87557 Ranchos De Taos, NM is a small town in Northern New Mexico with a population of under 5,000. The cost of living in 87557 Ranchos De Taos is significantly lower than the US as a whole. It has an index of 100 for grocery costs compared to 100 in the US and 2 Bedroom Rent in 87557 Ranchos De Taos is $930 per month compared to $1,430 nationwide. Companies that are established locally include P&R Construction Inc., El Prado Building Supply Inc., and Dusty's Home Center. This makes 87557 Ranchos De Taos an ideal place to live for those looking for an affordable but comfortable standard of living.
Ranchos De Taos (zip 87557) has an unemployment rate of 10.5%. The US average is 6.0%.
Ranchos De Taos (zip 87557) has seen the job market increase by 2.6% over the last year. Future job growth over the next ten years is predicted to be 30.2%, which is lower than the US average of 33.5%.
Tax Rates for Ranchos De Taos (zip 87557)
- The Sales Tax Rate for Ranchos De Taos (zip 87557) is 7.6%. The US average is 7.3%.
- The Income Tax Rate for Ranchos De Taos (zip 87557) 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 Ranchos De Taos (zip 87557)
- The average income of a Ranchos De Taos (zip 87557) resident is $20,924 a year. The US average is $28,555 a year.
- The Median household income of a Ranchos De Taos (zip 87557) resident is $43,057 a year. The US average is $69,021 a year.