87820 Aragon, NM is a small town in Catron County located in close proximity to the Gila National Forest. The population is approximately 160 people according to the 2010 census. This small town offers an affordable cost of living with 2 bedroom rent costing only $800, significantly lower than the US average rent of $1,430 for similar housing. The grocery cost index in Aragon is 96 versus 100 nationally, making basic necessities more affordable for residents.
The town has local businesses such as Aragon Hardware Store and Crazy Horse Ranch Outfitters that provide services and goods to help support the local economy. With its low cost of living and access to nature, 87820 Aragon, NM makes for a peaceful place to call home for those looking for a slower-paced lifestyle.
Aragon (zip 87820) has an unemployment rate of 7.8%. The US average is 6.0%.
Aragon (zip 87820) 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 21.0%, which is lower than the US average of 33.5%.
Tax Rates for Aragon (zip 87820)
- The Sales Tax Rate for Aragon (zip 87820) is 5.7%. The US average is 7.3%.
- The Income Tax Rate for Aragon (zip 87820) 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 Aragon (zip 87820)
- The average income of a Aragon (zip 87820) resident is $15,682 a year. The US average is $28,555 a year.
- The Median household income of a Aragon (zip 87820) resident is $50,573 a year. The US average is $69,021 a year.