Nogal, NM is a great place to live and work. The rent for two bedroom apartments is $790, which is much lower than the national average of $1,430. Additionally, the cost of groceries in Nogal is only 99 index points compared to 100 in the US, making groceries an excellent bargain for locals. Nogal has many local businesses and services that make it a great place to live, including the Nogal Public Library, Nogal Market and Deli, and Bob's Hardware Store. These local businesses help keep life in Nogal affordable while providing excellent service. In comparison to many other places in the US, living in Nogal can be quite affordable despite its small size.
Nogal has an unemployment rate of 8.8%. The US average is 6.0%.
Nogal 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 28.0%, which is lower than the US average of 33.5%.
Tax Rates for Nogal
- The Sales Tax Rate for Nogal is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Nogal 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 Nogal
- The average income of a Nogal resident is $35,133 a year. The US average is $37,638 a year.
- The Median household income of a Nogal resident is $0 a year. The US average is $69,021 a year.