Economy in Bayard, New Mexico
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Economy
| Unemployment Rate | 8.20% | 9.10% |
| Recent Job Growth | 2.62% | -0.12% |
| Future Job Growth | 37.04% | 31.25% |
| Sales Taxes | 7.12% | 6.80% |
| Income Taxes | 5.30% | 6.25% |
| Income per Cap. | $14,495 | $27,067 |
| Household Income | $28,078 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 25.80% | 12.10% |
| Income between 15K and 25K | 19.69% | 10.18% |
| Income between 25K and 35K | 14.51% | 10.56% |
| Income between 35K and 50K | 17.82% | 14.98% |
| Income between 50K and 75K | 13.47% | 19.53% |
| Income between 75K and 100K | 5.80% | 12.52% |
| Income between 100K and 150K | 2.18% | 12.14% |
| Income between 150K and 250K | 0.21% | 3.91% |
| Income between 250K and 500K | 0.41% | 3.34% |
| Income greater than 500K | 0.10% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 8.13% | 13.81% |
| Professional and Related Occupations | 19.04% | 22.68% |
| Service | 19.49% | 14.51% |
| Sales and Office | 19.93% | 25.22% |
| Farming, Fishing, and Forestry | 0.56% | 0.68% |
| Construction, Extraction, and Maintenance | 14.25% | 9.37% |
| Production, Transportation, and Material Moving | 10.58% | 15.86% |
The unemployment rate in Bayard, NM, is 8.20%, with job growth of 2.62%. Future job growth over the next ten years is predicted to be 37.04%.
Bayard, NM Taxes
Bayard, NM,sales tax rate is 7.12%. Income tax is 5.30%.
Bayard, NM Income and Salaries
The income per capita is $14,495, which includes all adults and children. The median household income is $28,078.
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