Eunice, NM is an attractive city located in the southeastern part of New Mexico. It has a population of 6,717 people and is known for its small-town atmosphere and friendly residents. This charming city is home to many businesses such as Eunice Motors Company, Langer Oil & Gas Company, Medina Plastics Manufacturing Inc., and Doman Industries. The cost of living in Eunice is relatively low compared to the rest of the US. For example, two bedroom rent in Eunice is $990 compared to $1,430 in the rest of the US. Furthermore, the Grocery Cost Index in Eunice is 91 versus 100 in the US. All of these factors make it a desirable place to live or visit for those on a budget.
Eunice has an unemployment rate of 11.3%. The US average is 6.0%.
Eunice has seen the job market increase by 7.8% over the last year. Future job growth over the next ten years is predicted to be 22.3%, which is lower than the US average of 33.5%.
Tax Rates for Eunice
- The Sales Tax Rate for Eunice is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Eunice 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 Eunice
- The average income of a Eunice resident is $29,207 a year. The US average is $28,555 a year.
- The Median household income of a Eunice resident is $66,025 a year. The US average is $69,021 a year.