Economy in Silver City, 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 | 7.25% | 6.80% |
| Income Taxes | 5.30% | 6.25% |
| Income per Cap. | $17,470 | $27,067 |
| Household Income | $31,320 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 24.15% | 12.10% |
| Income between 15K and 25K | 16.51% | 10.18% |
| Income between 25K and 35K | 15.04% | 10.56% |
| Income between 35K and 50K | 16.56% | 14.98% |
| Income between 50K and 75K | 16.12% | 19.53% |
| Income between 75K and 100K | 6.10% | 12.52% |
| Income between 100K and 150K | 3.15% | 12.14% |
| Income between 150K and 250K | 1.34% | 3.91% |
| Income between 250K and 500K | 0.97% | 3.34% |
| Income greater than 500K | 0.07% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 7.50% | 13.81% |
| Professional and Related Occupations | 25.40% | 22.68% |
| Service | 13.57% | 14.51% |
| Sales and Office | 20.17% | 25.22% |
| Farming, Fishing, and Forestry | 1.03% | 0.68% |
| Construction, Extraction, and Maintenance | 11.96% | 9.37% |
| Production, Transportation, and Material Moving | 10.84% | 15.86% |
The unemployment rate in Silver City, NM, is 8.20%, with job growth of 2.62%. Future job growth over the next ten years is predicted to be 37.04%.
Silver City, NM Taxes
Silver City, NM,sales tax rate is 7.25%. Income tax is 5.30%.
Silver City, NM Income and Salaries
The income per capita is $17,470, which includes all adults and children. The median household income is $31,320.
Silver City Economy SperlingViews
Five Times Its Census Size: We moved to Silver City because we wanted a community with a university, close to Mexico but without the desert blast furnace. We found all those items and plenty more.... (read more)Not the place to raise a family...: I lived in Silver City from 2nd grade through my sophomore year in high school. Yes, Silver has arguably the greatest geographic location of any city in the state..The... (read more)living in silver city: Hi all --- I've been here 9 month. I moved here with no idea as to what it would be like. My first months here were quite difficult but finally with a new job, I'm... (read more)Have an opinion about Silver City? Leave a commentTo See All SperlingViews for Silver City Click Here
