Zip 87831 (Alamillo, NM) Economy


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United States / New Mexico / No Metro Area / Socorro County / Alamillo / Alamillo (zip 87831)
Alamillo, NM 87831 is a rural agricultural town with a population of approximately 370. Located in Dona Ana County, this small community is bordered by the Rio Grande River and boasts stunning views of the desert landscape. The area offers well-priced two bedroom homes for rent, with an average monthly rate of $780 compared to the US average of $1,430. Grocery prices are also significantly lower than the national average according to the Grocery Cost Index, with Alamillo's rating at 91 out of 100 versus 100 in the US.
There are few local businesses in Alamillo; however those that exist are well supported by locals including Garcia's Roadrunner Café which serves Mexican cuisine and has been operating since 2009; Mesalands Community College which offers high quality education opportunities; and Alamillo Country Store which was established in 2016 and provides convenience items as well as gas. The overall cost of living in Alamillo is quite affordable when viewed through the lens of rent and groceries costs.

Alamillo (zip 87831) has an unemployment rate of 6.6%. The US average is 6.0%.

Alamillo (zip 87831) has seen the job market decrease by -4.9% over the last year. Future job growth over the next ten years is predicted to be 27.2%, which is lower than the US average of 33.5%.

Tax Rates for Alamillo (zip 87831)
- The Sales Tax Rate for Alamillo (zip 87831) is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Alamillo (zip 87831) 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 Alamillo (zip 87831)
- The average income of a Alamillo (zip 87831) resident is $17,658 a year. The US average is $37,638 a year.
- The Median household income of a Alamillo (zip 87831) resident is $38,281 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAlamillo, New MexicoUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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