Alto, New Mexico (88312) is a small town located in Lincoln County. The 2 bedroom rent in Alto is $1,230 whereas the US average for a 2 bedroom rent is $1,430. Furthermore, the grocery cost index in Alto is 100 which is very similar to the US grocery cost index of 100. Alto is home to many local businesses such as the Lincoln State Bank, Academy Mortgage Corporation, and Valley Pest Control. Those who are looking for attractions can visit Capitan Public Library and historical museum or take a hike up to Río Bonito overlook, offering stunning views and peaceful picturesque scenery.
Alto (zip 88312) has an unemployment rate of 8.8%. The US average is 6.0%.
Alto (zip 88312) has seen the job market decrease by -5.5% over the last year. Future job growth over the next ten years is predicted to be 28.0%, which is lower than the US average of 33.5%.
Tax Rates for Alto (zip 88312)
- The Sales Tax Rate for Alto (zip 88312) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Alto (zip 88312) 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 Alto (zip 88312)
- The average income of a Alto (zip 88312) resident is $43,449 a year. The US average is $37,638 a year.
- The Median household income of a Alto (zip 88312) resident is $60,403 a year. The US average is $69,021 a year.