Is New Mexico a good place to live?

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.

Is moving to New Mexico a good idea?

Compared to all other states, New Mexico ranks in the top half of both the most affordable states to live in and the state with the lowest average taxes paid per household. This makes it a state that isn't overpriced and is reasonable in order to experience some of the other great things on this list.

Is it safe to live in New Mexico?

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.

What are the negatives of living in New Mexico?

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.

7 Best Places To Live In New Mexico

What is wrong with 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 are houses so cheap in New Mexico?

Taxes. Excluding federal taxes and incorporating state and local taxes such as property and sales taxes, state and local taxes in New Mexico are lower than the average across the country as a whole.

Is New Mexico Friendly?

ALBUQUERQUE, N.M. —

A national study done by kindness.org and Verizon ranks New Mexico as the No. 2 kindest state in the country. The survey includes the top three acts of kindness ranked overall.

Why is nm so poor?

The list, according to Wallin, include economic inequality, high rates of working poor, high unemployment rates, lack of funding for early childhood education, and lack of funding for higher education. And those are just a few of the underlying issues, Wallin said.

Does New Mexico get snow?

Seasonal snowfall across New Mexico varies considerably, due largely to our unique topography. The lowest elevations are near 3,000 feet in the far southeast plains (around Jal), while the highest elevations tower above 13,000 feet (Wheeler Peak).

Where in New Mexico should you not live?

Is New Mexico poor?

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 national rate was 12.3 percent. As seen in Exhibit 1, Mississippi had the highest poverty rate of 19.6 percent in 2019, while New Hampshire, at 7.3 percent, had the lowest.

Are there tornadoes in New Mexico?

For the 30-year period ending in 2009, an average of 10 tornadoes occurred in New Mexico each year, and most were across the eastern plains. However, there has been considerable year-to-year variability. Most New Mexico tornadoes are relatively weak, and occurred in the afternoon and evening hours in the spring months.

Why you shouldn't move to Albuquerque?

New Mexico has the highest rate of property crime in the United States, driven in no small part by the situation in Albuquerque. This can be attributed to various socioeconomic factors in the city, including low education levels, a high unemployment rate, and higher levels of substance abuse in the population.

Is it cheaper to live in Texas or New Mexico?

Texas is 1.4% more expensive than New Mexico.

What is the biggest problem in New Mexico?

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.

Why are Californians moving to New Mexico?

Former Golden State residents blame high taxes, high living costs, and COVID-19 restrictions as their primary reasons for relocating in 2020. California's tax marginal rate is currently the highest in the nation, sitting at 13.3%, and tax hikes for seven-figure earners are on the horizon.

Is NM state safe?

In 2019, New Mexico State University - Main Campus reported 395 incidents related to crime and safety that involved students on campus. Based on a student body population of 14,296, that's 27.63 incidents per 1,000 students.

What's the percentage of blacks in New Mexico?

According to 2017 demographics estimates population of New Mexico by race are: 74.24% of the New Mexico population are White Americans, 2% are Black Africans, 9.45% are AIAN.

Is nm good place to retire?

New Mexico's vast lands are the perfect setting for a peaceful retirement. The mountains and the diverse landscapes add a beautiful view to the many things that make this state an ideal place to call home. NewHomeSource has rounded up the top 10 cities for retirees in New Mexico.

Does New Mexico get earthquakes?

The rate of earthquake activity in New Mexico can be characterized as moderate. For example, there have been 15 earthquakes of M 4.0 and larger in the state since 1980 when seismographic coverage of the southwest U.S. became uniform.

What is minimum wage nm?

New Mexico Minimum Wage for 2021, 2022. New Mexico's state minimum wage rate is $11.50 per hour. This is greater than the Federal Minimum Wage of $7.25. You are entitled to be paid the higher state minimum wage.

What's the weather like in New Mexico year round?

Although New Mexico's average annual temperature is in the mid-50s F (about 12 °C), extremes can range from near 120 °F (about 48 °C) to the −50s F (about −46 °C).

Is Santa Fe good for retirement?

You don't have to look far online to find people who agree that Santa Fe is a desirable retirement community. Conde Nast listed Santa Fe as one of the world's top 10 best places to retire, for example, and US News and World Report picked Santa Fe as one of the best 10 places to reinvent your life in retirement.