Mora, NM County is a great place to live. It has a lower living cost than the rest of the US, with 2 bedroom rent being $800 and grocery cost index being 92 versus 100 in the US. There are many local businesses that contribute to making Mora an attractive place to work and visit. Some of these companies include La Comida de Mora Grocery Store, Mora Valley Electric Cooperative, Mora Valley Chamber of Commerce and The Country Inn at Cimarron Canyon Resort. These businesses not only provide their services to locals but also attract tourists from all over the country. By offering low-cost living opportunities combined with local business offerings, Mora continues to be an appealing location for those seeking a peaceful, affordable lifestyle.
Mora County has an unemployment rate of 7.4%. The US average is 6.0%.
Mora County has seen the job market decrease by -9.3% over the last year. Future job growth over the next ten years is predicted to be 25.5%, which is lower than the US average of 33.5%.
Tax Rates for Mora County
- The Sales Tax Rate for Mora County is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Mora 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 Mora County
- The average income of a Mora County resident is $26,586 a year. The US average is $37,638 a year.
- The Median household income of a Mora County resident is $37,549 a year. The US average is $69,021 a year.