Cost Of Living
The overall cost of living in this area is much lower than average. This includes everyday goods and services, as well as housing, utilities and health care.
Housing
This area has received high scores in the housing category. This could be due to a positive home affordability ratio, high appreciation rates or elevated home values.
Ratings
Local residents have positive things to say about the proximity of restaurants, grocery stores, parks, public transit, friendliness of neighbors, sense of community and overall safety of the area.
Amenities
A majority of amenities are not ideally situated within a reasonable walking distance, which may lead residents to rely on a vehicle or public transportation.
Commute
Public transportation is not readily available in this area and the average commute time to work could also be longer than the national average.
Crime
This area is reporting high crime rates per 100,000 people and could signify that it is a dangerous place to live. Crime rates include both violent and property crimes.
Health & Safety
Poor air quality and the inaccessibility of certain health related facilities like hospitals, clinics, doctors and pharmacies could have all contributed to the low score in this category.
Schools
Lower than average education levels, poor reading and math scores, as well as the inaccessibility of local elementary and high schools could all be factors in the low schools score.
Bayard, New Mexico is a small city with a population of 2,508 residents. At 79%, the majority of the Bayard population is White; this is followed by 1% Black and 0% Asian. Additionally, more than a quarter of the population of Bayard are of Hispanic or Latino origin, and 46% of the population also speak Spanish. If you prefer shorter commutes, living in Bayard will be a delight. With an average one-way commute time of just 18 minutes, traveling to and from work is notably more convenient than the national average, which stands at 26 minutes.
Whether you’re relocating to a new town to be closer to family, friends or for a new job, living in Bayard could be a positive experience compared to other cities in New Mexico if you know where to search. Don't forget to determine what matters most to you in a neighborhood. Consider factors such as safety, proximity to work or school, access to amenities (like parks, fitness facilities, grocery stores, restaurants), public transportation options, community atmosphere and the overall vibe you're looking for. Finding the best places to live in Bayard and nearby areas is a much easier task when you can rely on information and data from the livability score, which includes crime, commute, health & safety, employment, housing and other important metrics.
Bayard has a livability score of 65/100 and is ranked #50 in New Mexico and #11,636 in the USA. If we explore each of the categories on their own, we see that Bayard ranks well for cost of living (A+) and housing (A+). There is at least one category that you should be aware of in Bayard. The following was graded with a disappointing score: amenities (F) and education (F).
When contemplating a move, job prospects often top the list of priorities. In Bayard, the outlook for new employment is notably brighter than in many other areas. The low unemployment rate of 1.2% points to a surge in job opportunities, the potential for higher wages, enhanced workforce productivity and increased economic growth. These favorable conditions bode well for individuals seeking career advancement and financial stability, making this area an appealing destination for those prioritizing professional opportunities and economic prosperity.
Finding affordable real estate and housing in Bayard can be tricky. Having said that, this area might be the place to get the best of both worlds. Based on factors like home/rental affordability and appreciation rates, this area has received an above average score in the housing category. A healthy real estate market can lead to wealth appreciation for property owners, as rising property values can contribute to homeowners' equity, financial stability and the ability to build long-term wealth.
There are many factors that go into deciding if an area is the right fit for your lifestyle. Certain “must haves” like low crime, great schools and nearby amenities are all at the top of most people's lists. But before even considering if those options are attainable, we'll need to know if the real estate in Bayard is actually affordable. The median home price for Bayard homes is $160,525, which is 43.4% lower than the New Mexico average. If we take a closer look at the affordability of homes in Bayard, we’ll see that the home price to income ratio is 2, which is 52.4% lower than the New Mexico average.
| Statistic | Bayard | New Mexico | National |
| Average one way commute | 18min | 22min | 26min |
| Workers who drive to work | 71.1% | 79.8% | 76.4% |
| Workers who carpool | 25.3% | 10.1% | 9.3% |
| Workers who take public transit | 0.7% | 1.2% | 5.1% |
| Workers who bicycle | 0.0% | 0.7% | 0.6% |
| Workers who walk | 2.8% | 2.2% | 2.8% |
| Working from home | 0.0% | 4.7% | 4.6% |
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