Los Alamos, NM Economy


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Los Alamos, NM is a small city located in northern New Mexico with a population of around 12,000 people. It is best known as the birthplace of the atomic bomb and continues to be an important scientific destination today. It has a vibrant economy with many local companies including Los Alamos National Bank, Los Alamos Medical Center, and Los Alamos National Laboratory. The cost of living in Los Alamos is lower than the US average, with 2 bedroom rents averaging $780 compared to the US average of $1,430. Additionally, the Grocery Cost Index in Los Alamos is on par with the index in the US at 100 on both measurements.
Los Almos has much to offer its residents beyond its strong economy. With year-round outdoor activities such as hiking at Valles Caldera or skiing at Ski Apache there is something for everyone. It is also home to several cultural attractions such as Fuller Lodge Art Center and Bradbury Science Museum as well as great restaurants like La Cocina Restaurant & Cantina and The Bistro/Café Terrace. With its rich history and diverse offerings, it's no wonder that so many people call Los Alamos home.

Los Alamos has an unemployment rate of 3.1%. The US average is 6.0%.

Los Alamos has seen the job market increase by 3.1% over the last year. Future job growth over the next ten years is predicted to be 46.5%, which is higher than the US average of 33.5%.

Tax Rates for Los Alamos
- The Sales Tax Rate for Los Alamos is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Los Alamos 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 Los Alamos
- The average income of a Los Alamos resident is $52,891 a year. The US average is $28,555 a year.
- The Median household income of a Los Alamos resident is $118,293 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLos Alamos, New MexicoUnited States
  3.16
  3.2%-6.2%
  46.5%33.5%
  7.3%6.2%
  4.9%4.6%
  $65,827$37,638
  $118,293$69,021
  $147,383$85,028
  Population by Occupation
  0.1%1.2%
  0.5%0.5%
  2.7%6.8%
  2.0%10.0%
  0.3%2.5%
  3.3%11.0%
  1.1%4.8%
  0.7%0.8%
  1.7%1.9%
  0.3%4.7%
  0.3%1.9%
  52.2%7.6%
  0.0%0.1%
  2.7%4.2%
  5.3%9.3%
  7.2%14.0%
  3.0%2.1%
  7.2%7.0%
  3.3%4.8%
  6.2%4.7%
Reviews for Los Alamos
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I've lived here for 8 years now. Fantastic weather, beautiful scenery and outdoor recreation. Close-knit, welcoming and well-educated community that is safe and provides  More

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Over 6 years ago

This school is not what it once was, and it is far from the best school in Los Alamos. If your child is a student here: 1) expect unresponsive teachers who manage your  More

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November 1, 2010 If you like bright blue skies and bountiful sunshine with spectacular views in every direction (blue skies & sunshine only 90-95% of the time),  More

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