Las Cruces Metro Area, NM Economy


Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
United States / New Mexico / Las Cruces Metro Area / Counties / Cities / Zip Codes
Las Cruces, NM Metro Area is known for its affordability. Renting a two-bedroom here is significantly cheaper than the national average, coming in at $890 versus $1,430. The grocery cost index also indicates that prices here are lower than the US average; it's 93 compared to 100. Companies located in this area include New Mexico State University, Memorial Medical Center, Sunland Park Racetrack & Casino, and White Sands Missile Range. Overall, Las Cruces offers an affordable option with plenty of local businesses to support residents.

Las Cruces Metro Area has an unemployment rate of 8.0%. The US average is 6.0%.

Las Cruces Metro Area has seen the job market decrease by -4.0% over the last year. Future job growth over the next ten years is predicted to be 24.0%, which is lower than the US average of 33.5%.

Tax Rates for Las Cruces Metro Area
- The Sales Tax Rate for Las Cruces Metro Area is 7.7%. The US average is 7.3%.
- The Income Tax Rate for Las Cruces 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 Las Cruces Metro Area
- The average income of a Las Cruces Metro Area resident is $24,645 a year. The US average is $37,638 a year.
- The Median household income of a Las Cruces Metro Area resident is $47,151 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLas Cruces, New MexicoUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
Reviews for Las Cruces
    See all ()

Over 6 years ago

As a 35 year old, lifetime resident of Las Cruces I have seen this town grow A LOT from when I was 10 years old. Unfortunately, the crime has gone up quite a bit but  More

   |    Reply

Start Your Review of Las Cruces

Health

The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.