87562 Rowe, NM is a great place to call home. The average two-bedroom rental rate here is only $780 per month, more than $650 cheaper than the US average of $1,430. Additionally, the grocery cost index in 87562 Rowe, NM is 96 compared to 100 in the US. This makes it easier on your wallet when shopping around for groceries. There are plenty of local businesses in this area that offer competitive prices on rentals and groceries. For example, Smith's Grocery Store offers a wide selection of goods at an affordable price with their weekly specials. Other options like Wal-Mart Supercenter and Albertsons provide competitive prices on groceries as well. Lastly, there are several rental companies such as Plaza Apartments and New Mexico Lifestyle Rentals that offer two-bedroom apartments for just $780 a month or less.
Rowe (zip 87562) has an unemployment rate of 8.2%. The US average is 6.0%.
Rowe (zip 87562) has seen the job market decrease by -5.4% over the last year. Future job growth over the next ten years is predicted to be 21.1%, which is lower than the US average of 33.5%.
Tax Rates for Rowe (zip 87562)
- The Sales Tax Rate for Rowe (zip 87562) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Rowe (zip 87562) 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 Rowe (zip 87562)
- The average income of a Rowe (zip 87562) resident is $18,971 a year. The US average is $37,638 a year.
- The Median household income of a Rowe (zip 87562) resident is $0 a year. The US average is $69,021 a year.