Cedar Hill, NM is a small town with a population of roughly 5,000 people. It is known for its affordable rent prices and costs of living. The average rent for a two bedroom apartment is $930 per month, while the median rent in the US is $1,430 per month. The Grocery Cost Index in Cedar Hill is 94 versus 100 in the US. \nIn addition to low living costs, Cedar Hill offers plenty of attractions and activities throughout the year. Some local businesses include Fiesta Supermarket, which has been providing fresh groceries to locals since 1995, and the family-owned restaurant TNT's Place which serves traditional Mexican dishes. The town also features plenty of outdoor recreation spots including San Augustin Pass Wilderness Area where visitors can explore miles of trails and panoramic views.
Cedar Hill has an unemployment rate of 9.7%. The US average is 6.0%.
Cedar Hill 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 18.2%, which is lower than the US average of 33.5%.
Tax Rates for Cedar Hill
- The Sales Tax Rate for Cedar Hill is 7.6%. The US average is 7.3%.
- The Income Tax Rate for Cedar Hill 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 Cedar Hill
- The average income of a Cedar Hill resident is $25,962 a year. The US average is $28,555 a year.
- The Median household income of a Cedar Hill resident is $68,194 a year. The US average is $69,021 a year.