Los Ojos, NM is a small city located in the Northern Mountains of New Mexico. The city is home to approximately 400 residents and is known for its beautiful natural landscape. Rent in Los Ojos, NM is substantially lower than the US average at $780 for two bedrooms, making it an affordable living option. The Grocery Cost Index in Los Ojos is slightly higher than the US average, but still more cost-effective than most places. Located in Los Ojos are many local businesses that serve the community including Los Ojos Hardware & Lumber Co., Los Ojos Pharmacy & Gifts, and J&L Automotive Repair Shop. With its low rent prices and local businesses, Los Ojos offers a great place to live while still having access to all the amenities of larger cities.
Los Ojos has an unemployment rate of 8.0%. The US average is 6.0%.
Los Ojos has seen the job market decrease by -3.1% over the last year. Future job growth over the next ten years is predicted to be 33.2%, which is lower than the US average of 33.5%.
Tax Rates for Los Ojos
- The Sales Tax Rate for Los Ojos is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Los Ojos 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 Ojos
- The average income of a Los Ojos resident is $34,582 a year. The US average is $37,638 a year.
- The Median household income of a Los Ojos resident is $0 a year. The US average is $69,021 a year.