Tatum Apartment Features
Apartments Near Tatum
Living In Tatum, NM
Tatum, a small town in New Mexico, has a population of slightly less than 1,000. Families with children can expect to feel welcome, as kids aged 5-14 account for an above-average 27% of the community, while young adults appear in smaller numbers. Overall, the town's residents, with an average age of just under 36, are younger than most cities in New Mexico. Just 19% of residents rent in Tatum, as the majority own their homes. Renting remains an affordable option, though, as the town boasts a relatively low average rent of $613/month. Over the course of a year, renters in Tatum will save around $3,100 compared to the state average.
There are four primary industries in Tatum: agriculture, education, public administration, and retail. Combined, these industries account for 29% of the town's workforce. Meanwhile, in terms of job function, 10% of residents work in sales, making it the top career path in the town. With an average annual income of about $65K, Tatum workers bring in about $4,000 more than the average New Mexico resident. However, Tatum compares less favorably to the national average ($73,345). Tatum has a relatively large percentage of residents over the age of 25 with an Associate's degree (7%) compared to the national average (5%). Additionally, 3% have a Bachelor's degree and 3% have earned a Master's degree or Doctorate.
Averaging about 21 minutes, the commute time for Tatum residents is shorter than the New Mexico average of about 23 minutes. Driving is the prevailing mode of getting to work, chosen by 38% of commuters, while public transportation is not used. Walking (2%) isn't a common way to get to work, though the number does exceed the national average.