Pinehill, NM is a small town located in the desert region of New Mexico, with a close-knit community and many local businesses. The cost of living in Pinehill is quite affordable compared to other parts of the US - for example, 2 bedroom rent is $720 compared to $1,430 nationally. This makes it an attractive option for those looking to live here on a budget. Not only that but the Grocery Cost Index is 90 versus 100 nationally, making it even more appealing for those looking for value. Some of the local businesses include Second Chances Thrift Store, Pinehill Family Clinic and Fandango Mexican Restaurant. All in all, Pinehill is an ideal place for individuals or families who want to experience small-town living while keeping their costs low.
Pinehill has an unemployment rate of 10.3%. The US average is 6.0%.
Pinehill 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 Pinehill
- The Sales Tax Rate for Pinehill is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Pinehill 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 Pinehill
- The average income of a Pinehill resident is $21,977 a year. The US average is $28,555 a year.
- The Median household income of a Pinehill resident is $28,750 a year. The US average is $69,021 a year.