La Jara, NM is a small town located in the San Luis Valley of Colorado. It has a population of just over 1,000 people and is known for its rural agricultural roots. The 2 bedroom rent in La Jara is much lower than the US average at $910 per month compared to $1,430. Food prices are also lower than the national average with a grocery cost index of 92 versus 100 for the US. There are a few local companies that make up the economy of La Jara; they include GeoEnvironmental & Engineering Services Inc., SLV Insurance Agency, and Zimmerman Realty Group LLC. Each of these businesses serves to boost the local economy by providing employment opportunities for residents and helping to keep costs down for goods and services.
La Jara has an unemployment rate of 8.0%. The US average is 6.0%.
La Jara has seen the job market decrease by -5.5% over the last year. Future job growth over the next ten years is predicted to be 37.5%, which is higher than the US average of 33.5%.
Tax Rates for La Jara
- The Sales Tax Rate for La Jara is 6.3%. The US average is 7.3%.
- The Income Tax Rate for La Jara 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 La Jara
- The average income of a La Jara resident is $15,731 a year. The US average is $37,638 a year.
- The Median household income of a La Jara resident is $0 a year. The US average is $69,021 a year.