Sombrillo, NM is a great place to live for those looking for an affordable lifestyle. The average two-bedroom rent in Sombrillo is $1,030 compared to the national average of $1,430. This price savings can be applied to other areas of life such as groceries; in Sombrillo the Grocery Cost Index is 96 versus 100 in the US.
Sombrillo has a variety of businesses including local companies such as La Casa Restaurant & Cantina, MJ's Auto Parts and Schlosser Construction LLC. There is also a strong local job market with many jobs available due to its close proximity to large cities like Denver and Albuquerque. These cities provide excellent employment opportunities for those looking to work in fields such as IT, hospitality and manufacturing.
Sombrillo has an unemployment rate of 7.5%. The US average is 6.0%.
Sombrillo has seen the job market decrease by -8.0% over the last year. Future job growth over the next ten years is predicted to be 30.5%, which is lower than the US average of 33.5%.
Tax Rates for Sombrillo
- The Sales Tax Rate for Sombrillo is 8.4%. The US average is 7.3%.
- The Income Tax Rate for Sombrillo 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 Sombrillo
- The average income of a Sombrillo resident is $50,079 a year. The US average is $37,638 a year.
- The Median household income of a Sombrillo resident is $0 a year. The US average is $69,021 a year.