Aztec, NM is a small city located in the northwest corner of New Mexico. It is home to around 7,000 residents and offers a unique combination of outdoor recreation and rich cultural heritage. Many local businesses are based in Aztec, such as Aztec Brewery, Bear Creek Outfitters, and Coffee House Cafe. The city also has several specialty retail shops like Antique Attic and Yaya's Gifts & Collectibles. The cost of living in Aztec is relatively low when compared to the US average. For example, the median rent for a two-bedroom apartment is approximately $930, while the US median rent for a two-bedroom unit is $1,430. Additionally, the grocery cost index for Aztec is 94 versus 100 in the US. All in all, Aztec offers an affordable lifestyle with plenty of amenities that make it an attractive place to live.
Aztec has an unemployment rate of 9.7%. The US average is 6.0%.
Aztec has seen the job market increase by 2.5% over the last year. Future job growth over the next ten years is predicted to be 18.2%, which is lower than the US average of 33.5%.
Tax Rates for Aztec
- The Sales Tax Rate for Aztec is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Aztec 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 Aztec
- The average income of a Aztec resident is $22,908 a year. The US average is $28,555 a year.
- The Median household income of a Aztec resident is $46,509 a year. The US average is $69,021 a year.