Glen Acres, NM is a small town located in the Southwest where residents can enjoy the sunny weather and outdoor activities. The cost of living in Glen Acres is relatively low compared to other places in the US, with an average two-bedroom rent of $730 per month. Additionally, the Grocery Cost Index is 90 versus 100 in the US, making it more affordable for groceries too. This makes Glen Acres an ideal place to live for those looking for an affordable lifestyle. Local companies and attractions include Molly's Bar & Grill, which serves up classic American dishes and has karaoke nights; The Outpost Trading Co., offering all your western wear needs; Big Chief Mountain Adventure Park for thrill seekers; and Desert Winds Golf Course - one of the best courses in the area.
Glen Acres has an unemployment rate of 6.3%. The US average is 6.0%.
Glen Acres has seen the job market decrease by -8.2% over the last year. Future job growth over the next ten years is predicted to be 33.0%, which is lower than the US average of 33.5%.
Tax Rates for Glen Acres
- The Sales Tax Rate for Glen Acres is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Glen Acres 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 Glen Acres
- The average income of a Glen Acres resident is $28,015 a year. The US average is $37,638 a year.
- The Median household income of a Glen Acres resident is $83,750 a year. The US average is $69,021 a year.