Torreon (Sandoval Cnty), NM is a picturesque town located in the Sandoval County. It has a peaceful atmosphere and offers affordable housing to its residents. Rent for a two-bedroom apartment in Torreon costs approximately $880, which is significantly lower than the US average of $1,430. The grocery cost index in Torreon is 88 compared to 100 in the US, making groceries more affordable too. \nThe town has several local companies such as Scott's Automotive and All American Windows & Doors that provide goods and services to its residents. It also boasts some popular attractions such as the Torreon Golf Club, which offers an 18-hole championship golf course, and Valle De Oro National Wildlife Refuge where you can find over 300 species of birds.
Torreon (Sandoval County) has an unemployment rate of 8.0%. The US average is 6.0%.
Torreon (Sandoval County) has seen the job market decrease by -5.5% over the last year. Future job growth over the next ten years is predicted to be 37.5%, which is higher than the US average of 33.5%.
Tax Rates for Torreon (Sandoval County)
- The Sales Tax Rate for Torreon (Sandoval County) is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Torreon (Sandoval County) 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 Torreon (Sandoval County)
- The average income of a Torreon (Sandoval County) resident is $10,522 a year. The US average is $37,638 a year.
- The Median household income of a Torreon (Sandoval County) resident is $0 a year. The US average is $69,021 a year.