Dulce, NM Economy


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Dulce, NM is a small town located near the Colorado border. With a population of just over 3,000 people, it is a rural area with plenty of beauty to appreciate. The cost of living in Dulce is relatively low, as evidenced by the 2 bedroom rent costing $710 compared to the US average of $1,430. The grocery cost index is also lower than that in the US at 91 versus 100. The local economy in Dulce revolves around agriculture and ranching, with many local companies providing supplies and services to those industries. There are also many amenities readily available such as restaurants, shopping centers, parks and recreational areas that provide locals with plenty of entertainment options.

Dulce has an unemployment rate of 8.0%. The US average is 6.0%.

Dulce 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 Dulce
- The Sales Tax Rate for Dulce is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Dulce 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 Dulce
- The average income of a Dulce resident is $15,422 a year. The US average is $28,555 a year.
- The Median household income of a Dulce resident is $43,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyDulce, New MexicoUnited States
  86
  -3.1%-6.2%
  33.2%33.5%
  6.9%6.2%
  4.9%4.6%
  $19,806$37,638
  $43,750$69,021
  $58,289$85,028
  Population by Occupation
  0.6%1.2%
  1.4%0.5%
  11.2%6.8%
  0.0%10.0%
  0.0%2.5%
  9.8%11.0%
  0.6%4.8%
  1.4%0.8%
  0.0%1.9%
  0.7%4.7%
  0.0%1.9%
  2.4%7.6%
  0.0%0.1%
  0.9%4.2%
  12.3%9.3%
  10.8%14.0%
  6.1%2.1%
  1.7%7.0%
  4.7%4.8%
  35.3%4.7%
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