Jal, NM is a small town located in the southeastern part of New Mexico. It is home to a wide variety of businesses and amenities including small-town stores, restaurants, and entertainment centers. Rent for two bedroom apartments is significantly lower than the US average cost at $1,020 per month compared to $1,430 per month on average. Additionally, Jal boasts a low grocery cost index of 90 compared to the national average of 100. Popular local businesses in Jal include Hefner’s Restaurant and Cafe, Canyon Grocery Store, Sky Pizza & Subs, and Rancho Cattle Co. Residents enjoy an abundance of outdoor activities like hiking in nearby canyons or hunting along the Pecos River.
Jal has an unemployment rate of 11.3%. The US average is 6.0%.
Jal has seen the job market decrease by -12.8% over the last year. Future job growth over the next ten years is predicted to be 22.3%, which is lower than the US average of 33.5%.
Tax Rates for Jal
- The Sales Tax Rate for Jal is 7.1%. The US average is 7.3%.
- The Income Tax Rate for Jal 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 Jal
- The average income of a Jal resident is $31,154 a year. The US average is $37,638 a year.
- The Median household income of a Jal resident is $57,731 a year. The US average is $69,021 a year.