Tesuque, NM Economy


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Tesuque, NM is a small community located in Santa Fe County. It is known for its natural beauty and vibrant culture. The cost of living in Tesuque is relatively low compared to other areas of the US; two bedroom rent averages at $1,150 while the US average is $1,430. Grocery costs are also lower with a grocery cost index of 107 versus 100 in the US. There are several local businesses that help make Tesuque an attractive place to live and work. These include local stores like Tesuque Market, restaurants such as Casa Chimayo Restaurant & Bar, and services like Good Earth Realty Group Inc. All these businesses offer excellent services and products that contribute to making Tesuque a great place to live and thrive.

Tesuque has an unemployment rate of 7.5%. The US average is 6.0%.

Tesuque has seen the job market increase by 3.1% 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 Tesuque
- The Sales Tax Rate for Tesuque is 8.4%. The US average is 7.3%.
- The Income Tax Rate for Tesuque 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 Tesuque
- The average income of a Tesuque resident is $74,135 a year. The US average is $28,555 a year.
- The Median household income of a Tesuque resident is $82,589 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyTesuque, New MexicoUnited States
  7.56
  -8.0%-6.2%
  30.5%33.5%
  7.1%6.2%
  4.9%4.6%
  $97,305$37,638
  $82,589$69,021
  $154,265$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  2.0%6.8%
  1.2%10.0%
  4.0%2.5%
  8.1%11.0%
  0.0%4.8%
  5.2%0.8%
  2.2%1.9%
  0.2%4.7%
  7.2%1.9%
  22.7%7.6%
  0.0%0.1%
  2.5%4.2%
  8.6%9.3%
  10.4%14.0%
  6.7%2.1%
  4.4%7.0%
  13.1%4.8%
  1.5%4.7%
Health
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