Hagerman, NM is a small town in Chaves County with a population of 1,621. It is known for its unique ecological environment and rich cultural heritage. Rent for two bedroom apartments in Hagerman, NM is much lower than the national average, which stands at $1,430. The cost of groceries also stands well below the US average at 90 versus 100. There are several local businesses that serve the community, such as Hagerman Veterinary Hospital and Hagerman Insurance Agency. Additionally, there are several restaurants in the area that offer traditional New Mexican cuisine like Del Norte Restaurant and Chavez Cafe.
Hagerman has an unemployment rate of 7.7%. The US average is 6.0%.
Hagerman has seen the job market decrease by -1.1% over the last year. Future job growth over the next ten years is predicted to be 21.5%, which is lower than the US average of 33.5%.
Tax Rates for Hagerman
- The Sales Tax Rate for Hagerman is 7.6%. The US average is 7.3%.
- The Income Tax Rate for Hagerman 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 Hagerman
- The average income of a Hagerman resident is $20,734 a year. The US average is $37,638 a year.
- The Median household income of a Hagerman resident is $49,917 a year. The US average is $69,021 a year.