Located in the state of New Mexico, Santa Teresa is a small-sized city with a population of 6,706 residents. The majority of Santa Teresa residents report their race to be White; this is followed by Asian and Black. Additionally, more than a quarter of the population of Santa Teresa are of Hispanic or Latino origin, and 64% of the population also speak Spanish. Santa Teresa tends to attract a younger crowd, as the median age of 33 is far below the national average. Long travel times to work can be one of the most frustrating things in the world - right behind housework! If you decide that living in Santa Teresa is the right fit for you, your one way commute time will average 24 minutes, which is about average when compared to the national commute time of 26 minutes.
Whether you’re moving to a new town to be closer to family, friends or for a new job, living in Santa Teresa could be a positive experience compared to other cities in New Mexico if you know where to look. 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. With useful information like amenities, crime, education and other key data points, finding the best places to live in Santa Teresa and in the areas around Santa Teresa is a much easier task.
The livability score in Santa Teresa is 63 out of 100 and the city is ranked in the 49th percentile of all cities across America. There are nine total categories that generate the livability score. Santa Teresa ranks well for cost of living (A) and housing (A+) On a less positive note, Santa Teresa does not have favorable ranks for the following: amenities (F), crime (F) and education (F). If we take a look at the data, we can find out why.
When contemplating a move, job prospects often top the list of priorities. In Santa Teresa, the outlook for new employment is notably brighter than in many other areas. The low unemployment rate of 1.5% 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.
A healthy real estate market serves as a key economic indicator. It could signify overall local economic strength, stability and reflects consumer confidence in the area. Based on multiple factors including: median home and rental prices, appreciation rates and home affordability, Santa Teresa has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.
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 Santa Teresa is actually affordable. The median home price for Santa Teresa homes is $325,970, which is 15% higher than the New Mexico average. If we take a closer look at the affordability of homes in Santa Teresa, we’ll see that the home price to income ratio is 4.2, which is 0% lower than the New Mexico average.
| Statistic | Santa Teresa | New Mexico | National |
| Average one way commute | 24min | 22min | 26min |
| Workers who drive to work | 83.7% | 79.8% | 76.4% |
| Workers who carpool | 12.6% | 10.1% | 9.3% |
| Workers who take public transit | 0.0% | 1.2% | 5.1% |
| Workers who bicycle | 0.0% | 0.7% | 0.6% |
| Workers who walk | 0.9% | 2.2% | 2.8% |
| Working from home | 2.8% | 4.7% | 4.6% |
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