Cloudcroft, New Mexico is a small town nestled in the Sacramento Mountains. With a population of just over 600 people, Cloudcroft offers a quiet and relaxing atmosphere perfect for those looking to get away from busy city life. Despite its size, Cloudcroft has quite a few amenities for its residents; two bedroom rent is only $790 compared to the US average of $1,430, and grocery costs are also much lower with an index of 95 versus 100 in the US. Local businesses include Cloudcroft Treasures Antiques & Gifts, High Country Market & Deli, and Chick's Liquor & Grill. The town of Cloudcroft offers a unique experience to both locals and visitors alike.
Cloudcroft has an unemployment rate of 7.4%. The US average is 6.0%.
Cloudcroft 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 Cloudcroft
- The Sales Tax Rate for Cloudcroft is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Cloudcroft 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 Cloudcroft
- The average income of a Cloudcroft resident is $27,852 a year. The US average is $28,555 a year.
- The Median household income of a Cloudcroft resident is $34,627 a year. The US average is $69,021 a year.