Mimbres, NM Economy


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Mimbres, NM is a great place to call home! The cost of living here is lower than the national average, with 2 Bedroom rentals averaging around $790 per month. Grocery costs are also lower than the US average, making it ideal for those looking for affordable living. The area has many local companies including Mimbres Watershed Market, Moonstone Mining Company, and the Hotel Mimbres Valley. Popular attractions in town include the Gila National Forest, Big Hatchet Peak, and Lake Roberts. There's something for everyone in Mimbres!

Mimbres has an unemployment rate of 8.2%. The US average is 6.0%.

Mimbres has seen the job market decrease by -7.4% over the last year. Future job growth over the next ten years is predicted to be 21.4%, which is lower than the US average of 33.5%.

Tax Rates for Mimbres
- The Sales Tax Rate for Mimbres is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Mimbres 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 Mimbres
- The average income of a Mimbres resident is $28,890 a year. The US average is $37,638 a year.
- The Median household income of a Mimbres resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMimbres, New MexicoUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
Household Income 69021
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