Playas, NM Economy


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United States / New Mexico / No Metro Area / Hidalgo County / Playas / Zip Codes
Playas, NM is a small and charming town located in the US state of New Mexico. It offers a peaceful lifestyle with plenty of outdoor activities to be enjoyed in its natural surroundings. The cost of living is very affordable in Playas, with two bedroom rent coming in at $780, compared to the US average of $1,430. Grocery prices are also lower than average at 90 versus 100 nationally. Companies such as Bataan Memorial Hospital and Whiting Petroleum Corporation are local businesses operating in Playas that provide employment for residents as well as access to healthcare and other services. All in all, Playas is an ideal place for those who are looking to escape the hustle and bustle of city life while still enjoying modern amenities and a low cost of living.

Playas has an unemployment rate of 6.3%. The US average is 6.0%.

Playas has seen the job market decrease by -8.2% over the last year. Future job growth over the next ten years is predicted to be 33.0%, which is lower than the US average of 33.5%.

Tax Rates for Playas
- The Sales Tax Rate for Playas is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Playas 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 Playas
- The average income of a Playas resident is $26,272 a year. The US average is $37,638 a year.
- The Median household income of a Playas resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

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