Jal, NM Economy


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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.

Income by Population Percent

  EconomyJal, New MexicoUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
Reviews for Jal
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Jal has the best school system and very low cost of living making it a great place to raise kids and  More

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