Rio Lucio, New Mexico is an attractive town located in the south of the state. It is known for its affordable living, with 2 bedroom rentals averaging at $940 compared to national averages of $1,430. Residents also benefit from lower than national average grocery cost index at 93 versus 100 in the US. \nThe town offers a rich and diverse cultural experience for all who visit or live here with a number of popular attractions such as White Sands National Park, Spaceport America and Carlsbad Caverns National Park. In terms of businesses, notable companies include Southwest Airlines, TriCore Reference Laboratories and Home Creations. For those looking to further their education there are excellent schools in Rio Lucio such as Gadsden Independent School District and Las Cruces Public Schools.
Rio Lucio has an unemployment rate of 10.5%. The US average is 6.0%.
Rio Lucio has seen the job market increase by 2.6% over the last year. Future job growth over the next ten years is predicted to be 30.2%, which is lower than the US average of 33.5%.
Tax Rates for Rio Lucio
- The Sales Tax Rate for Rio Lucio is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Rio Lucio 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 Rio Lucio
- The average income of a Rio Lucio resident is $19,869 a year. The US average is $28,555 a year.
- The Median household income of a Rio Lucio resident is $40,000 a year. The US average is $69,021 a year.