Villanueva, NM is a small community located in New Mexico. It is a great place to live due to its low cost of living compared to other parts of the United States. Rent for two bedroom apartments in Villanueva is only $810, which is a fraction of the national average rent of $1,430. The cost of groceries is also much lower than the US average at 89 as compared to 100 in the US. There are many local businesses in Villanueva that offer goods and services such as home repair services by Sendero Services LLC, electrical services provided by Xtreme Electric LLC, and landscaping services from Greenline Landscapes & Design. Residents of Villanueva enjoy living there due to its low cost of living and local companies providing reliable services at reasonable rates.
Villanueva has an unemployment rate of 8.2%. The US average is 6.0%.
Villanueva has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 21.1%, which is lower than the US average of 33.5%.
Tax Rates for Villanueva
- The Sales Tax Rate for Villanueva is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Villanueva 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 Villanueva
- The average income of a Villanueva resident is $5,157 a year. The US average is $28,555 a year.
- The Median household income of a Villanueva resident is $17,539 a year. The US average is $69,021 a year.