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Economy in Ruidoso, New Mexico

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

EconomyRuidoso, NMUnited States
Unemployment Rate5.00%8.60%
Recent Job Growth-1.88%0.35%
Future Job Growth31.24%32.10%
Sales Taxes7.81%5.00%
Income Taxes4.90%4.70%
Income per Cap.$34,605$26,154
Household Income$56,040$50,935
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K7.02%12.37%
Income between 15K and 25K13.17%10.53%
Income between 25K and 35K11.72%10.88%
Income between 35K and 50K13.48%15.37%
Income between 50K and 75K19.04%20.14%
Income between 75K and 100K13.94%12.41%
Income between 100K and 150K11.87%11.27%
Income between 150K and 250K7.10%5.01%
Income between 250K and 500K2.45%1.86%
Income greater than 500K0.26%0.16%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations13.56%14.04%
Professional and Related Occupations16.98%20.61%
Service17.30%14.45%
Sales and Office30.21%26.75%
Farming, Fishing, and Forestry0.56%0.70%
Construction, Extraction, and Maintenance13.82%9.42%
Production, Transportation, and Material Moving7.57%14.05%


Median Household Income

The unemployment rate in Ruidoso, NM, is 5.00%, with job growth of -1.88%. Future job growth over the next ten years is predicted to be 31.24%.

Ruidoso, NM Taxes

Ruidoso, NM,sales tax rate is 7.81%. Income tax is 4.90%.

Ruidoso, NM Income and Salaries

The income per capita is $34,605, which includes all adults and children. The median household income is $56,040.


Ruidoso Economy SperlingViews

re: RuiDoso, NM - 9/12/2012: So you don't recommend living there for a working family ? I am from Albuquerque New Mexico have been gone for quite some time and looking to return, but I don't want to... (read more)RuiDoso, NM: The economy is heavily tourist based which relates to service industry and minimum wage in a resort community. Great place to retire, not a good place to work. Good... (read more)re: RUIDOSO-12 YR VETERAN - 10/23/2010: I lived in Ruidoso and I felt the same way about the people there. A lot of rich texan/ californians, not a lot of young people with kids. Then, we moved to Alamogordo,... (read more)Have an opinion about Ruidoso? Leave a commentTo See All SperlingViews for Ruidoso Click Here