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2024 Compare Cities Economy:
Espanola, NM vs Taos, NM

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Highlights
- Household income in Taos, is 13% less than it is in Espanola and is 86% below the National Average.
- Espanola unemployment rate is 8.0%.
- Taos unemployment rate is 10.5%.

Economy
 Espanola, NMTaos, NMUnited States
 Unemployment Rate8.0%10.5%6.0%
 Recent Job Growth2.5%2.6%1.6%
 Future Job Growth33.2%30.2%33.5%
 Sales Taxes8.9%8.5%6.2%
 Income Taxes4.9%4.9%4.6%
 Income per Cap.$23,527$32,466$37,638
 Household Income$42,611$37,083$69,021
 Family Median Income$52,139$42,984$85,028
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 Est. Households By Income
 Espanola, NMTaos, NMUnited States
 Income Less Than 15K18.7%18.4%9.4%
 Income between 15K and 20K6.2%8.2%3.8%
 Income between 20K and 30K12.1%18.4%8.1%
 Income between 30K and 40K10.4%8.0%8.0%
 Income between 40K and 50K8.3%6.7%7.6%
 Income between 50K and 60K13.8%7.7%7.2%
 Income between 60K and 75K7.7%6.8%9.6%
 Income between 75K and 100K7.5%4.1%12.8%
 Income between 100K and 150K10.6%12.2%16.3%
 Income between 150K and 200K2.6%2.4%7.8%
 Income greater than 200K2.2%7.1%9.5%
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 Population By Occupation
 Espanola, NMTaos, NMUnited States
 Management, business, finance11.2%9.8%16.4%
 Engineering, computers, science5.1%3.0%6.5%
 Community, social services1.6%6.8%1.8%
 Legal0.5%1.2%1.2%
 Education, library4.3%15.7%6.2%
 Arts, design, media, sports, entertainment0.5%3.0%2.0%
 Healthcare practitioners and technology2.7%9.8%6.2%
 Healthcare support3.8%7.1%3.3%
 Firefighters, law enforcement3.6%1.2%2.1%
 Food preparation, serving7.7%8.9%5.4%
 Building maintenance6.0%4.0%3.6%
 Personal care2.5%0.5%2.6%
 Sales, office, administrative support26.2%13.8%20.9%
 Farming, fishing, forestry0.6%0.2%0.6%
 Construction, extraction, maintenance/repair15.8%13.8%8.1%
 Production, transportation, material moving7.9%1.3%13.1%

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Reviews for Espanola    2 Reviews

Over 16 years ago

The cost of living is much too high for what you get here. The gas prices are at least 20 cents per gallon higher than anywhere else around. The electric bills are  More

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Over 18 years ago

high real estate  More

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Reviews for Taos    6 Reviews

I’ve traveled to many places in my lifetime. New Mexico is a favorite. Typically we stay in The Inn of The Governor’s in Santa Fe. (It’s an awesome place.) This  More

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Over 15 years ago

Taos is beautiful with much to offer. However, housing is very expensive. Because much of the town's economy focuses on tourism, there are few jobs available in other  More

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Over 15 years ago

Taos has a diverse culture which has helped create a diverse art market with over 100 galleries and studios. From traditional native arts to contemporary, Taos has it  More

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ZIPS IN ESPANOLA, NEW MEXICO
87532 87567
ZIPS IN TAOS, NEW MEXICO
87571

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