Meadow Lake CDP
New Mexico
If you're seeking a place where your dollar stretches further, Meadow Lake CDP in New Mexico might just be your hidden gem. With a population of just under 5,000, this community offers a refreshingly affordable lifestyle, a stark contrast to the national median home value which hovers around $350,000. Here, you'll find homes valued at a median of $85,600, opening doors for homeownership that might feel out of reach elsewhere. The pace of life is slower, the atmosphere relaxed, and the focus is on community. It's a place where you can truly unwind and enjoy the simple pleasures of life without breaking the bank.
From an investment perspective, Meadow Lake presents a compelling case. While the median household income of $36,525 is significantly below the national average, the extremely low housing costs make the area accessible for a variety of income levels. This affordability, combined with the close-knit community vibe, makes Meadow Lake ideal for first-time homebuyers, retirees looking to downsize, or anyone seeking a budget-friendly escape from the hustle and bustle of city life. The area is known for its safety, which further enhances its appeal as a welcoming place to live and invest.
Meadow Lake CDP, New Mexico at a Glance
Meadow Lake CDP is a neighborhood in New Mexico with a population of approximately 4,745. The median home value is $85,600 and the median household income is $36,525.. The violent crime rate is 3.6 per 1,000 residents, compared to the national average of 3.6.. Median rent is $722 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.
Median Home Value
$85,600
Median Income
$36,525
Population
4,745
Walk Score
N/A
Air Quality
N/A
Climate Risk
N/A
Good
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- Population
- 4,745
- Median Age
- N/A
- Median Household Income
- $36,525
51% below nat'l avg
- Bachelor's Degree+
- N/A
- Poverty Rate
- 34.6%
179% above nat'l avg
- Median Home Value
- $85,600
70% below nat'l avg
- Median Rent
- $722
38% below nat'l avg
- Homeownership Rate
- 80.3%
22% above nat'l avg
- Affordability Index
- N/A
- Violent Crime Rate
- 3.6 per 1K
Near nat'l avg
- Property Crime Rate
- 0.6 per 1K
97% below nat'l avg
- AQI
- N/A
- Category
- N/A
- Overall Risk
- N/A
- Risk Score
- N/A
- Overall
- N/A
- Road Traffic
- N/A
- Aviation
- N/A
- Rail
- N/A
- Electricity Rate
- N/A
- Est. Monthly Electric
- N/A
- Unemployment Rate
- 10.4%
181% above nat'l avg
- Poverty Rate
- 34.6%
179% above nat'l avg
Weather & Climate in Meadow Lake CDP
Avg High
65°F
Avg Low
42°F
Annual Rainfall
14.5"
Avg Humidity
44%
Political Landscape
→ Politically stable
Based on Torrance County county-level presidential election data
Culture & Things to Do in Meadow Lake CDP
Albuquerque International Balloon Fiesta
A world-renowned hot air balloon festival held annually in early October.
New Mexico State Fair
An annual state fair featuring agricultural exhibits, carnival rides, and live entertainment.
River of Lights
A holiday light show at the ABQ BioPark Botanic Garden.
Gathering of Nations Powwow
One of the largest Native American gatherings in North America, featuring dance competitions, cultural displays, and a marketplace.