Causey, NM Economy


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Causey, NM is an ideal place to settle down. With 2 bedroom rent being significantly lower than the US average of $1,430, it's a great option for those looking to save some money on housing. Additionally, food costs are also lowered with Grocery Cost Index in Causey being 91 compared to 100 in the US. There are many local companies and businesses that have contributed to this city’s growth over the years such as Baca's Country Store, K & S Grocery, L & R Feed Store and Littlefield Motors. A number of outdoor attractions can be found nearby such as Lake Sumner Designated Area which offers fishing and camping areas as well as trails for hiking. Other activities include visiting local museums or checking out annual festivals like Pioneer Days which celebrates the city’s rich cultural heritage.

Causey has an unemployment rate of 6.1%. The US average is 6.0%.

Causey 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 Causey
- The Sales Tax Rate for Causey is 6.7%. The US average is 7.3%.
- The Income Tax Rate for Causey 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 Causey
- The average income of a Causey resident is $19,602 a year. The US average is $28,555 a year.
- The Median household income of a Causey resident is $58,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCausey, New MexicoUnited States
  6.16
  -1.3%-6.2%
  23.6%33.5%
  6.6%6.2%
  4.9%4.6%
  $17,097$37,638
  $58,250$69,021
Family Median Income 85028
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