Cost Of Living
Everyday cost of living expenses like goods and services, housing, groceries, transportation, health care and utilities are far below the national average.
Amenities
The majority of amenities will be difficult to reach within a short walk, often requiring residents to use a vehicle or public transportation for access.
Commute
Low commute scores could be due to limited access to public transit in this area, as well as longer-than-average work commute times for residents.
Crime
Reporting high crime rates per 100,000 people, this area may be perceived as an unsafe place to reside. These statistics encompass both violent and property crime rates.
Employment
This area earns a low score in the employment category due to low household income levels and high unemployment rates, which may pose challenges in seeking job opportunities.
Health & Safety
Subpar air quality and the limited availability of certain health-related facilities such as hospitals, police stations, doctors and pharmacies may have contributed to the low score in this category.
Tucumcari, New Mexico is a small city with a population of 4,994 residents. If we take a look at the last Census, the vast majority of the population falls within one racial group (73% White). Given that fact, Tucumcari could be considered less diverse than other cities. Additionally, more than a quarter of the population of Tucumcari are of Hispanic or Latino origin, and 26% of the population also speak Spanish. In Tucumcari, only 41% of people over the age of fifteen are married. This city could be a good option for singles ready to mingle. Not a fan of sitting in traffic during your commute to work? Tucumcari offers shorter work commutes, with an average one-way commute time taking only 11 minutes, far lower than the national average of 26 minutes.
Are you trying to decide if living in Tucumcari is the right fit for your lifestyle? To ensure a good experience before relocating to any new city in New Mexico, you will probably want to make sure that you check all of the most important boxes. Several key factors deserve attention. For one, safety is paramount, ensuring that your new area is low in crime is key. Proximity to workplaces or schools minimizes commute times and fosters convenience. Access to essential amenities like parks, grocery stores, food, fitness, shops and healthcare facilities enhances daily life. Efficient public transportation options provide mobility and connectivity. The sense of community creates a welcoming and supportive environment. Lastly, the overall atmosphere, encompassing the vibe, aesthetics, and lifestyle offerings, contributes to a fulfilling living experience. Considering these elements helps identify the ideal neighborhood for your needs and preferences. Using the livability score which includes data from categories like amenities, cost of living, commute, you can easily compare the best places to live in Tucumcari and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Tucumcari to New Mexico and the national average.
With a livability score of 63 out of 100, Tucumcari is ranked #13,921 in the United States and #69 in New Mexico. For each of the livability categories, we see that Tucumcari ranks very well for crime (A+) and housing (B). Regrettably for Tucumcari, there are some categories for which it does not score well, this includes: amenities (F), education (F) and employment (F).
The impact of the cost of living on your monthly financial situation cannot be overstated. Whether it's housing expenses, grocery bills or healthcare costs, it's crucial to ensure that your chosen place of residence is not only comfortable but also affordable. Fortunately, in Tucumcari, the cost of living is 25.23% below the national average, offering the assurance that after meeting your financial obligations, there may be a surplus left in your wallet. This financial advantage not only promotes financial stability but also opens up opportunities for savings and a better quality of life. In a world where expenses can be overwhelming, Tucumcari stands out as a place where you can enjoy both comfort and fiscal responsibility, ensuring a brighter financial future.
The Tucumcari unemployment rate of 1.4% has continued to decrease over the years and is now well below the national average. The result could lead to reduced poverty and inequality in the area, higher wages and increased economic growth. This is a positive sign in the overall health of the local economy.
Real estate represents the most substantial investment for homebuyers, constituting their most valuable asset. Renters, on the other hand, typically see their monthly rent as their most significant expense. The Tucumcari market earns a high score in the housing category, surpassing the national average in factors like home and rental affordability and appreciation rates. This robust real estate market not only benefits individual homeowners and renters but also spurs vigorous local economic activity and job growth, solidifying its significance in driving the region's prosperity and financial well-being.
Assuming that Tucumcari meets all of your requirements like low crime rates, good schools and great local amenities, the next most important item to examine is the affordability of real estate in Tucumcari. Everything else becomes a lot less important if it turns out that home prices in Tucumcari are simply unattainable. The median home price for Tucumcari homes is $83,066, which is 70.7% lower than the New Mexico average. If we take a closer look at the affordability of homes in Tucumcari, we’ll see that the home price to income ratio is 1.8, which is 57.1% lower than the New Mexico average.
| Statistic | Tucumcari | New Mexico | National |
| Average one way commute | 11min | 22min | 26min |
| Workers who drive to work | 88.0% | 79.8% | 76.4% |
| Workers who carpool | 7.7% | 10.1% | 9.3% |
| Workers who take public transit | 0.3% | 1.2% | 5.1% |
| Workers who bicycle | 0.0% | 0.7% | 0.6% |
| Workers who walk | 1.4% | 2.2% | 2.8% |
| Working from home | 2.6% | 4.7% | 4.6% |
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