Tyrone, New Mexico (88065) is a small town that offers an affordable cost of living for those looking for a home in the southwest. The average 2 Bedroom Rent in Tyrone is just $810 per month, which is significantly lower than the US average of $1,430. Additionally, the Grocery Cost Index in Tyrone is 92 compared to 100 in the US, meaning groceries cost 8% less in Tyrone than elsewhere.
This low cost of living makes Tyrone attractive for families looking for an affordable home without sacrificing quality of life. Local businesses such as J&J Ocotillo Farms and Windy Acres Restaurant serve as great sources of food and entertainment. Working professionals can also find good job opportunities at local companies like Hanson Paving & Excavation or Mitchell’s Fire Protection & Equipment Co., Inc..
Average 2 Bedroom Rent Grocery Cost Index \nTyrone (88065), NM $810 92 \nUS $1,430 100
Tyrone (zip 88065) has an unemployment rate of 8.2%. The US average is 6.0%.
Tyrone (zip 88065) has seen the job market decrease by -7.4% over the last year. Future job growth over the next ten years is predicted to be 21.4%, which is lower than the US average of 33.5%.
Tax Rates for Tyrone (zip 88065)
- The Sales Tax Rate for Tyrone (zip 88065) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Tyrone (zip 88065) 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 Tyrone (zip 88065)
- The average income of a Tyrone (zip 88065) resident is $26,146 a year. The US average is $37,638 a year.
- The Median household income of a Tyrone (zip 88065) resident is $48,889 a year. The US average is $69,021 a year.