Youngsville, NM is an affordable small town located in the state of New Mexico. It has a population of around 4,000 people and a cost of living index that is lower than the national average. Rent for a two bedroom apartment is $780 per month and the local grocery cost index is 98 compared to 100 in the US. Youngsville is home to several local businesses such as Youngsville Motors, Ace Automotive Repair and Parts, The Flower Garden Florist Shop and more. Additionally, it's also close to many other major cities like Albuquerque which makes it ideal for those wanting to commute elsewhere while maintaining a small town environment.
Youngsville has an unemployment rate of 8.0%. The US average is 6.0%.
Youngsville has seen the job market increase by 2.5% over the last year. Future job growth over the next ten years is predicted to be 33.2%, which is lower than the US average of 33.5%.
Tax Rates for Youngsville
- The Sales Tax Rate for Youngsville is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Youngsville 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 Youngsville
- The average income of a Youngsville resident is $13,688 a year. The US average is $28,555 a year.
- The Median household income of a Youngsville resident is $18,276 a year. The US average is $69,021 a year.