Las Vegas Metro Area, NM Economy


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United States / New Mexico / Las Vegas Metro Area / Counties / Cities / Zip Codes
Las Vegas, NM Metro Area is a great place to live for those looking for an affordable lifestyle. The average 2 bedroom rent in the area is only $800, which is significantly lower than the US average of $1,430. Additionally, the local cost of groceries is 94 compared to the US average of 100. Popular companies in the Las Vegas Metro Area include Walmart, Lowe's, Fidelity Investments and Bashas Supermarket. Additionally, there are many small local businesses offering a variety of goods and services in the area including antique shops, independent restaurants and local art galleries.

Las Vegas Metro Area has an unemployment rate of 8.2%. The US average is 6.0%.

Las Vegas Metro Area has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 21.1%, which is lower than the US average of 33.5%.

Tax Rates for Las Vegas Metro Area
- The Sales Tax Rate for Las Vegas Metro Area is 7.9%. The US average is 7.3%.
- The Income Tax Rate for Las Vegas 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 Vegas Metro Area
- The average income of a Las Vegas Metro Area resident is $18,355 a year. The US average is $28,555 a year.
- The Median household income of a Las Vegas Metro Area resident is $36,538 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLas Vegas, New MexicoUnited States
  8.26
  -5.4%-6.2%
  21.1%33.5%
  6.8%6.2%
  4.9%4.6%
  $24,363$37,638
  $36,538$69,021
  $47,119$85,028
  Population by Occupation
  2.6%1.2%
  0.2%0.5%
  8.9%6.8%
  1.0%10.0%
  0.7%2.5%
  7.0%11.0%
  2.2%4.8%
  0.9%0.8%
  0.6%1.9%
  2.0%4.7%
  1.4%1.9%
  2.6%7.6%
  0.0%0.1%
  5.4%4.2%
  16.2%9.3%
  21.0%14.0%
  1.9%2.1%
  7.4%7.0%
  5.3%4.8%
  12.8%4.7%
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