Placitas (Sandoval County), NM Economy


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Placitas (Sandoval Cnty), NM is a charming community located in the heart of New Mexico. The area is known for its beautiful landscapes, rich history, and unique culture. Its cost of living is relatively low compared to the US average, making it an attractive place to live and work. 2 bedroom rent averages $1,510 a month which is lower than the US average of $1,430 per month. Additionally, the Grocery Cost Index in Placitas (Sandoval Cnty), NM is 103 versus 100 in the US. There are plenty of local companies to work for such as Adobe Air Conditioning & Heating Inc., Bob's Tire Shop LLC, and Villamor Construction Co LLC. Local attractions include Coronado State Monument, San Felipe de Neri Church, and Placitas Trail System. With its scenic views and vibrant culture, Placitas (Sandoval Cnty), NM has something to offer everyone!

Placitas (Sandoval County) has an unemployment rate of 8.0%. The US average is 6.0%.

Placitas (Sandoval County) has seen the job market increase by 3.4% over the last year. Future job growth over the next ten years is predicted to be 37.5%, which is higher than the US average of 33.5%.

Tax Rates for Placitas (Sandoval County)
- The Sales Tax Rate for Placitas (Sandoval County) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Placitas (Sandoval County) 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 Placitas (Sandoval County)
- The average income of a Placitas (Sandoval County) resident is $47,595 a year. The US average is $28,555 a year.
- The Median household income of a Placitas (Sandoval County) resident is $89,809 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPlacitas (Sandoval County), New MexicoUnited States
  86
  -5.5%-6.2%
  37.5%33.5%
  6.4%6.2%
  4.9%4.6%
  $59,804$37,638
  $89,809$69,021
  $112,540$85,028
  Population by Occupation
  1.1%1.2%
  0.6%0.5%
  4.9%6.8%
  3.3%10.0%
  1.6%2.5%
  12.0%11.0%
  2.4%4.8%
  0.0%0.8%
  1.8%1.9%
  2.2%4.7%
  1.9%1.9%
  17.7%7.6%
  0.0%0.1%
  8.5%4.2%
  14.4%9.3%
  13.7%14.0%
  3.7%2.1%
  1.6%7.0%
  0.9%4.8%
  7.7%4.7%
Reviews for Placitas (Sandoval County)
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We have researched Placitas for a few years and now with the real estate market going haywire, we have decided to move our online business there by building in  More

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We are considering moving to Placitas from the Eastern high plains of NM. However, I am wondering why there are almost 10% of the housing for sale. The property values  More

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Over 12 years ago

Spectacular views of three mountain ranges, Mount Taylor, and Cabezon Peak, glittering star sparkled night skies, breath taking sunsets, wild horses, pinon scented  More

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