Canjilon, NM is a small town located in northern New Mexico with a population of around 600 people. Although the rent for two bedrooms is much lower than the US average ($820 versus $1,430), the groceries in Canjilon are slightly more expensive (index of 93 compared to 100 in the US).
Local companies in Canjilon include Baca Grocery & Feed Store which has been providing groceries to residents for over 40 years, as well as Stapleton Enterprises which offers services such as plumbing, electric work, construction and remodeling. Other local businesses include M&M Construction, Ace Electric Services, True Value Hardware and L&L Repair Specialists.
Canjilon has an unemployment rate of 8.0%. The US average is 6.0%.
Canjilon has seen the job market increase by 2.5% over the last year. Future job growth over the next ten years is predicted to be 33.2%, which is lower than the US average of 33.5%.
Tax Rates for Canjilon
- The Sales Tax Rate for Canjilon is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Canjilon 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 Canjilon
- The average income of a Canjilon resident is $19,508 a year. The US average is $28,555 a year.
- The Median household income of a Canjilon resident is $145,667 a year. The US average is $69,021 a year.