Zip 87715 (Cleveland, NM) Economy


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United States / New Mexico / No Metro Area / Mora County / Cleveland / Cleveland (zip 87715)
87715 Cleveland, NM is a great place to live. Rent for a two-bedroom apartment is $710, which is significantly cheaper than the national average of $1,430. Grocery costs are also lower in the area with a grocery cost index at 90 versus 100 nationally.
Residents of 87715 Cleveland have access to all of their essential needs and more. There are many local businesses including El Paso Electric Company, Sempra Natural Gas Company, and L&F Distributors for everyday necessities. For entertainment there’s Joyland Amusement Park and Gila National Forest offering plenty of outdoor activities and recreation. Residents can also enjoy shopping at Walmart or dine out at local restaurants such as La Pinata Ristorante Italiano or Thai Palace.

Cleveland (zip 87715) has an unemployment rate of 7.4%. The US average is 6.0%.

Cleveland (zip 87715) has seen the job market decrease by -9.3% over the last year. Future job growth over the next ten years is predicted to be 25.5%, which is lower than the US average of 33.5%.

Tax Rates for Cleveland (zip 87715)
- The Sales Tax Rate for Cleveland (zip 87715) is 6.7%. The US average is 7.3%.
- The Income Tax Rate for Cleveland (zip 87715) 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 Cleveland (zip 87715)
- The average income of a Cleveland (zip 87715) resident is $16,240 a year. The US average is $37,638 a year.
- The Median household income of a Cleveland (zip 87715) resident is $20,341 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCleveland, New MexicoUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
Family Median Income 85028
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