Ponderosa, NM is a beautiful small town nestled in the foothills of the Rocky Mountains. This charming town is known for its affordable cost of living where 2 Bedroom Rent is only $1,420 compared to the national average of $1,430. The Grocery Cost Index in Ponderosa is 92 versus 100 in the US making groceries more affordable. Local companies that have been present in Ponderosa for many years include Wild West Saloon & Grill, Zapata's Mexican Restaurant, and Penrod Carpet Cleaning. These businesses are well-known amongst locals and visitors alike. With its picturesque scenery, Ponderosa offers plenty of attractions to explore such as rustic hiking trails, awe-inspiring mountain views, sprawling parks and lakeside beaches. Whether you’re looking for a nature getaway or seeking a new home, Ponderosa has something special to offer everyone!
Ponderosa has an unemployment rate of 8.0%. The US average is 6.0%.
Ponderosa has seen the job market increase by 3.4% over the last year. Future job growth over the next ten years is predicted to be 37.5%, which is higher than the US average of 33.5%.
Tax Rates for Ponderosa
- The Sales Tax Rate for Ponderosa is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Ponderosa 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 Ponderosa
- The average income of a Ponderosa resident is $20,195 a year. The US average is $28,555 a year.
- The Median household income of a Ponderosa resident is $50,481 a year. The US average is $69,021 a year.