Zip 87512 (Amalia, NM) Economy


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United States / New Mexico / Taos Metro Area / Taos County / No City / Amalia (zip 87512)
Amalia, New Mexico is a small town located in the northern part of the state with a population of 87512. The town is known for its proximity to the beautiful mountains and stunning landscapes. It is also home to several local businesses like Amalia Farmers Market, Amalia Auto Sales, and Amalia Hardware. When it comes to housing costs in this area, 2-bedroom rent averages around $920 per month while grocery cost index stands at 98 compared to 100 in the US. Overall, living in Amalia is quite affordable while still allowing you access to numerous outdoor activities and local businesses.

Amalia (zip 87512) has an unemployment rate of 10.5%. The US average is 6.0%.

Amalia (zip 87512) has seen the job market decrease by -7.8% 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 Amalia (zip 87512)
- The Sales Tax Rate for Amalia (zip 87512) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Amalia (zip 87512) 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 Amalia (zip 87512)
- The average income of a Amalia (zip 87512) resident is $56,444 a year. The US average is $37,638 a year.
- The Median household income of a Amalia (zip 87512) resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAmalia, New MexicoUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
Household Income 69021
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