Economy in Loving, New Mexico
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Economy
| Unemployment Rate | 4.50% | 9.10% |
| Recent Job Growth | -0.57% | -0.12% |
| Future Job Growth | 34.36% | 31.25% |
| Sales Taxes | 6.69% | 6.80% |
| Income Taxes | 5.30% | 6.25% |
| Income per Cap. | $17,999 | $27,067 |
| Household Income | $40,927 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 16.74% | 12.10% |
| Income between 15K and 25K | 13.80% | 10.18% |
| Income between 25K and 35K | 13.12% | 10.56% |
| Income between 35K and 50K | 16.29% | 14.98% |
| Income between 50K and 75K | 19.23% | 19.53% |
| Income between 75K and 100K | 10.86% | 12.52% |
| Income between 100K and 150K | 7.69% | 12.14% |
| Income between 150K and 250K | 0.90% | 3.91% |
| Income between 250K and 500K | 0.90% | 3.34% |
| Income greater than 500K | 0.45% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 11.91% | 13.81% |
| Professional and Related Occupations | 11.52% | 22.68% |
| Service | 11.33% | 14.51% |
| Sales and Office | 18.36% | 25.22% |
| Farming, Fishing, and Forestry | 2.15% | 0.68% |
| Construction, Extraction, and Maintenance | 15.23% | 9.37% |
| Production, Transportation, and Material Moving | 23.44% | 15.86% |
The unemployment rate in Loving, NM, is 4.50%, with job growth of -0.57%. Future job growth over the next ten years is predicted to be 34.36%.
Loving, NM Taxes
Loving, NM,sales tax rate is 6.69%. Income tax is 5.30%.
Loving, NM Income and Salaries
The income per capita is $17,999, which includes all adults and children. The median household income is $40,927.
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