El Duende, NM is an attractive location for people looking for a reasonably priced place to live. Rent on 2 bedroom apartments is $810 in El Duende, while the average rent in the US for a 2 bedroom apartment is $1,430. The local grocery cost index is 95 compared to 100 nationally. There are plenty of local businesses offering great services such as Julian’s Automotive Repair for car repairs and maintenance, Sanchez Law Office for legal advice and representation, and Izzy's Café for delicious home-cooked meals. People living in El Duende enjoy easy access to all these services at relatively lower prices than other places.
El Duende has an unemployment rate of 8.0%. The US average is 6.0%.
El Duende has seen the job market decrease by -3.1% over the last year. Future job growth over the next ten years is predicted to be 33.2%, which is lower than the US average of 33.5%.
Tax Rates for El Duende
- The Sales Tax Rate for El Duende is 6.9%. The US average is 7.3%.
- The Income Tax Rate for El Duende 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 Duende
- The average income of a El Duende resident is $9,603 a year. The US average is $37,638 a year.
- The Median household income of a El Duende resident is $0 a year. The US average is $69,021 a year.