Cordova, NM is a small town located in the state of New Mexico. It is known for its vibrant culture and friendly atmosphere. The cost of living in Cordova, NM is much lower than the US average with two-bedroom rent averaging $780 compared to $1,430 in the US. Additionally, the Grocery Cost Index in Cordova is higher at 102 versus 100 in the US. \nThe town has many local businesses that contribute to its vibrant atmosphere. These include The Copper Pot Restaurant, Yerba Coffee Company, and Village Shop Antiques & Gifts. All three businesses offer unique experiences and items that are not found anywhere else. Additionally, there are several other local businesses such as stores and restaurants that make up this diverse town.
Cordova has an unemployment rate of 8.0%. The US average is 6.0%.
Cordova has seen the job market decrease by -3.1% 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 Cordova
- The Sales Tax Rate for Cordova is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Cordova 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 Cordova
- The average income of a Cordova resident is $58,796 a year. The US average is $37,638 a year.
- The Median household income of a Cordova resident is $0 a year. The US average is $69,021 a year.