Eddy County, New Mexico is a great place to live and work. The two bedroom rent in Eddy county is much more affordable than the US average, at just $1,010 compared to $1,430. Additionally, groceries are even cheaper than the US average with an index of 94 versus 100. This makes it a great choice for anyone looking for a cheaper cost of living.
The county has plenty of local businesses and institutions that make it a great place to live and work. These include local companies such as Ocotillo Construction Group LLC and S2 Energy Solutions Inc., as well as many institutions like New Mexico State University Carlsbad campus or Memorial Medical Center-Las Cruces. Eddy County is also close to attractions such as Sitting Bull Falls Recreation Area and Living Desert Zoo & Gardens State Park. With plenty of job opportunities and affordable housing, Eddy County is a great place to call home.
Eddy County has an unemployment rate of 7.3%. The US average is 6.0%.
Eddy County has seen the job market increase by 8.5% over the last year. Future job growth over the next ten years is predicted to be 35.1%, which is higher than the US average of 33.5%.
Tax Rates for Eddy County
- The Sales Tax Rate for Eddy County is 7.6%. The US average is 7.3%.
- The Income Tax Rate for Eddy 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 Eddy County
- The average income of a Eddy County resident is $27,630 a year. The US average is $28,555 a year.
- The Median household income of a Eddy County resident is $67,759 a year. The US average is $69,021 a year.