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Escondida, NM Economy
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United States
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New Mexico
/ No Metro Area /
Socorro County
/ Escondida /
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Escondida, NM is a small town located in the central part of New Mexico. It has a population of around 4,000 people and is well known for its affordability and close proximity to larger cities like Albuquerque and Las Cruces. Rent for a two bedroom apartment in Escondida is significantly lower than the national average, coming in at around $800 compared to $1,430 in the US. Grocery prices are also well below the average with an index of 92 versus 100 in the US.
The town boasts several local businesses that make it a great place to live. These include Coronado's Pizzeria & Grill, which serves up delicious Italian food; Philco Novelty Shop for unique gifts; and Big O Tires to help keep your car running smoothly. Escondida offers all these amenities without compromising on affordability or quality of life.
Income by Population Percent
Economy
Escondida, New Mexico
United States
Unemployment Rate
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6
Recent Job Growth
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-6.2%
Future Job Growth
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33.5%
Sales Taxes
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6.2%
Income Tax
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4.6%
Income per Cap.
37638
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