Truchas, NM is a small rural town located in the northern part of New Mexico. This area is known for its beautiful landscapes and pristine recreational opportunities in nearby state parks and national forests. Rent prices are considerably lower than the US average, so it is an attractive option for those looking for affordable living. The local grocery cost index is equivalent to the US index which indicates that food prices are also competitively priced. Popular local companies include Truchas Sustainable Foods, High Country Market, Mora Gardens Farmers' Market, and Pinon Coffee Roasters. All of these businesses specialize in locally sourced ingredients and produce. With such a wide variety of businesses and affordable costs of living, Truchas is an ideal place to live or visit.
Truchas has an unemployment rate of 8.0%. The US average is 6.0%.
Truchas has seen the job market decrease by -3.1% over the last year. Future job growth over the next ten years is predicted to be 33.2%, which is lower than the US average of 33.5%.
Tax Rates for Truchas
- The Sales Tax Rate for Truchas is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Truchas 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 Truchas
- The average income of a Truchas resident is $35,571 a year. The US average is $37,638 a year.
- The Median household income of a Truchas resident is $0 a year. The US average is $69,021 a year.