Las Cruces, New Mexico (88012) is an ideal city for renters looking for affordability. The 2 bedroom rent in Las Cruces is $1,150 per month which is much lower than the US average of $1,430. Additionally, groceries cost index in Las Cruces is 94 versus 100 in the US making it an attractive city for those looking to save money on living costs. Las Cruces has several local companies that make it a great place to live and work. Companies like Boeing, Delphi Electronics and Safety, Exelis Inc., CareFusion Corporation, and White Sands Missile Range are just some of the names found in town. These businesses provide a stable economic foundation to support the city's growth and development.
Las Cruces (zip 88012) has an unemployment rate of 7.1%. The US average is 6.0%.
Las Cruces (zip 88012) has seen the job market increase by 0.9% 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 88012)
- The Sales Tax Rate for Las Cruces (zip 88012) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Las Cruces (zip 88012) 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 88012)
- The average income of a Las Cruces (zip 88012) resident is $20,832 a year. The US average is $28,555 a year.
- The Median household income of a Las Cruces (zip 88012) resident is $53,874 a year. The US average is $69,021 a year.