Rio en Medio, NM is a small town located in the state of New Mexico. The area is known for its natural beauty, with mountains and vast plains stretching out across the landscape. The cost of living in Rio en Medio is quite low when compared to the rest of the United States - rent for a two bedroom apartment averages $1130 per month, and the grocery cost index of 102 is lower than the national average of 100. There are many local companies and attractions to enjoy when visiting Rio en Medio. From outdoor activities like horseback riding provided by El Rancho Del Sol, hiking on the Pecos National Historical Park trails, or visiting art galleries such as Casa de Adobe Studios, there are plenty of ways to keep busy in this charming town.
Rio en Medio has an unemployment rate of 7.5%. The US average is 6.0%.
Rio en Medio has seen the job market increase by 3.1% over the last year. Future job growth over the next ten years is predicted to be 30.5%, which is lower than the US average of 33.5%.
Tax Rates for Rio en Medio
- The Sales Tax Rate for Rio en Medio is 7.1%. The US average is 7.3%.
- The Income Tax Rate for Rio en Medio 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 Rio en Medio
- The average income of a Rio en Medio resident is $37,934 a year. The US average is $28,555 a year.
- The Median household income of a Rio en Medio resident is $58,194 a year. The US average is $69,021 a year.