Zip 87752 (Wagon Mound, NM) Economy


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United States / New Mexico / No Metro Area / Mora County / Wagon Mound / Wagon Mound (zip 87752)
87752 Wagon Mound, NM is an ideal place for those looking for a low cost of living without sacrificing quality of life. The 2 bedroom rent here is $770, which is significantly lower than the US average of $1,430. In addition to this low rent, the grocery cost index in 87752 Wagon Mound is 88 compared to the national average of 100, making groceries even more affordable. Those living in 87752 Wagon Mound can enjoy businesses such as The Corner Store & Gas Station and K-Bob's Steakhouse for convenient shopping and dining options. With a population of 527 people, 87752 Wagon Mound offers a small town feel with all the benefits of city life.

Wagon Mound (zip 87752) has an unemployment rate of 7.4%. The US average is 6.0%.

Wagon Mound (zip 87752) has seen the job market increase by 3.8% over the last year. Future job growth over the next ten years is predicted to be 25.5%, which is lower than the US average of 33.5%.

Tax Rates for Wagon Mound (zip 87752)
- The Sales Tax Rate for Wagon Mound (zip 87752) is 7.7%. The US average is 7.3%.
- The Income Tax Rate for Wagon Mound (zip 87752) 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 Wagon Mound (zip 87752)
- The average income of a Wagon Mound (zip 87752) resident is $19,462 a year. The US average is $28,555 a year.
- The Median household income of a Wagon Mound (zip 87752) resident is $39,510 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWagon Mound, New MexicoUnited States
  7.46
  -9.3%-6.2%
  25.5%33.5%
  7.8%6.2%
  4.9%4.6%
  $29,041$37,638
  $39,510$69,021
Family Median Income 85028
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