The small city of Vado, New Mexico is located in Doña Ana County and has a population of 6,867. The 2 Bedroom Rent in Vado is $880 which is much lower than the US average of $1,430. Additionally, the Grocery Cost Index for Vado is 90 versus 100 in the US. This suggests that living costs in Vado are generally lower than those found around the country.
Vado offers employment opportunities with several local companies including J & L Trucking & Rigging Inc., Doña Ana County Sheriff's Office, El Paso Electric Company, and Southwest Cheese Co LLC. Other large employers include Walmart Distribution Center and Wohlsen Construction. With its low cost of living and job availability, Vado could be a great place to live for anyone looking to save money while pursuing their career goals.
Vado (zip 88072) has an unemployment rate of 8.0%. The US average is 6.0%.
Vado (zip 88072) has seen the job market decrease by -4.0% over the last year. Future job growth over the next ten years is predicted to be 24.0%, which is lower than the US average of 33.5%.
Tax Rates for Vado (zip 88072)
- The Sales Tax Rate for Vado (zip 88072) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Vado (zip 88072) 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 Vado (zip 88072)
- The average income of a Vado (zip 88072) resident is $11,202 a year. The US average is $37,638 a year.
- The Median household income of a Vado (zip 88072) resident is $34,713 a year. The US average is $69,021 a year.