Sandoval County, NM Economy


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United States / New Mexico / / Sandoval County / Cities / Zip Codes
Sandoval, NM County is an attractive place to live due to its affordable two bedroom rent of $1,140, which is much lower than the US average of $1,430. Additionally, it has a low grocery cost index score of 94 compared to the US average of 100. There are many great local companies and attractions in Sandoval, NM County such as High Desert Brewing Company, Santa Fe Opera House, and Santa Ana Star Casino. The county also offers excellent hiking and camping opportunities at Coronado State Monument and El Malpais National Monument. Finally, Sandoval County is home to some beautiful wineries like Tamaya Winery that offer tours and tastings year-round.

Sandoval County has an unemployment rate of 8.0%. The US average is 6.0%.

Sandoval County has seen the job market increase by 3.4% over the last year. Future job growth over the next ten years is predicted to be 37.5%, which is higher than the US average of 33.5%.

Tax Rates for Sandoval County
- The Sales Tax Rate for Sandoval County is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Sandoval 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 Sandoval County
- The average income of a Sandoval County resident is $26,916 a year. The US average is $28,555 a year.
- The Median household income of a Sandoval County resident is $68,947 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySandoval, New MexicoUnited States
  86
  -5.5%-6.2%
  37.5%33.5%
  5.1%6.2%
  4.9%4.6%
  $32,246$37,638
  $68,947$69,021
  $78,881$85,028
  Population by Occupation
  1.0%1.2%
  0.3%0.5%
  7.0%6.8%
  5.3%10.0%
  2.8%2.5%
  12.3%11.0%
  3.2%4.8%
  0.9%0.8%
  1.8%1.9%
  4.3%4.7%
  2.9%1.9%
  7.9%7.6%
  0.0%0.1%
  4.0%4.2%
  8.4%9.3%
  15.2%14.0%
  2.8%2.1%
  6.5%7.0%
  5.4%4.8%
  8.0%4.7%
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