Luna, NM County is a rural county located in the southwestern region of New Mexico. It is home to many small businesses including Rio Grande Outfitters, Luna Trading Co., and Luna Auto Sales. Residents of the county have access to quality educational opportunities thanks to the Luna County School District which provides students with access to various K-12 schools as well as vocational training and adult education programs. The cost of living in Luna is significantly lower than most other areas in the US with average 2 bedroom rents being $800 and grocery costs indexing 90 compared to a national average of 100. This makes it an ideal place for those looking for a more affordable lifestyle while still having access to quality educational opportunities.
Luna County has an unemployment rate of 18.5%. The US average is 6.0%.
Luna County has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 12.9%, which is lower than the US average of 33.5%.
Tax Rates for Luna County
- The Sales Tax Rate for Luna County is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Luna 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 Luna County
- The average income of a Luna County resident is $15,549 a year. The US average is $28,555 a year.
- The Median household income of a Luna County resident is $33,914 a year. The US average is $69,021 a year.