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Las Palomas, NM Economy
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Sierra County
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Las Palomas, NM is a suburb located in Dona Ana County. This small town is known for its low cost of living and peaceful atmosphere. The average rent for a two bedroom apartment here is $780 compared to the US average of $1,430 making it an ideal place to live. Additionally, the local grocery cost index here is 93 compared to 100 in the US, further adding to the area's affordability. Las Palomas is home to several local businesses including El Sol Mexican Restaurant, La Hacienda Grocery Store and Las Palomas Medical Center. Residents of this town enjoy a relaxed lifestyle with plenty of outdoor activities nearby such as hiking and biking trails at Mesilla Valley Bosque State Park.
Income by Population Percent
Economy
Las Palomas, New Mexico
United States
Unemployment Rate
9.4
6
Recent Job Growth
2.1%
-6.2%
Future Job Growth
29.8%
33.5%
Sales Taxes
6.9%
6.2%
Income Tax
4.9%
4.6%
Income per Cap.
$30,267
$37,638
Household Income
69021
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