Española, NM Metro Area is a great place to live and visit. It is an economically sound region with its two-bedroom apartment rents being significantly lower than the US average of $1,430 at just $800. Additionally, it has a lower cost of living index than the US which makes it even more attractive. The city has many local companies and attractions that make it enjoyable for everyone. Some of these include Española Valley Fiber Arts Center, Ohkay Casino Resort, and the Oke Owingeh Cultural Center. Tourists visit this area to enjoy Rio Grande River fishing or mountain biking on trails such as the Valles Caldera National Preserve. There are also plenty of local restaurants, bars, shopping centers, parks, and museums to explore in Española Metro Area.
Espanola Metro Area has an unemployment rate of 8.0%. The US average is 6.0%.
Espanola Metro Area has seen the job market increase by 2.5% over the last year. Future job growth over the next ten years is predicted to be 33.2%, which is lower than the US average of 33.5%.
Tax Rates for Espanola Metro Area
- The Sales Tax Rate for Espanola Metro Area is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Espanola 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 Espanola Metro Area
- The average income of a Espanola Metro Area resident is $19,483 a year. The US average is $28,555 a year.
- The Median household income of a Espanola Metro Area resident is $46,994 a year. The US average is $69,021 a year.