Quemado, NM is a small city located in the western part of the state. It is largely rural, with limited amenities and services for its citizens. Rent for two bedroom apartments in Quemado is $780, which is much lower than the national average of $1,430. Also, groceries in Quemado are cheaper than most other places due to its low cost index of 96 compared to 100 in the US. Residents have access to local businesses such as Quemado Feed Store, Quemado Ace Hardware, and Quemado Cafe & Lodge. The community also offers a variety of recreational activities such as fishing, camping, and hiking. Quemado is an ideal place for those looking for a quiet lifestyle and affordability.
Quemado has an unemployment rate of 7.8%. The US average is 6.0%.
Quemado has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 21.0%, which is lower than the US average of 33.5%.
Tax Rates for Quemado
- The Sales Tax Rate for Quemado is 5.7%. The US average is 7.3%.
- The Income Tax Rate for Quemado 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 Quemado
- The average income of a Quemado resident is $18,694 a year. The US average is $37,638 a year.
- The Median household income of a Quemado resident is $0 a year. The US average is $69,021 a year.