Zip 87026 (Laguna, NM) Economy


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Laguna, New Mexico is a small town located in Cibola County with a population of 87026. The average rent for two bedroom houses in Laguna is $1,060 per month compared to $1,430 nationally. Additionally, the cost of living index in Laguna is 89 versus 100 nationally. This makes Laguna an excellent place to live for people who are looking for value for money when it comes to housing.
In terms of local companies, some of the most notable businesses in Laguna are Mudd & Grout Construction Co., Western New Mexico University, and the Laguna Community Health Center. These companies offer employment opportunities as well as services that are essential to the community.
Overall, Laguana has a lower cost of living compared to other parts of the United States, making it an attractive destination for those looking to save money on housing and other expenses. The presence of local businesses also adds to its appeal by providing jobs and essential services that make it easier to live in this area.

Laguna (zip 87026) has an unemployment rate of 10.3%. The US average is 6.0%.

Laguna (zip 87026) has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 18.3%, which is lower than the US average of 33.5%.

Tax Rates for Laguna (zip 87026)
- The Sales Tax Rate for Laguna (zip 87026) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Laguna (zip 87026) 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 Laguna (zip 87026)
- The average income of a Laguna (zip 87026) resident is $11,120 a year. The US average is $28,555 a year.
- The Median household income of a Laguna (zip 87026) resident is $38,712 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLaguna, New MexicoUnited States
  10.36
  -2.2%-6.2%
  18.3%33.5%
  6.9%6.2%
  4.9%4.6%
  $18,896$37,638
  $38,712$69,021
  $45,795$85,028
  Population by Occupation
  0.0%1.2%
  0.8%0.5%
  13.2%6.8%
  6.9%10.0%
  1.5%2.5%
  9.0%11.0%
  2.2%4.8%
  0.0%0.8%
  1.6%1.9%
  0.9%4.7%
  3.2%1.9%
  2.0%7.6%
  0.0%0.1%
  2.8%4.2%
  10.3%9.3%
  17.8%14.0%
  7.5%2.1%
  7.8%7.0%
  1.8%4.8%
  10.7%4.7%
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