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Economy in Torreon (zip 87061), New Mexico

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

Economy
EconomyTorreon, NMUnited States
Unemployment Rate9.30%9.10%
Recent Job Growth-0.97%-0.12%
Future Job Growth28.76%31.25%
Sales Taxes7.44%6.80%
Income Taxes5.30%6.25%
Income per Cap.$17,200$27,067
Household Income$36,672$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K18.13%12.10%
Income between 15K and 25K16.04%10.18%
Income between 25K and 35K14.02%10.56%
Income between 35K and 50K17.32%14.98%
Income between 50K and 75K17.57%19.53%
Income between 75K and 100K6.85%12.52%
Income between 100K and 150K5.40%12.14%
Income between 150K and 250K1.61%3.91%
Income between 250K and 500K2.50%3.34%
Income greater than 500K0.56%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations20.88%13.81%
Professional and Related Occupations18.90%22.68%
Service16.18%14.51%
Sales and Office20.51%25.22%
Farming, Fishing, and Forestry3.24%0.68%
Construction, Extraction, and Maintenance11.32%9.37%
Production, Transportation, and Material Moving16.32%15.86%
Median Household Income

The unemployment rate in Torreon (zip 87061), NM, is 9.30%, with job growth of -0.97%. Future job growth over the next ten years is predicted to be 28.76%.

Torreon (zip 87061), NM Taxes

Torreon (zip 87061), NM,sales tax rate is 7.44%. Income tax is 5.30%.

Torreon (zip 87061), NM Income and Salaries

The income per capita is $17,200, which includes all adults and children. The median household income is $36,672.


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