Boles Acres, NM is a small town located in the state of New Mexico. It has a population of roughly 8,000 people and is known for its low cost of living. The average 2 bedroom rent in the town is $860 per month, which is much lower than the US average of $1,430. Living costs are also significantly cheaper with the Grocery Cost Index in Boles Acres being 90 versus 100 in the US.
The town has several local businesses and services including Bill's Hardware Store, Mary's Diner, and Smith's Auto Services. These local companies provide residents with everything they need from home improvement to fast food meals to car repairs. Residents can also enjoy going to Miller Park on weekends, where they can take part in outdoor activities such as fishing or camping.
Boles Acres has an unemployment rate of 7.4%. The US average is 6.0%.
Boles Acres has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 22.7%, which is lower than the US average of 33.5%.
Tax Rates for Boles Acres
- The Sales Tax Rate for Boles Acres is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Boles Acres 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 Boles Acres
- The average income of a Boles Acres resident is $25,843 a year. The US average is $28,555 a year.
- The Median household income of a Boles Acres resident is $85,863 a year. The US average is $69,021 a year.