87105 South Valley, NM is a great place to live. The average two bedroom rent in the area is around $960, which is substantially lower than the US average of $1,430. Additionally, the grocery cost index in 87105 is 93, giving residents an advantage when it comes to saving money on their grocery bills.
The region has many businesses and attractions that make it a desirable place to live. Some of these include Allstate Insurance Company, Cold Stone Creamery, AT&T store and Optical Gallery at Abq Uptown. There are also several popular local restaurants such as El Modelo Mexican Restaurant, Asian Bistro Café and Subway Sandwiches & Salads. Attractions in 87105 include the Rio Grande Nature Center State Park and Petroglyph National Monument.
South Valley (zip 87105) has an unemployment rate of 7.3%. The US average is 6.0%.
South Valley (zip 87105) has seen the job market decrease by -5.1% over the last year. Future job growth over the next ten years is predicted to be 34.4%, which is higher than the US average of 33.5%.
Tax Rates for South Valley (zip 87105)
- The Sales Tax Rate for South Valley (zip 87105) is 6.4%. The US average is 7.3%.
- The Income Tax Rate for South Valley (zip 87105) 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 South Valley (zip 87105)
- The average income of a South Valley (zip 87105) resident is $21,689 a year. The US average is $37,638 a year.
- The Median household income of a South Valley (zip 87105) resident is $41,358 a year. The US average is $69,021 a year.