Sandia Knolls, NM is a small town located near Albuquerque. It is well known for its scenic views and close proximity to larger towns and cities. Local companies in Sandia Knolls include the Sandia Knolls Market Place, Sunflower Natural Food Co-op, and High Desert Market Place. The cost of living in Sandia Knolls is higher than the US average with rent being more expensive. For example, the average 2 bedroom rent in Sandia Knolls is $1,620 compared to the US average of $1,430. Grocery prices also tend to be higher than the average in the US with a grocery index of 100 versus the US index of 100.
Sandia Knolls has an unemployment rate of 7.3%. The US average is 6.0%.
Sandia Knolls has seen the job market increase by 3.3% over the last year. Future job growth over the next ten years is predicted to be 34.4%, which is higher than the US average of 33.5%.
Tax Rates for Sandia Knolls
- The Sales Tax Rate for Sandia Knolls is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Sandia Knolls 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 Sandia Knolls
- The average income of a Sandia Knolls resident is $32,321 a year. The US average is $28,555 a year.
- The Median household income of a Sandia Knolls resident is $80,000 a year. The US average is $69,021 a year.