McCartys Village, NM Economy


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McCartys Village, NM is a great place to live due to its low cost of living. The average rent for a two bedroom apartment in McCartys Village is only $800, whereas the national average is $1,430. The Grocery Cost Index is also lower than the US at 85 versus 100. Not only does McCartys Village have a low cost of living, but it also boasts several local companies that contribute to its economy. These companies include Robinson's Masonry, S&S Construction, and Marty's Auto Repair. All these businesses provide jobs for locals and contribute to the vibrant economy of McCartys Village.

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

McCartys Village 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 McCartys Village
- The Sales Tax Rate for McCartys Village is 8.1%. The US average is 7.3%.
- The Income Tax Rate for McCartys Village 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 McCartys Village
- The average income of a McCartys Village resident is $12,698 a year. The US average is $28,555 a year.
- The Median household income of a McCartys Village resident is $39,300 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMcCartys Village, New MexicoUnited States
  10.36
  -2.2%-6.2%
  18.3%33.5%
  6.8%6.2%
  4.9%4.6%
  $14,982$37,638
  $39,300$69,021
Family Median Income 85028
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