La Huerta, NM is a small town in New Mexico that is popular for its low cost of living. The two bedroom rent in La Huerta is around $990 per month which is significantly lower than the US average of $1,430. Additionally, Grocery Cost Index is also lower in La Huerta with 93 versus 100 in the US. Local companies include La Huerta Home Builders, La Huerta Auto Repair, and La Huerta Restaurant. These local businesses provide an array of services to residents at prices much lower than what can be found in larger cities. While living in La Huerta may mean a lower cost of living compared to bigger cities, it also means fewer job opportunities and resources available to those who call this small town home.
La Huerta has an unemployment rate of 7.3%. The US average is 6.0%.
La Huerta has seen the job market increase by 8.5% over the last year. Future job growth over the next ten years is predicted to be 35.1%, which is higher than the US average of 33.5%.
Tax Rates for La Huerta
- The Sales Tax Rate for La Huerta is 7.6%. The US average is 7.3%.
- The Income Tax Rate for La Huerta 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 La Huerta
- The average income of a La Huerta resident is $37,858 a year. The US average is $28,555 a year.
- The Median household income of a La Huerta resident is $105,566 a year. The US average is $69,021 a year.