Adelino, NM Economy


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Adelino, NM is a small community located in the United States. It is known for its tight-knit community and great views of the surrounding countryside. There is an abundance of local businesses in Adelino, from grocery stores like Smith's Food and Drug to restaurants like Big Joe's Grill. Rent for two bedroom apartments in Adelino is about $1,200 per month which is significantly lower than the national average of $1,430 per month. The cost of groceries in Adelino is also lower than the US average with a grocery cost index at 93 compared to 100 in the US. All these factors make Adelino a great place to live with an attractive cost of living.

Adelino has an unemployment rate of 8.0%. The US average is 6.0%.

Adelino has seen the job market increase by 3.4% over the last year. Future job growth over the next ten years is predicted to be 32.7%, which is lower than the US average of 33.5%.

Tax Rates for Adelino
- The Sales Tax Rate for Adelino is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Adelino 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 Adelino
- The average income of a Adelino resident is $21,721 a year. The US average is $28,555 a year.
- The Median household income of a Adelino resident is $42,500 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAdelino, New MexicoUnited States
  86
  -5.4%-6.2%
  32.7%33.5%
  5.1%6.2%
  4.9%4.6%
  $25,896$37,638
  $42,500$69,021
Family Median Income 85028
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