San Pedro, NM Economy


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San Pedro, NM is a small town located in the Las Cruces Metropolitan Area. The population of San Pedro is around 1,400 people and it has seen an increase in growth over the past few years. Although San Pedro is small, it offers plenty of job opportunities through local companies such as S&D Printing Company, Los Arcos Mexican Restaurant, and Laughlin Construction. The cost of living in San Pedro is quite affordable with rent for a two-bedroom being $1,620 compared to the US average of $1,430. Additionally, grocery costs are roughly equal measuring at a cost index of 100 in both San Pedro and the US overall. All things considered, San Pedro is an ideal place to live with its low cost of living and ample employment opportunities.

San Pedro has an unemployment rate of 7.5%. The US average is 6.0%.

San Pedro 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 San Pedro
- The Sales Tax Rate for San Pedro is 8.4%. The US average is 7.3%.
- The Income Tax Rate for San Pedro 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 San Pedro
- The average income of a San Pedro resident is $29,509 a year. The US average is $28,555 a year.
- The Median household income of a San Pedro resident is $58,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySan Pedro, New MexicoUnited States
  7.56
  -8.0%-6.2%
  30.5%33.5%
  7.1%6.2%
  4.9%4.6%
  $33,320$37,638
  $58,750$69,021
Family Median Income 85028
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