McKinley County, New Mexico is a great place to live for its affordability and convenience. The rent for a two-bedroom apartment in McKinley is significantly lower than the average US rent at only $800, while the grocery cost index in McKinley County is 89 compared to the national average of 100. It's an ideal area for people looking for more affordable living options.
The county has many new businesses popping up such as Cibola Supermarket and Wildcat Pump & Supply. With these local companies, it's easier and more convenient for residents to get the products they need without having to leave town.
Overall, McKinley County offers great value with its low cost of living. Residents benefit from access to affordable housing and groceries that aren't as expensive as they are elsewhere in the country. With local businesses emerging, it's becoming an even better place to call home.
McKinley County has an unemployment rate of 10.7%. The US average is 6.0%.
McKinley County has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 24.7%, which is lower than the US average of 33.5%.
Tax Rates for McKinley County
- The Sales Tax Rate for McKinley County is 8.1%. The US average is 7.3%.
- The Income Tax Rate for McKinley 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 McKinley County
- The average income of a McKinley County resident is $12,800 a year. The US average is $28,555 a year.
- The Median household income of a McKinley County resident is $40,262 a year. The US average is $69,021 a year.