North Valley, NM is a great place to call home. It has many local businesses and amenities that make it an attractive living destination. The two bedroom rent in North Valley is $1,310 which is lower than the US 2 bedroom rent of $1,430. The grocery cost index in North Valley is 97 versus 100 in the US making groceries more affordable for residents. There are plenty of local companies to choose from such as LaFonda Mexican restaurant, Big Mike's Auto Repair, and North Valley Hardware Store. Other amenities include access to the Rio Grande Nature Center, Santa Ana Star Center for sports and events, and Los Poblanos Historic Inn & Organic Farm which offers products made with lavender from their farm.
North Valley has an unemployment rate of 7.3%. The US average is 6.0%.
North Valley has seen the job market increase by 3.3% over the last year. Future job growth over the next ten years is predicted to be 34.4%, which is higher than the US average of 33.5%.
Tax Rates for North Valley
- The Sales Tax Rate for North Valley is 7.5%. The US average is 7.3%.
- The Income Tax Rate for North Valley 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 North Valley
- The average income of a North Valley resident is $27,846 a year. The US average is $28,555 a year.
- The Median household income of a North Valley resident is $61,064 a year. The US average is $69,021 a year.