Artesia, NM is a great place to live and work. The cost of living in Artesia is lower than the national average, with 2 bedroom rent averages being $1,010 compared to $1,430 in the US. Similarly, the Grocery Cost Index in Artesia is 93 versus 100 in the US. This makes Artesia an attractive place for those who want more bang for their buck. In terms of job opportunities, many local companies in Artesia include Harvest Energy Solutions, Anderson Automotive Group, Southwest Cheese Company and Home Builders Supply Co., Inc. These companies represent a range of industries that provide jobs for many locals.
Artesia has an unemployment rate of 7.3%. The US average is 6.0%.
Artesia has seen the job market decrease by -6.6% over the last year. Future job growth over the next ten years is predicted to be 35.1%, which is higher than the US average of 33.5%.
Tax Rates for Artesia
- The Sales Tax Rate for Artesia is 7.9%. The US average is 7.3%.
- The Income Tax Rate for Artesia 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 Artesia
- The average income of a Artesia resident is $32,032 a year. The US average is $37,638 a year.
- The Median household income of a Artesia resident is $61,582 a year. The US average is $69,021 a year.