House, NM is a small town with a population of around 3,500. It is located in the southeast corner of New Mexico and borders Texas to the east. Living in House is affordable, with two bedroom rent averaging at $770 compared to the US average of $1,430. Grocery costs are also lower than the national average; House’s Grocery Cost Index is 90 versus 100 in the US.
Local companies to enjoy include Dairy Queen, El Charro Mexican restaurant, and Legacy Landscaping services. The Town of House also has a library for locals to borrow books or access computers, as well as a swimming pool for those hot summer days. For those looking for outdoor activities there are several trails along nearby rivers and lakes that offer camping spots and beautiful views.
House has an unemployment rate of 7.5%. The US average is 6.0%.
House has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 26.0%, which is lower than the US average of 33.5%.
Tax Rates for House
- The Sales Tax Rate for House is 6.7%. The US average is 7.3%.
- The Income Tax Rate for House 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 House
- The average income of a House resident is $25,327 a year. The US average is $28,555 a year.
- The Median household income of a House resident is $22,857 a year. The US average is $69,021 a year.