Beclabito, NM is a small town in the Navajo County of New Mexico. It is known for its rustic charm and being off the beaten path. The population of Beclabito is fairly small, but that doesn't mean there aren't things to do or places to visit. The cost of living in Beclabito is quite low compared to national averages. For example, two bedroom rent in Beclabito is around $790 while the US average for a two bedroom rent is around $1,430. Likewise, groceries are significantly lower here with an index score of 90 compared to 100 nationally. Companies based out of Beclabito NM include Navajo Gold Casino and Farmington River Trading Post & Gallery which offer a variety of items from jewelry to pottery for sale. All in all, Beclabito offers a very affordable lifestyle where residents can enjoy all the benefits that rural living has to offer without breaking their budget.
Beclabito has an unemployment rate of 9.7%. The US average is 6.0%.
Beclabito 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 Beclabito
- The Sales Tax Rate for Beclabito is 7.6%. The US average is 7.3%.
- The Income Tax Rate for Beclabito 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 Beclabito
- The average income of a Beclabito resident is $14,364 a year. The US average is $28,555 a year.
- The Median household income of a Beclabito resident is $46,875 a year. The US average is $69,021 a year.