Gallup, NM Metro Area is an affordable and diverse community located in the state of New Mexico. It is home to many businesses like the Gallup Cultural Center, a nonprofit organization that seeks to promote local Native American art and culture. Additionally, Gallup is home to a variety of events throughout the year such as the Red Rock Balloon Rally that takes place every January and the Gallup Film Festival which celebrates independent films each April. With low two-bedroom rent of $800 and a Grocery Cost Index of 89 compared to 100 in the US, Gallup provides an excellent quality of life for families looking for affordable living options.
Gallup Metro Area has an unemployment rate of 10.7%. The US average is 6.0%.
Gallup Metro Area 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 Gallup Metro Area
- The Sales Tax Rate for Gallup Metro Area is 8.1%. The US average is 7.3%.
- The Income Tax Rate for Gallup Metro Area 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 Gallup Metro Area
- The average income of a Gallup Metro Area resident is $12,800 a year. The US average is $28,555 a year.
- The Median household income of a Gallup Metro Area resident is $40,262 a year. The US average is $69,021 a year.