San Rafael, NM is a small town in New Mexico with a unique culture and friendly atmosphere. Many local businesses help make this town a great place to live; some of these include Mark's Hardware, San Rafael Lumber Company, and San Rafael Mercantile. The Grocery Cost Index is an indicator of how much groceries cost in different towns relative to one another. For example, the cost of groceries in San Rafael, NM is 91 compared to 100 in the US. This means that groceries in San Rafael are cheaper than average when compared to other cities.
San Rafael has an unemployment rate of 10.3%. The US average is 6.0%.
San Rafael has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 18.3%, which is lower than the US average of 33.5%.
Tax Rates for San Rafael
- The Sales Tax Rate for San Rafael is 6.8%. The US average is 7.3%.
- The Income Tax Rate for San Rafael 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 Rafael
- The average income of a San Rafael resident is $27,834 a year. The US average is $28,555 a year.
- The Median household income of a San Rafael resident is $74,059 a year. The US average is $69,021 a year.