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Weed, 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
/ Weed /
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Weed, NM is a small town located in the Southeastern region of New Mexico. It has become a popular destination for people looking to find affordable housing and save money on groceries. 2 bedroom rent in Weed is only $790 compared to the national average of $1,430, while its Grocery Cost Index rating of 92 is 8 points lower than the US average. Popular local businesses include Valley Farms Supermarket, Weed Creations Cafe and The Livery Saloon.
Income by Population Percent
Economy
Weed, New Mexico
United States
Unemployment Rate
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6
Recent Job Growth
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-6.2%
Future Job Growth
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33.5%
Sales Taxes
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6.2%
Income Tax
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4.6%
Income per Cap.
37638
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