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2024 Compare Cities Economy:
Taos, NM vs Palmer, AK

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Highlights
- Household income in Palmer, is 67% more than it is in Taos and is 11% below the National Average.
- Taos unemployment rate is 10.5%.
- Palmer unemployment rate is 7.7%.

Economy
 Taos, NMPalmer, AKUnited States
 Unemployment Rate10.5%7.7%6.0%
 Recent Job Growth2.6%-0.7%1.6%
 Future Job Growth30.2%19.5%33.5%
 Sales Taxes8.5%0.0%6.2%
 Income Taxes4.9%0.0%4.6%
 Income per Cap.$32,466$28,487$37,638
 Household Income$37,083$62,068$69,021
 Family Median Income$42,984$70,648$85,028
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 Est. Households By Income
 Taos, NMPalmer, AKUnited States
 Income Less Than 15K18.4%8.3%9.4%
 Income between 15K and 20K8.2%4.9%3.8%
 Income between 20K and 30K18.4%7.8%8.1%
 Income between 30K and 40K8.0%7.8%8.0%
 Income between 40K and 50K6.7%10.7%7.6%
 Income between 50K and 60K7.7%8.2%7.2%
 Income between 60K and 75K6.8%12.1%9.6%
 Income between 75K and 100K4.1%15.5%12.8%
 Income between 100K and 150K12.2%12.7%16.3%
 Income between 150K and 200K2.4%7.6%7.8%
 Income greater than 200K7.1%4.4%9.5%
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 Population By Occupation
 Taos, NMPalmer, AKUnited States
 Management, business, finance9.8%10.4%16.4%
 Engineering, computers, science3.0%4.2%6.5%
 Community, social services6.8%2.0%1.8%
 Legal1.2%1.5%1.2%
 Education, library15.7%6.6%6.2%
 Arts, design, media, sports, entertainment3.0%1.8%2.0%
 Healthcare practitioners and technology9.8%5.9%6.2%
 Healthcare support7.1%5.5%3.3%
 Firefighters, law enforcement1.2%3.9%2.1%
 Food preparation, serving8.9%7.2%5.4%
 Building maintenance4.0%4.0%3.6%
 Personal care0.5%4.8%2.6%
 Sales, office, administrative support13.8%19.7%20.9%
 Farming, fishing, forestry0.2%1.0%0.6%
 Construction, extraction, maintenance/repair13.8%8.7%8.1%
 Production, transportation, material moving1.3%12.7%13.1%

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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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Reviews for Palmer    3 Reviews

The first time I saw Palmer was in 1974. It's grown up from the old days of farm country complete with 4-H clubs, fields of crops and livestock. Gone are most of the  More

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Over 18 years ago

The four months of cold and dark. Winter lasts about 8 months, but the real cold, dark lasts about 4 months. It is getting harder and harder to deal with as I get  More

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Over 18 years ago

I have lived in Palmer for 11 years. I love everything about it except about four months of the dark, cold winters. The people are  More

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ZIPS IN TAOS, NEW MEXICO
87571
ZIPS IN PALMER, ALASKA
99645

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