Zip 88040 (Hachita, NM) Economy


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Hachita, NM (88040) is a small town in the southwest corner of New Mexico. The cost of renting a two bedroom apartment here is $740, significantly lower than the national average of $1,430. Additionally, the Grocery Cost Index is lower than the US Average at 89 versus 100.
Hachita, NM (88040) has a few local companies that serve the community's needs. One such business is Hachita Farm Supply which specializes in farm and ranch equipment and supplies. They also offer hay sales and delivery to area ranches and homes. Another local company is Western Sky Outfitters which offers guided hunts for elk, mule deer, antelope, javelina and quail as well as guided fly fishing trips for bass and trout on rivers throughout New Mexico and Arizona. For those looking for a relaxing getaway there's Coyote Howling Bed & Breakfast which provides rustic lodging in the Gila National Forest near Hachita.

Hachita (zip 88040) has an unemployment rate of 8.2%. The US average is 6.0%.

Hachita (zip 88040) has seen the job market decrease by -7.4% over the last year. Future job growth over the next ten years is predicted to be 21.4%, which is lower than the US average of 33.5%.

Tax Rates for Hachita (zip 88040)
- The Sales Tax Rate for Hachita (zip 88040) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Hachita (zip 88040) 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 Hachita (zip 88040)
- The average income of a Hachita (zip 88040) resident is $26,144 a year. The US average is $37,638 a year.
- The Median household income of a Hachita (zip 88040) resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

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