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Nogal, NM Economy
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Lincoln County
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Nogal, NM is a great place to live and work. The rent for two bedroom apartments is $790, which is much lower than the national average of $1,430. Additionally, the cost of groceries in Nogal is only 99 index points compared to 100 in the US, making groceries an excellent bargain for locals. Nogal has many local businesses and services that make it a great place to live, including the Nogal Public Library, Nogal Market and Deli, and Bob's Hardware Store. These local businesses help keep life in Nogal affordable while providing excellent service. In comparison to many other places in the US, living in Nogal can be quite affordable despite its small size.
Income by Population Percent
Economy
Nogal, New Mexico
United States
Unemployment Rate
8.8
6
Recent Job Growth
-5.5%
-6.2%
Future Job Growth
28.0%
33.5%
Sales Taxes
5.5%
6.2%
Income Tax
4.9%
4.6%
Income per Cap.
$35,133
$37,638
Household Income
69021
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