extremely popular among retirees across the country. The state is ideal for those looking to enjoy their retirement years in a gorgeous, serene setting.