Seama, NM is a small town in New Mexico, offering its residents a low cost of living. On average, the rent for a two-bedroom apartment in Seama is $730 compared to national average of $1,430. Grocery costs in Seama are also much lower at an index of 90 versus 100 in the US. Local companies in Seama include G&R Farms which grows vegetables and fruits on their family farm, Cactus Creek Coffee Roasters who specialize in locally roasted coffee beans, and Edwards Petroleum which sells gasoline. With these affordable prices combined with the natural beauty of the surrounding area, Seama can be an attractive choice for those looking to save money.
Seama has an unemployment rate of 10.3%. The US average is 6.0%.
Seama 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 Seama
- The Sales Tax Rate for Seama is 8.1%. The US average is 7.3%.
- The Income Tax Rate for Seama 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 Seama
- The average income of a Seama resident is $14,450 a year. The US average is $28,555 a year.
- The Median household income of a Seama resident is $35,446 a year. The US average is $69,021 a year.