El Cerro Mission is a small town located in New Mexico. The cost of living is relatively lower than the US average, with 2 bedroom rent being $1,200 as compared to the national average of $1,430. Grocery Cost Index for El Cerro Mission is 93 versus 100 in the US. This makes it an attractive place for those looking to save money. The town has a variety of local businesses including shops and restaurants such as El Ranchero Market, Cousins BBQ Smokehouse, and La Oaxacanita Bakery. There are also banks and medical facilities such as Bank of America and Presbyterian Women's Clinic - El Cerro Mission. Residents can enjoy outdoor activities such as hiking and biking at Cabezon Peak Trail and El Camino Real de Tierra Adentro National Historic Trail.
El Cerro Mission has an unemployment rate of 8.0%. The US average is 6.0%.
El Cerro Mission 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 El Cerro Mission
- The Sales Tax Rate for El Cerro Mission is 6.9%. The US average is 7.3%.
- The Income Tax Rate for El Cerro Mission 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 El Cerro Mission
- The average income of a El Cerro Mission resident is $12,786 a year. The US average is $28,555 a year.
- The Median household income of a El Cerro Mission resident is $37,019 a year. The US average is $69,021 a year.