Des Moines, NM is a small city located in the state of New Mexico. It offers affordable housing at an average 2 bedroom rent of $770, when compared to the US average which is $1,430. Additionally, the Grocery Cost Index here is 92 versus 100 in the US. The city is home to several local businesses such as Des Moines Auto Repair and The Big Bear Outfitters & Supply Co. Des Moines also has its own local radio station “KBX-FM” which broadcasts across the entire region. Furthermore, there are multiple local restaurants and attractions such as Two Trails Brewing Co., Pino’s Italian Restaurant and El Paso Zoo that make it an ideal place to live and visit.
Des Moines has an unemployment rate of 4.3%. The US average is 6.0%.
Des Moines has seen the job market decrease by -1.3% over the last year. Future job growth over the next ten years is predicted to be 22.2%, which is lower than the US average of 33.5%.
Tax Rates for Des Moines
- The Sales Tax Rate for Des Moines is 6.1%. The US average is 7.3%.
- The Income Tax Rate for Des Moines 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 Des Moines
- The average income of a Des Moines resident is $17,526 a year. The US average is $28,555 a year.
- The Median household income of a Des Moines resident is $48,438 a year. The US average is $69,021 a year.