Lake Sumner, New Mexico Unemployment

Lake Sumner, New Mexico has a population of 98, with a median household income of $36,114.

Current unemployment data for Lake Sumner.

8.30%

👥

Population

98

💰

Median Income

$36,114

📉

Unemployment

8.30%

🏠

Housing Price

$74,114

🚨

Crime Rate

0.90

🌐

Internet Speed

85.10 Mbps

Lake Sumner is a small local community located in New Mexico. The city has a population that is below the average city population in New Mexico, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Situated in New Mexico, Lake Sumner provides insight into regional population trends, income levels, and housing conditions.

Population Overview

Lake Sumner has a population of 98, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Lake Sumner is $36,114, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Lake Sumner is about $74,114, making it relatively affordable compared to many cities in New Mexico.

Employment and Safety

The unemployment rate in Lake Sumner is 8.30%, slightly above the state average, suggesting moderate employment conditions. Crime rates in Lake Sumner are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in New Mexico, Lake Sumner shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

As part of New Mexico, Lake Sumner contributes to the broader economic and social landscape, offering insights into regional development.

Frequently Asked Questions about Lake Sumner

What is the population of Lake Sumner?

The population of Lake Sumner is approximately 98.

Is Lake Sumner a good place to live?

Lake Sumner offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Lake Sumner?

The median household income in Lake Sumner is around $36,114.

How expensive is housing in Lake Sumner?

The average housing price in Lake Sumner is approximately $74,114.