White Rock, NM is a small community located in northern New Mexico. The area provides charming scenery and a quiet lifestyle for residents. The cost of living in White Rock, NM is relatively low when compared to other areas in the US. Rent for a two bedroom apartment is an affordable $1,190 per month and the Grocery Cost Index is the same as that found nationally at 100. There are several local businesses operating in White Rock including the acclaimed Stables at Lazy K Ranch for horseback riding lessons, Las Placitas Restaurant offering Mexican cuisine, and Kiva Shopping Center with its unique selection of goods. All these amenities make White Rock an attractive option for those looking to settle down outside of big cities while still benefiting from modern conveniences.
White Rock has an unemployment rate of 3.1%. The US average is 6.0%.
White Rock 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 46.5%, which is higher than the US average of 33.5%.
Tax Rates for White Rock
- The Sales Tax Rate for White Rock is 7.3%. The US average is 7.3%.
- The Income Tax Rate for White Rock 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 White Rock
- The average income of a White Rock resident is $47,437 a year. The US average is $28,555 a year.
- The Median household income of a White Rock resident is $135,500 a year. The US average is $69,021 a year.