Carlsbad, New Mexico, located in Eddy County east of Roswell, is an area known for its many attractions and activities. Home to the annual Carlsbad Music Festival and other live music events throughout the year, there are plenty of entertainment options for locals and tourists alike. In addition to multiple festivals throughout the year, 2 Bedroom Rent in Carlsbad is $1,030 compared to $1,430 nationwide. There are also a variety of local businesses and amenities in Carlsbad like Smith's grocery store with a Grocery Cost Index rating of 93 versus 100 in the US. Outdoor lovers will find plenty of opportunities as well with parks such as Sitting Bull Falls and Brantley Lake State Park nearby. With its mild climate and outdoor activities, Carlsbad has something for everyone all year round.
Carlsbad (zip 88220) has an unemployment rate of 8.4%. The US average is 6.0%.
Carlsbad (zip 88220) has seen the job market decrease by -6.6% over the last year. Future job growth over the next ten years is predicted to be 34.6%, which is higher than the US average of 33.5%.
Tax Rates for Carlsbad (zip 88220)
- The Sales Tax Rate for Carlsbad (zip 88220) is 7.6%. The US average is 7.3%.
- The Income Tax Rate for Carlsbad (zip 88220) 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 Carlsbad (zip 88220)
- The average income of a Carlsbad (zip 88220) resident is $33,778 a year. The US average is $37,638 a year.
- The Median household income of a Carlsbad (zip 88220) resident is $71,588 a year. The US average is $69,021 a year.