Chimayo, New Mexico (87522) is a charming rural town located in the northern part of the state. This town offers an affordable place to live with 2 bedroom rent averaging $1,280 compared to the US average of $1,430. The grocery cost index in Chimayo is also lower than that of the US - 95 compared to 100.
Those looking for employment have options in Chimayo with local companies such as Chimayo Trading Co., Santa Fe Brewery Chimayó Taproom, and Bode’s General Store offering employment opportunities. For entertainment and leisure, Chimayo has multiple parks including El Valle de Oro National Wildlife Refuge and Plaza Ochavada Park which offer plenty of outdoor activities such as hiking, fishing, camping, and biking. The nearby ski resorts are another great option for winter enthusiasts. All these amenities make Chimayo an attractive place to live for those looking for a small-town feel without having to sacrifice access to recreational activities or employment opportunities.
Chimayo (zip 87522) has an unemployment rate of 8.0%. The US average is 6.0%.
Chimayo (zip 87522) has seen the job market decrease by -3.1% over the last year. Future job growth over the next ten years is predicted to be 33.2%, which is lower than the US average of 33.5%.
Tax Rates for Chimayo (zip 87522)
- The Sales Tax Rate for Chimayo (zip 87522) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Chimayo (zip 87522) 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 Chimayo (zip 87522)
- The average income of a Chimayo (zip 87522) resident is $30,013 a year. The US average is $37,638 a year.
- The Median household income of a Chimayo (zip 87522) resident is $47,021 a year. The US average is $69,021 a year.