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Economy in Texico, New Mexico

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

Economy
EconomyTexico, NMUnited States
Unemployment Rate4.70%9.10%
Recent Job Growth-0.26%-0.12%
Future Job Growth34.78%31.25%
Sales Taxes7.19%6.80%
Income Taxes5.30%6.25%
Income per Cap.$14,595$27,067
Household Income$33,777$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K21.16%12.10%
Income between 15K and 25K15.65%10.18%
Income between 25K and 35K15.07%10.56%
Income between 35K and 50K18.55%14.98%
Income between 50K and 75K17.10%19.53%
Income between 75K and 100K8.12%12.52%
Income between 100K and 150K3.19%12.14%
Income between 150K and 250K0.58%3.91%
Income between 250K and 500K0.58%3.34%
Income greater than 500K0.00%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations6.89%13.81%
Professional and Related Occupations10.20%22.68%
Service17.86%14.51%
Sales and Office20.66%25.22%
Farming, Fishing, and Forestry11.22%0.68%
Construction, Extraction, and Maintenance8.67%9.37%
Production, Transportation, and Material Moving21.17%15.86%
Median Household Income

The unemployment rate in Texico, NM, is 4.70%, with job growth of -0.26%. Future job growth over the next ten years is predicted to be 34.78%.

Texico, NM Taxes

Texico, NM,sales tax rate is 7.19%. Income tax is 5.30%.

Texico, NM Income and Salaries

The income per capita is $14,595, which includes all adults and children. The median household income is $33,777.


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