San Miguel, NM is a small town located in the state of New Mexico. It is known for its quiet and peaceful atmosphere, as well as its affordable cost of living. The average two bedroom rent in San Miguel is $950 a month, compared to the US average of $1,430. Groceries are also more affordable in San Miguel with a grocery cost index of 94 versus the US index of 100.
Local businesses that call San Miguel home include Axzons Outdoors & Sports LLC, Agave Lifestyle Co., and Thompson Home Solutions. These companies offer an array of services from outdoor recreation and apparel to home improvement solutions. With such a wide variety of businesses available it's easy to find what you're looking for in this small town.
San Miguel has an unemployment rate of 8.0%. The US average is 6.0%.
San Miguel has seen the job market decrease by -4.0% over the last year. Future job growth over the next ten years is predicted to be 24.0%, which is lower than the US average of 33.5%.
Tax Rates for San Miguel
- The Sales Tax Rate for San Miguel is 6.8%. The US average is 7.3%.
- The Income Tax Rate for San Miguel 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 San Miguel
- The average income of a San Miguel resident is $22,638 a year. The US average is $37,638 a year.
- The Median household income of a San Miguel resident is $0 a year. The US average is $69,021 a year.