Santa Clara, New Mexico is a delightful town located just north of El Paso with plenty to offer. Rent for two bedroom apartments in the area averages at $640, which is cheaper than the national average of $1,430. Grocery costs are also low due to the cost index being 89 in Santa Clara compared to 100 in the US. In terms of employment, Santa Clara offers exciting job opportunities such as working at Tenneco Inc., or Silicon Ranch Corporation. There are also many small businesses that contribute to the economy of this small town offering additional services and goods to local residents.
Santa Clara has an unemployment rate of 8.2%. The US average is 6.0%.
Santa Clara has seen the job market decrease by -7.4% over the last year. Future job growth over the next ten years is predicted to be 21.4%, which is lower than the US average of 33.5%.
Tax Rates for Santa Clara
- The Sales Tax Rate for Santa Clara is 7.6%. The US average is 7.3%.
- The Income Tax Rate for Santa Clara 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 Santa Clara
- The average income of a Santa Clara resident is $19,266 a year. The US average is $37,638 a year.
- The Median household income of a Santa Clara resident is $31,750 a year. The US average is $69,021 a year.