Laguna, NM Economy


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Laguna, NM is a small town located in the US state of New Mexico. It is known for its scenic views of the rolling hills and is home to many local businesses. Rent for a two-bedroom apartment in Laguna, NM is $1,030 compared to the national average of $1,430 per month. Additionally, the Grocery Cost Index in Laguna is 89 compared to 100 nationally. This makes it an attractive place to live with its low cost of living. Local companies include Laguna Hills Pawn Shop and Remington's Mobile Home Park which offer services to residents. For those looking to save money on living costs while enjoying beautiful scenery, Laguna, NM is definitely worth considering.

Laguna has an unemployment rate of 10.3%. The US average is 6.0%.

Laguna 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 18.3%, which is lower than the US average of 33.5%.

Tax Rates for Laguna
- The Sales Tax Rate for Laguna is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Laguna 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 Laguna
- The average income of a Laguna resident is $21,917 a year. The US average is $37,638 a year.
- The Median household income of a Laguna resident is $44,881 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLaguna, New MexicoUnited States
  10.36
  -2.2%-6.2%
  18.3%33.5%
  6.8%6.2%
  4.9%4.6%
  $21,917$37,638
  $44,881$69,021
  $50,750$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  0.0%6.8%
  0.0%10.0%
  0.0%2.5%
  0.0%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  4.5%4.7%
  4.5%1.9%
  9.6%7.6%
  0.0%0.1%
  0.0%4.2%
  13.4%9.3%
  10.8%14.0%
  17.2%2.1%
  0.6%7.0%
  5.4%4.8%
  34.1%4.7%
Health
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