Zip 88347 (Sacramento, NM) Economy


Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
Sacramento, NM is a small town located in Colfax County. The population is estimated to be 88347 and it has a lot to offer its residents. 2 Bedroom Rent in Sacramento, NM is $820 which is much lower than the US average of $1,430. Additionally, the Grocery Cost Index in Sacramento, NM is 90 versus 100 in the US which means grocery prices are 10% lower than the national average.
Residents of Sacramento have access to local shops and services such as IGA Marketplace for their groceries, Najar's Tire Shop for automotive services, and B&B Drugs for medicines. For entertainment, there's Da Vinci's Pizza & Pasta restaurant serving classic Italian dishes or Majestic Cinemas showing the latest movies. There's also local attractions like Santa Fe Trail Museum providing historical exhibits or Angel Fire Resort offering outdoor activities like skiing and golfing.
Sacramento, NM proves to be an affordable area with plenty of amenities available for its residents to enjoy and experience.

Sacramento (zip 88347) has an unemployment rate of 7.4%. The US average is 6.0%.

Sacramento (zip 88347) has seen the job market decrease by -0.9% over the last year. Future job growth over the next ten years is predicted to be 22.7%, which is lower than the US average of 33.5%.

Tax Rates for Sacramento (zip 88347)
- The Sales Tax Rate for Sacramento (zip 88347) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Sacramento (zip 88347) 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 Sacramento (zip 88347)
- The average income of a Sacramento (zip 88347) resident is $21,300 a year. The US average is $37,638 a year.
- The Median household income of a Sacramento (zip 88347) resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySacramento, New MexicoUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
Household Income 69021
Health

The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.