Lemitar, NM 87823 is a small town in Socorro County with an estimated population of 488 inhabitants. The two bedroom rent in this area is around $790 which is significantly lower than the nationwide average of $1,430. The grocery cost index in Lemitar is 96 versus 100 in the US. The median household income here is slightly higher than the state average at $52,767. This town has several local businesses including First National Bank of Socorro County, J & B Auto Service & Repair, and Los Pablos Mexican Restaurant & Grocery Store.
Lemitar (zip 87823) has an unemployment rate of 6.6%. The US average is 6.0%.
Lemitar (zip 87823) has seen the job market decrease by -4.9% over the last year. Future job growth over the next ten years is predicted to be 27.2%, which is lower than the US average of 33.5%.
Tax Rates for Lemitar (zip 87823)
- The Sales Tax Rate for Lemitar (zip 87823) is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Lemitar (zip 87823) 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 Lemitar (zip 87823)
- The average income of a Lemitar (zip 87823) resident is $16,098 a year. The US average is $37,638 a year.
- The Median household income of a Lemitar (zip 87823) resident is $0 a year. The US average is $69,021 a year.