Tyrone, NM is a charming small town with a population of around 1,000 people. It offers an affordable cost of living and amenities that are attractive to many. In Tyrone, the average rent for a two-bedroom home is only $800 compared to the U.S. average of $1,430. Additionally, the grocery cost index in Tyrone is 92 versus 100 in the U.S., offering even more savings for residents and visitors alike.
Tyrone has some great businesses like The Local Bean Coffee Shop which serves specialty coffee drinks and snacks and Gourmet to Go which offers take-out meals made with fresh ingredients. For outdoor adventures, Tyrone is located near White Sands National Park where visitors can explore unique dunes and trails or go horseback riding at nearby LazyB Ranch & Outfitters. There are also plenty of family friendly activities available like mini golf at Putt Hutt or visiting local attractions like The Carrizozo Heritage Museum & Art Center or the Valley of Fires Recreation Area which boasts stunning views and recreational activities such as hiking and camping.
The community of Tyrone adds to its appeal by offering events throughout the year such as First Friday Music Nights on Main Street every month or Movies in the Park at Memorial Park during summer months. Residents can get involved through ongoing volunteer projects offered by organizations such as Friends of Carrizozo Schools or Carrizozo Community Outreach Program which both work hard to improve their town each day.
Tyrone has an unemployment rate of 8.2%. The US average is 6.0%.
Tyrone has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 21.4%, which is lower than the US average of 33.5%.
Tax Rates for Tyrone
- The Sales Tax Rate for Tyrone is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Tyrone 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 Tyrone
- The average income of a Tyrone resident is $21,700 a year. The US average is $28,555 a year.
- The Median household income of a Tyrone resident is $48,889 a year. The US average is $69,021 a year.