Las Cruces, NM 88007 is a thriving city known for its affordability and livability. The median 2 bedroom rent in Las Cruces is $810, which is significantly lower than the national average of $1,430. This makes it an attractive destination for those looking for a place to call home. Grocery cost index in Las Cruces is 96 compared to 100 in the US, making it easier on wallets.
The city has many attractions such as the New Mexico Farm and Ranch Heritage Museum, Old Mesilla Village, Branigan Cultural Center and more. Local businesses such as Anderson-Bolds Jewelers, Hatch Chile Express Restaurant, Hotel Encanto de Las Cruces and others make this city vibrant with economic opportunities.
Las Cruces (zip 88007) has an unemployment rate of 7.1%. The US average is 6.0%.
Las Cruces (zip 88007) has seen the job market decrease by -4.0% 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 Las Cruces (zip 88007)
- The Sales Tax Rate for Las Cruces (zip 88007) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Las Cruces (zip 88007) 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 Las Cruces (zip 88007)
- The average income of a Las Cruces (zip 88007) resident is $31,161 a year. The US average is $37,638 a year.
- The Median household income of a Las Cruces (zip 88007) resident is $59,878 a year. The US average is $69,021 a year.