Lake Arthur, NM
Full City Profile · New Mexico · Eddy County County
Lake Arthur, NM
At a Glance
How Lake Arthur Compares to the U.S. Average
Each bar shows Lake Arthur's value as a percentage of the national average (100% = U.S. avg)
Is Lake Arthur a Good Place to Live?
Economy & Jobs
Lake Arthur residents earn a median household income of $81,875 , which is 9% above the national average of $75,149. Per capita income is $31,661. The unemployment rate stands at 4.0% (11% above the U.S. rate of 3.6%). 12.9% of residents live below the poverty line. The area is home to 1,976 business establishments, including 159 restaurants.
Housing & Cost of Living
The median home value in Lake Arthur is $113,900 , 60% below the national median of $281,900. Zillow estimates the typical home at $241,972. Median rent is $728/month, with 13.7% of renters spending more than 30% of income on housing. The cost of living index is 92.2 (100 = national average). The median home was built in 1970.
Education
4.7% of adults in Lake Arthur hold a bachelor's degree or higher (86% below the national average). 78.2% have completed high school. Local schools score 4.9/10 in standardized testing.
Climate & Weather
Lake Arthur has an average annual temperature of 61°F (16°C). Winters average 40°F in January while summers reach 81°F in July. Annual precipitation totals 12.1 inches. Air quality is rated Good with a median AQI of 49.