Paradise Hills, NM is an ideal place to live for those who wish to enjoy the beauty of the great outdoors without breaking their budget. The average 2 bedroom rent is $1,400 which is significantly lower than the US average at $1,430. Additionally, costs of groceries are even cheaper as Paradise Hills operates on a Grocery Cost Index of 97 compared to 100 in the US. This makes it a great spot for families and individuals alike to save money while still having access to all types of amenities. Paradise Hills is home to many different local companies such as Paradise Valley Engineering, S-E Motorsports, and G & A Plumbing Supply. Each of these businesses offer excellent services that contribute greatly to the community and ensure that Paradise Hills remains one of the most sought-after locations in New Mexico.
Paradise Hills has an unemployment rate of 7.3%. The US average is 6.0%.
Paradise Hills 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 Paradise Hills
- The Sales Tax Rate for Paradise Hills is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Paradise Hills 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 Paradise Hills
- The average income of a Paradise Hills resident is $29,709 a year. The US average is $28,555 a year.
- The Median household income of a Paradise Hills resident is $59,773 a year. The US average is $69,021 a year.