87507 Santa Fe, NM is a great place to live with plenty of amenities available. Rent for two bedroom apartments in the area is slightly lower than the national average at $1,230 compared to $1,430, making it more affordable for individuals and families. Grocery cost index in 87507 Santa Fe is also lower than the national average at 99 versus 100. Living here means having access to local companies such as TriCore Reference Laboratories and Presbyterian Medical Services. These two provide a variety of services ranging from medical services to laboratory testing that make life easier and more convenient for residents of 87507 Santa Fe.
Santa Fe (zip 87507) has an unemployment rate of 7.7%. The US average is 6.0%.
Santa Fe (zip 87507) has seen the job market decrease by -8.0% over the last year. Future job growth over the next ten years is predicted to be 30.1%, which is lower than the US average of 33.5%.
Tax Rates for Santa Fe (zip 87507)
- The Sales Tax Rate for Santa Fe (zip 87507) is 8.4%. The US average is 7.3%.
- The Income Tax Rate for Santa Fe (zip 87507) 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 Santa Fe (zip 87507)
- The average income of a Santa Fe (zip 87507) resident is $29,222 a year. The US average is $37,638 a year.
- The Median household income of a Santa Fe (zip 87507) resident is $56,342 a year. The US average is $69,021 a year.