Ponderosa Pine, NM is an average sized town located in the United States. It has a population of approximately 5,000 people and its economy is largely based on tourism. Rent for two-bedroom apartments in Ponderosa Pine is higher than the national average at $1,570 per month as compared to $1,430 per month nationally. The Grocery Cost Index in Ponderosa Pine is 98 versus 100 in the US. Local companies include Ponderosa Pine Auto Repair, Rocky Mountain Flowers, and Big Sky Biscuits. Despite slightly higher living costs than the US average, Ponderosa Pine remains an attractive place to live due its majestic mountain views and strong sense of community.
Ponderosa Pine has an unemployment rate of 7.3%. The US average is 6.0%.
Ponderosa Pine has seen the job market decrease by -5.1% over the last year. Future job growth over the next ten years is predicted to be 34.4%, which is higher than the US average of 33.5%.
Tax Rates for Ponderosa Pine
- The Sales Tax Rate for Ponderosa Pine is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Ponderosa Pine 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 Ponderosa Pine
- The average income of a Ponderosa Pine resident is $35,367 a year. The US average is $37,638 a year.
- The Median household income of a Ponderosa Pine resident is $74,250 a year. The US average is $69,021 a year.