San Miguel County, NM Economy


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United States / New Mexico / / San Miguel County / Cities / Zip Codes
San Miguel, NM County is a great place to live. It offers affordable housing with 2 bedroom rent being $800 compared to the US average of $1,430. Grocery costs are also lower in San Miguel, making it more budget friendly for those seeking an affordable living situation. In addition to reasonable rent and groceries, the county is home to many interesting attractions and businesses. Local companies include Allsup's Convenience Store, a family owned business that has been around since 1957, as well as the historic Fort Selden State Monument which was originally built in 1865. Additionally, the nearby Rio Grande Zoo offers educational programs for visitors of all ages and the Santa Fe Opera House is perfect for experiencing theater performances year round. San Miguel County is a wonderful place to live!

San Miguel County has an unemployment rate of 8.2%. The US average is 6.0%.

San Miguel County has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 21.1%, which is lower than the US average of 33.5%.

Tax Rates for San Miguel County
- The Sales Tax Rate for San Miguel County is 7.9%. The US average is 7.3%.
- The Income Tax Rate for San Miguel 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 San Miguel County
- The average income of a San Miguel County resident is $18,355 a year. The US average is $28,555 a year.
- The Median household income of a San Miguel County resident is $36,492 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySan Miguel, New MexicoUnited States
  8.26
  -5.4%-6.2%
  21.1%33.5%
  6.8%6.2%
  4.9%4.6%
  $24,019$37,638
  $36,492$69,021
  $47,078$85,028
  Population by Occupation
  2.7%1.2%
  0.2%0.5%
  9.7%6.8%
  0.9%10.0%
  0.7%2.5%
  7.5%11.0%
  2.2%4.8%
  1.0%0.8%
  0.5%1.9%
  2.0%4.7%
  1.5%1.9%
  2.9%7.6%
  0.0%0.1%
  5.4%4.2%
  16.1%9.3%
  21.9%14.0%
  1.8%2.1%
  6.8%7.0%
  4.1%4.8%
  12.2%4.7%
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