Harding County, NM Economy


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United States / New Mexico / No Metro Area / Harding County / Cities / Zip Codes
Harding, NM County is an affordable place to live and work. The average 2 bedroom rent in the county is $800, which is much lower than the national average of $1,430 for the same size apartment. Additionally, grocery costs in Harding are lower than the national average with a Grocery Cost Index of 89 compared to 100 nationwide. Companies that have recently come to the area include Walmart and Cargill Meat Solutions; businesses that will provide local residents with goods and services as well as employment opportunities. These companies also help make Harding an attractive place for newcomers looking for a new home or workplace.

Harding County has an unemployment rate of 3.6%. The US average is 6.0%.

Harding County has seen the job market increase by 2.7% over the last year. Future job growth over the next ten years is predicted to be 23.7%, which is lower than the US average of 33.5%.

Tax Rates for Harding County
- The Sales Tax Rate for Harding County is 6.1%. The US average is 7.3%.
- The Income Tax Rate for Harding 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 Harding County
- The average income of a Harding County resident is $62,435 a year. The US average is $37,638 a year.
- The Median household income of a Harding County resident is $35,900 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHarding, New MexicoUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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