Tajique, NM Economy


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Tajique, NM is a small rural town located near Albuquerque in central New Mexico. It is well known for its warm hospitality and beautiful landscapes. The cost of living in Tajique, NM is quite low compared to the US average with 2 bedroom rent being $920 as opposed to the US average of $1,430. The Grocery Cost Index here is also comparatively lower at 93 versus 100 in the US. There are various local companies that provide goods and services to the people of Tajique including grocery stores, clothing shops, hardware stores, and cafes. Much of the local economy relies on tourism due to its proximity to Albuquerque and stunning natural beauty. Other services available are medical centers, schools, churches and community organizations that help provide support and guidance for the residents of Tajique.

Tajique has an unemployment rate of 8.8%. The US average is 6.0%.

Tajique has seen the job market decrease by -8.3% over the last year. Future job growth over the next ten years is predicted to be 28.1%, which is lower than the US average of 33.5%.

Tax Rates for Tajique
- The Sales Tax Rate for Tajique is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Tajique 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 Tajique
- The average income of a Tajique resident is $7,561 a year. The US average is $37,638 a year.
- The Median household income of a Tajique resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyTajique, New MexicoUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
Household Income 69021
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