De Baca County, NM Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
United States / New Mexico / No Metro Area / De Baca County / Cities / Zip Codes
De Baca, NM County is a small county located in east-central New Mexico. Despite its small size, it offers plenty of opportunities for entertainment and leisure activities. It has stunning landscapes and sites to explore, such as mountain ranges and hiking trails. Residents can also enjoy notable local attractions like the historic Fort Sumner Museum and De Baca County Historical Museum. Economically, it has a great deal to offer with businesses ranging from government agencies to agricultural companies like De Baca Farms and De Baca Orchards. The cost of living in the area is quite affordable as well - 2 bedroom rent averages around $800 per month, grocery costs are about 10% lower than the US average, making it an attractive destination for those looking for a more economical lifestyle.

De Baca County has an unemployment rate of 5.3%. The US average is 6.0%.

De Baca County has seen the job market decrease by -4.9% over the last year. Future job growth over the next ten years is predicted to be 13.4%, which is lower than the US average of 33.5%.

Tax Rates for De Baca County
- The Sales Tax Rate for De Baca County is 6.7%. The US average is 7.3%.
- The Income Tax Rate for De Baca County 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 De Baca County
- The average income of a De Baca County resident is $25,942 a year. The US average is $28,555 a year.
- The Median household income of a De Baca County resident is $32,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyDe Baca, New MexicoUnited States
  5.36
  -11.2%-6.2%
  13.4%33.5%
  6.7%6.2%
  4.9%4.6%
  $18,101$37,638
  $32,750$69,021
  $72,517$85,028
  Population by Occupation
  20.5%1.2%
  1.1%0.5%
  23.8%6.8%
  2.5%10.0%
  1.8%2.5%
  0.2%11.0%
  1.8%4.8%
  13.4%0.8%
  0.9%1.9%
  7.6%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  3.9%4.2%
  4.2%9.3%
  8.5%14.0%
  0.0%2.1%
  1.1%7.0%
  0.0%4.8%
  9.0%4.7%
Health