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Chamizal, NM Economy
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New Mexico
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Socorro County
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Chamizal, NM is an attractive place to call home for many reasons. It has a much lower cost of living than many other places in the US, with two bedroom rental prices at only $770 compared to the US average of $1,430. In addition, grocery costs are substantially lower at 89 compared to the national index of 100. These lower costs make Chamizal an attractive option for those looking for affordable housing options.
The area also offers a number of local businesses and attractions that can be enjoyed by residents and visitors alike. A few notable companies include Four Corners Power Plant & Transmission Line Services Inc., Southwest Concrete Construction LLC, SkyWest Airlines Inc., and Dixie Valley Solutions LLC. These businesses offer interesting career opportunities as well as various services to the surrounding area.
Chamizal's close proximity to larger cities such as Albuquerque and El Paso also adds to its desirability. Residents enjoy easy access to these bustling cities while still having the peace and quiet of a smaller town life in Chamizal itself. All things considered, Chamizal is an attractive place to find inexpensive housing with plenty of local amenities nearby.
Income by Population Percent
Economy
Chamizal, New Mexico
United States
Unemployment Rate
6.6
6
Recent Job Growth
-4.9%
-6.2%
Future Job Growth
27.2%
33.5%
Sales Taxes
6.4%
6.2%
Income Tax
4.9%
4.6%
Income per Cap.
37638
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