The poverty rate in Alamogordo, New Mexico, stands at 17.7%. This figure represents the percentage of individuals living below the poverty line within the city.
Economic Snapshot of Alamogordo, NM
Understanding the poverty rate involves looking at broader economic indicators that reflect the financial well-being of a community. These statistics provide context for the economic landscape of Alamogordo.
Here's a summary of key economic data for Alamogordo, New Mexico (data from 2019-2023):
Economic Indicator | Value |
---|---|
Persons in poverty | 17.7% |
Median household income (in 2023 dollars) | $52,515 |
Per capita income (in 2023 dollars) | $31,998 |
Data Source: U.S. Census Bureau QuickFacts
The median household income offers insight into the middle-income level for households in the area, while the per capita income indicates the average income per person. The poverty rate, at 17.7%, signifies the proportion of the population facing economic hardship. These figures collectively illustrate the current economic conditions and financial challenges within Alamogordo.