87007 Paraje, NM is an ideal place to live for those who want affordable rent and groceries. The average two-bedroom rent in this area is $720, which is much cheaper than the US average of $1,430. Additionally, local grocery costs have an index of 90 compared to 100 in the US. This makes it easier to keep up with day-to-day living expenses. There are plenty of local businesses nearby such as Siouex Grocery, Plaza Cafe Y Cantina, Cupboard Grocery & Deli, and Sparkle Market that make living in 87007 Paraje all the more convenient.
Paraje (zip 87007) has an unemployment rate of 10.3%. The US average is 6.0%.
Paraje (zip 87007) has seen the job market decrease by -2.2% over the last year. Future job growth over the next ten years is predicted to be 18.3%, which is lower than the US average of 33.5%.
Tax Rates for Paraje (zip 87007)
- The Sales Tax Rate for Paraje (zip 87007) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Paraje (zip 87007) 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 Paraje (zip 87007)
- The average income of a Paraje (zip 87007) resident is $11,259 a year. The US average is $37,638 a year.
- The Median household income of a Paraje (zip 87007) resident is $27,404 a year. The US average is $69,021 a year.