Pinos Altos, NM Economy


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Pinos Altos, NM is a small town situated in southwestern New Mexico. It has a population of under 500 people and is known for its beautiful terrain and outdoor activities such as hiking, mountain biking, fishing, and camping. The town offers two bedroom rentals at an average price of $790 per month which is significantly lower than the US average of $1,430 per month. Additionally, the grocery cost index in Pinos Altos is 93 compared to the national index of 100. Local businesses include the Pinos Altos Cafe & Saloon, Pinos Altos Gila National Forest Museum & Visitor Center, Pinos Altos Art Gallery & Gift Shop, and Oreja Negra Coffee House. There are also several restaurants in town that offer delicious local cuisine such as the Bluebird Cafe and Las Palmas Mexican Restaurant.

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

Pinos Altos 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 Pinos Altos
- The Sales Tax Rate for Pinos Altos is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Pinos Altos 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 Pinos Altos
- The average income of a Pinos Altos resident is $22,512 a year. The US average is $37,638 a year.
- The Median household income of a Pinos Altos resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

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