Los Alamos County, NM Economy


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United States / New Mexico / / Los Alamos County / Cities / Zip Codes
equestId":"15fdcf99-0a5c-41c3-a933-88fcb5f7994e","resource":"content","data":[{"id":"txt_7dfb48a98f47472692ae512a9605ef39","text":", and describe the local economy.\nLos Alamos County, New Mexico is located in the Rio Grande Valley of Northern New Mexico. It's an area known for its vibrant culture, diverse natural beauty, and strong economy. The county has a population of over 18,000 people and is home to Los Alamos National Laboratory, Sandia National Laboratories, Intel Corporation, Jabil Circuit Inc., and the University of California at Los Alamos. The local economy is supported by industries such as defense, science & technology, construction, healthcare & social assistance, educational services, retail trade and much more. Employers in Los Alamos County offer competitive wages and benefit packages which help to attract a skilled workforce from around the region. Additionally, housing costs are relatively low with two bedroom rents costing on average $1,200 compared to $1,430 nation-wide while grocery cost index remains 100 versus 100 in the US making it an attractive option for many individuals.

Los Alamos County has an unemployment rate of 3.1%. The US average is 6.0%.

Los Alamos County has seen the job market increase by 3.1% over the last year. Future job growth over the next ten years is predicted to be 46.5%, which is higher than the US average of 33.5%.

Tax Rates for Los Alamos County
- The Sales Tax Rate for Los Alamos County is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Los Alamos 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 Los Alamos County
- The average income of a Los Alamos County resident is $50,723 a year. The US average is $28,555 a year.
- The Median household income of a Los Alamos County resident is $123,677 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLos Alamos, New MexicoUnited States
  3.16
  3.2%-6.2%
  46.5%33.5%
  7.3%6.2%
  4.9%4.6%
  $64,521$37,638
  $123,677$69,021
  $150,195$85,028
  Population by Occupation
  0.1%1.2%
  0.5%0.5%
  2.3%6.8%
  1.7%10.0%
  0.2%2.5%
  3.1%11.0%
  1.0%4.8%
  0.5%0.8%
  1.2%1.9%
  0.7%4.7%
  1.4%1.9%
  51.8%7.6%
  0.0%0.1%
  2.3%4.2%
  8.0%9.3%
  7.3%14.0%
  2.2%2.1%
  5.9%7.0%
  2.7%4.8%
  7.1%4.7%
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