Floyd, NM is a small town located in 88118 with a population of 827. The 2 Bedroom Rent in Floyd is $740 which is substantially lower than the US average of $1,430. Furthermore, the Grocery Cost Index in Floyd is 95 versus 100 in the US, making groceries more affordable than many other places. \nIn Floyd you will find plenty of local companies and services to meet your needs. Brad's Auto Repair offers automotive repair and maintenance services while Rebecca’s Sage Steer provides delicious meals for breakfast lunch and dinner. Additionally, DL Construction offers construction services for home building and remodeling projects as well as repair work. The Floyd Post Office is available for all postal service needs and Otero Federal Credit Union allows for easy banking access.
Floyd (zip 88118) has an unemployment rate of 6.1%. The US average is 6.0%.
Floyd (zip 88118) has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 23.6%, which is lower than the US average of 33.5%.
Tax Rates for Floyd (zip 88118)
- The Sales Tax Rate for Floyd (zip 88118) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Floyd (zip 88118) is 4.9%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Floyd (zip 88118)
- The average income of a Floyd (zip 88118) resident is $17,675 a year. The US average is $28,555 a year.
- The Median household income of a Floyd (zip 88118) resident is $51,302 a year. The US average is $69,021 a year.