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Timberon, NM Economy
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United States
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New Mexico
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Alamogordo Metro Area
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Otero County
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Timberon, NM is an affordable city in the Southwest and a great spot for those looking to relocate. The average cost of rent for a two-bedroom apartment is $790 per month, far lower than the US average of $1,430. It's also cheaper to buy groceries in Timberon than elsewhere in the US with an index of 90 versus 100. There are various local businesses too, such as Top Dollar Pawn Shop offering loan services, Tierra Blanca Ranch providing outdoor activities and accommodations, and Anita’s Home Cooking serving delicious Mexican cuisine. Overall, Timberon is ideal for anyone looking for a tight-knit community and low cost living.
Income by Population Percent
Economy
Timberon, New Mexico
United States
Unemployment Rate
7.4
6
Recent Job Growth
-0.9%
-6.2%
Future Job Growth
22.7%
33.5%
Sales Taxes
7.8%
6.2%
Income Tax
4.9%
4.6%
Income per Cap.
$20,361
$37,638
Household Income
69021
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