Search for any place in the USA:







Economy in Portales, New Mexico

Overview, People, Health, Economy, Housing, Rankings, Crime
Climate, Education, Transportation, Cost of Living, Religion, Voting

Economy
EconomyPortales, NMUnited States
Unemployment Rate4.50%9.10%
Recent Job Growth-0.19%-0.12%
Future Job Growth35.12%31.25%
Sales Taxes7.62%6.80%
Income Taxes5.30%6.25%
Income per Cap.$15,716$27,067
Household Income$32,078$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K25.53%12.10%
Income between 15K and 25K16.56%10.18%
Income between 25K and 35K11.27%10.56%
Income between 35K and 50K15.90%14.98%
Income between 50K and 75K17.92%19.53%
Income between 75K and 100K5.97%12.52%
Income between 100K and 150K4.64%12.14%
Income between 150K and 250K1.32%3.91%
Income between 250K and 500K0.70%3.34%
Income greater than 500K0.18%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations5.65%13.81%
Professional and Related Occupations28.87%22.68%
Service14.96%14.51%
Sales and Office25.99%25.22%
Farming, Fishing, and Forestry3.36%0.68%
Construction, Extraction, and Maintenance8.50%9.37%
Production, Transportation, and Material Moving15.42%15.86%
Median Household Income

The unemployment rate in Portales, NM, is 4.50%, with job growth of -0.19%. Future job growth over the next ten years is predicted to be 35.12%.

Portales, NM Taxes

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

Portales, NM Income and Salaries

The income per capita is $15,716, which includes all adults and children. The median household income is $32,078.


Portales Economy SperlingViews

Portales is a Sleeper: We chose Portales over Clovis, and after a few months of small town culture shock (Portales is around 15,000 people), we find ourselves liking the peace and quite and... (read more)re: Low key, good quality of life - 11/18/2007: A lady I know just bought a small 2 bedroom house with a loft and hardwood floors near downtown Portales for $63,000! This is impossible back in California in 2008. She... (read more)What Crime?: I've been here a year and I don't see the crime. The gangbangers just are not here like back in Cali, or in Clovis. There are a few cruisers with boom boxes but most... (read more)Have an opinion about Portales? Leave a commentTo See All SperlingViews for Portales Click Here