Quick Answer: Why Is New Mexico A Bad Place To Live?

Is New Mexico a bad place to live?

(The Center Square) – New Mexico ranked as the worst state to live in out of all 50 states in an analysis by the consumer finance website Wallethub. The analysis used 52 metrics of livability to determine states’ ranks for 2021. Out of 50, New Mexico also ranked 48th for its economy and a 47th for its education.

What are the negatives of living in New Mexico?

Disadvantages

  • Job opportunities. Historically, New Mexico hasn’t been the best place to find a well-paid job.
  • Low-quality education. New Mexico has the highest number of PhDs in 2000, but primary and secondary school education is not that great.
  • Bad roads and traffic.
  • Higher crime rate.

Why is New Mexico a bad state?

“New Mexico is one of the poorest states with 19.5 percent of the population living below the poverty line — the second highest poverty rate after only Mississippi. New Mexico’s annual unemployment rate of 4.9 percent is one of the highest in the country, and well above the 3.9 percent national rate.”

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Is New Mexico a dangerous state?

New Mexico had the highest rate of property crime among US states in 2016. New Mexico had the second highest rate for violent crime, following Alaska. Across the nation the property crime rate per 100,000 residents was 2,450.7 and the violent crime rate was 386.3.

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 it cheaper to live in Arizona or New Mexico?

What many retirees are finding is better deals, say experts: The median home in New Mexico costs just $151,900 and the cost of living is 3.1% lower than the national average. That makes much of the state far less expensive than Arizona’s most famous retirement havens.

What is the best area to live in New Mexico?

Best Places to Live in New Mexico The Definitive List

  • 1) Los Alamos.
  • 2) Albuquerque.
  • 3) Rio Rancho.
  • 4) Corrales.
  • 5) Farmington.
  • 6) Artesia.
  • 7) Sante Fe.
  • Wrapping Up Some of the Best Places to Live in New Mexico. New Mexico is a melting pot of both cultural and natural effervescence.

Does New Mexico have state income tax?

New Mexico is among the “tax-friendly” states of the U.S., offering numerous economic incentives and tax breaks on personal and corporate income. Its state income tax ranges from 1.7% to a maximum of 4.9%.

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Is living in New Mexico good?

A WalletHub study has compared the states on 52 indicators of livability and has determined that New Mexico ranks 50th as 2021’s best states to live in. The states were compared across five factors including affordability, economy, education and health, quality of life, and safety.

Does New Mexico have a high crime rate?

New Mexico has some of the highest crime rates in the US. Among all 50 states, New Mexico had the second-highest violent crime rate (behind Alaska) and the second-highest property crime rate (behind Louisiana).

Does New Mexico have water problems?

New Mexico relies on both groundwater and surface water sources, but about 87 percent of New Mexico’s public water supply comes from ground water. New Mexico also has long periods of drought and inconsistent precipitation, so relying on surface water can lead to shortages as well.

What is the most dangerous city in New Mexico?

Besides being the lowrider capital of the world, Española has earned a new title — most dangerous city in New Mexico, according to the most recent available crime statistics by the Federal Bureau of Investigation.

Why should I move to New Mexico?

New Mexico attracts new residents from all over the country thanks to the beautiful landscape and 310 days of sun each year. The state’s rich history, plentiful outdoor recreational activities and great quality of life are all reasons why people are choosing to move to Albuquerque, New Mexico.

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.

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