Union, NM County is a great place to live and work. The cost of living is significantly less than the US average with 2 bedroom rent averaging $800, versus $1,430 in the US. Groceries are also more affordable with a Grocery Cost Index of 94 compared to 100 in the US. Union is home to various local businesses including The Union Store for groceries, Union Bank for banking needs, and Cowtown Coffee House for your caffeine fix. Other noteworthy companies include Logistix Solutions for transportation services and Red Thread Design Studio for graphic design solutions. With its low cost of living and abundance of businesses, Union, NM County is an ideal place to call home.
Union County has an unemployment rate of 4.3%. The US average is 6.0%.
Union County has seen the job market decrease by -1.3% over the last year. Future job growth over the next ten years is predicted to be 22.2%, which is lower than the US average of 33.5%.
Tax Rates for Union County
- The Sales Tax Rate for Union County is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Union 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 Union County
- The average income of a Union County resident is $20,511 a year. The US average is $28,555 a year.
- The Median household income of a Union County resident is $37,443 a year. The US average is $69,021 a year.