Los Lunas, NM is a small town located in Valencia County with a population around 14,000 people. The housing costs in Los Lunas are lower than the national average with 2 bedroom rents averaging $1,200 compared to $1,430 nationally. The local cost of groceries is also lower with an index of 93 compared to 100 in the US. This makes Los Lunas an affordable place to live with many local companies operating such as Los Lunas Veterinary Care that provides affordable veterinary services for pets and Big Mamas Home Cooking restaurant which offers delicious home-style meals at reasonable prices. Overall, Los Lunas is an affordable town and a great place to live due to its low cost of living combined with the many businesses that call it home.
Los Lunas has an unemployment rate of 8.0%. The US average is 6.0%.
Los Lunas has seen the job market decrease by -5.4% over the last year. Future job growth over the next ten years is predicted to be 32.7%, which is lower than the US average of 33.5%.
Tax Rates for Los Lunas
- The Sales Tax Rate for Los Lunas is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Los Lunas 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 Lunas
- The average income of a Los Lunas resident is $28,119 a year. The US average is $37,638 a year.
- The Median household income of a Los Lunas resident is $65,617 a year. The US average is $69,021 a year.