Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 45.5 yrs |
|---|---|
| Avg HH Size | 2.98 |
| Below Poverty | 8.4% ▼ 16% below avg |
| College Grads | 33.1% ▼ 14% below avg |
| Unemployment | 2.4% ▼ 51% below avg |
| No HS Diploma | 7 (1.4%) |
| HS Graduate | 180 (36.1%) |
| Some College | 109 (21.9%) |
| Associates | 37 (7.4%) |
| Bachelors | 46 (9.2%) |
| Graduate Degree | 119 (23.9%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $122,625 ▲ 61% above avg |
|---|---|
| Median Home Value | $217,300 ▼ 22% below avg |
| Home/Income Ratio | 1.8x (nat avg ~3.5x) |
| Median Rent | $1,049/mo |
| Total Housing Units | 368 |
| Vacant Units | 61 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Lake Arthur is a city in New Mexico, located in Chaves County. The city spans 1 ZIP code and is home to approximately 915 residents. It is a mature city, with a median age of 45.5 years.
Economically, Lake Arthur is a upper-middle-income community. The median household income of $122,625 is significantly above the national average. Approximately 8.4% of residents live below the poverty line. The unemployment rate is 2.4%, well below the national average.
The real estate market in Lake Arthur is an affordable housing market. Median home values stand at $217,300, which is below the national average. Renters typically pay around $1,049 per month. Homeownership is high at 76.6%, typical of suburban and family-oriented communities.
The population of Lake Arthur is moderately educated. 33.1% of adults hold a bachelor's degree or higher — near the national average. The community is majority Hispanic (50.16%).
Lake Arthur, NM offers residents above-average earning potential within New Mexico.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 88253 | 915 | $122,625 | $217,300 | $1,049 | 2.4% | 33.1% | 76.6% |