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Economy in Grants, New Mexico

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyGrants, NMUnited States
Unemployment Rate6.80%9.10%
Recent Job Growth0.64%-0.12%
Future Job Growth34.48%31.25%
Sales Taxes7.62%6.80%
Income Taxes5.30%6.25%
Income per Cap.$18,852$27,067
Household Income$39,106$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K17.95%12.10%
Income between 15K and 25K13.63%10.18%
Income between 25K and 35K12.93%10.56%
Income between 35K and 50K19.87%14.98%
Income between 50K and 75K18.22%19.53%
Income between 75K and 100K9.78%12.52%
Income between 100K and 150K4.71%12.14%
Income between 150K and 250K1.74%3.91%
Income between 250K and 500K0.89%3.34%
Income greater than 500K0.28%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations7.30%13.81%
Professional and Related Occupations22.81%22.68%
Service27.23%14.51%
Sales and Office25.60%25.22%
Farming, Fishing, and Forestry0.20%0.68%
Construction, Extraction, and Maintenance11.99%9.37%
Production, Transportation, and Material Moving13.53%15.86%
Median Household Income

The unemployment rate in Grants, NM, is 6.80%, with job growth of 0.64%. Future job growth over the next ten years is predicted to be 34.48%.

Grants, NM Taxes

Grants, NM,sales tax rate is 7.62%. Income tax is 5.30%.

Grants, NM Income and Salaries

The income per capita is $18,852, which includes all adults and children. The median household income is $39,106.


Grants Economy SperlingViews

New Mexico's back yard: This is great place for families and retirement. We were looking for a place where there was a community and activities if we chose to participate and have the privacy... (read more)Have an opinion about Grants? Leave a commentTo See All SperlingViews for Grants Click Here