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Smith Lake, NM
Considering a move to Smith Lake, NM? This small, close-knit community of about 1,250 residents offers affordable housing with median home prices around $98,000 and average rents of $690. Expect a low cost of living, wide open spaces, and plenty of sunny days (72% annually). While violent crime rates are moderate and property crimes somewhat higher, residents enjoy a peaceful rural lifestyle. Commute times are reasonable at under 30 minutes, and local schools and healthcare are available nearby in neighboring towns.
Smith Lake has a small population of around 1,250 residents with a youthful median age of 31.2 years and a diverse community where 60% speak a language other than English at home. Most residents identify as 'Other' ethnicity, reflecting the area's rich cultural heritage and strong community ties.
Living in Smith Lake is highly affordable, with a cost of living index of 88.7 and median home values at $98,000. Everyday expenses such as rent, utilities, and groceries are significantly lower than the national average, making it a budget-friendly choice for families and individuals alike.
Crime rates in Smith Lake are moderate, with a violent crime rate of 410 per 100,000 people and a property crime rate of 2,800 per 100,000. While the chance of property crime is higher than in some areas, the overall environment remains peaceful and community-focused.
Smith Lake enjoys a semi-arid climate with about 72% sunny days annually and only 11.2 inches of rainfall each year. Winters are chilly but not extreme, while summers are warm and comfortable, making outdoor activities enjoyable year-round.
The community has a median household income of $31,700 and faces a relatively high poverty rate of 39.2%. Despite economic challenges, residents benefit from reasonable rents and a close-knit rural atmosphere, with most people commuting about 29 minutes for work.
Smith Lake offers access to public education through nearby Thoreau schools, which maintain manageable student-teacher ratios and supportive learning environments. For higher education, the University of New Mexico – Gallup is just 35 miles away, giving residents local opportunities for college and vocational training.
Healthcare needs are served by nearby facilities like the Gallup Indian Medical Center, and 77.3% of residents have health insurance coverage. The area has a healthcare index of 61.4, and there are 1.7 physicians available per 1,000 residents, ensuring basic medical services are accessible.
Smith Lake's housing market is characterized by affordable homes, with a median price of $98,000 and average rent for a two-bedroom around $690. The area has a high owner-occupancy rate of 77.2%, and home values have appreciated by 4.3% in the past year, making it an attractive option for buyers.
Residents can handle vehicle registration and licensing needs at the New Mexico Motor Vehicle Division office located in nearby Gallup. The office provides comprehensive DMV services and support for Smith Lake locals.
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.
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