Windmill, NM is a small town in the US with low median rent prices and affordable grocery costs. Located in the Southwestern region of New Mexico, windmill enjoys a comfortable climate year round making it an ideal place to settle. The median rent for a two-bedroom residence is $800, which is lower than the national average of $1,430. Additionally, the Grocery Cost Index for Windmill is 90 compared to the national average of 100, making it even more economical to live there. There are several local businesses in Windmill such as Sam's Bakery & Cafe, Smiths Supermarket and Garner Tractor Repair that provide goods and services to residents.
Windmill has an unemployment rate of 6.3%. The US average is 6.0%.
Windmill has seen the job market increase by 4.3% over the last year. Future job growth over the next ten years is predicted to be 33.0%, which is lower than the US average of 33.5%.
Tax Rates for Windmill
- The Sales Tax Rate for Windmill is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Windmill 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 Windmill
- The average income of a Windmill resident is $14,809 a year. The US average is $28,555 a year.
- The Median household income of a Windmill resident is $65,815 a year. The US average is $69,021 a year.