Chaparral, NM is a small town located in Dona Ana County. It's known for its sunny climate, outdoor recreation opportunities, and affordable living costs. The average rent for a two-bedroom apartment in Chaparral is $840 compared to the US national average of $1,430. Furthermore, the Grocery Cost Index in Chaparral is 91 versus 100 in the US—meaning groceries are more affordable here than other places.
The local economy is supported by businesses such as Chaparral Family Medical Center, Sisbarro Dealerships, and Seneca America Corporation - all of which provide employment opportunities to locals. There are also numerous entertainment venues around town like El Paso Raceway Park and Coyote Moon Casino & Entertainment Complex—making it an ideal spot for those looking to take advantage of all that the area has to offer.
Overall, Chaparral makes an ideal home base for those looking for a safe and affordable place to settle with plenty of job prospects and recreational activities nearby. With its sunny weather year-round and low cost of living, it’s no wonder why so many people choose to call this town home!
Chaparral has an unemployment rate of 7.4%. The US average is 6.0%.
Chaparral has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 22.7%, which is lower than the US average of 33.5%.
Tax Rates for Chaparral
- The Sales Tax Rate for Chaparral is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Chaparral 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 Chaparral
- The average income of a Chaparral resident is $11,461 a year. The US average is $28,555 a year.
- The Median household income of a Chaparral resident is $33,992 a year. The US average is $69,021 a year.