Zip 88324 (Glencoe, NM) Economy


Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
United States / New Mexico / No Metro Area / Lincoln County / No City / Glencoe (zip 88324)
Glencoe is a small village located in New Mexico. With a population of only 88324 people, it's a great place to live if you're looking for something quieter than a big city. The average 2 bedroom rent in Glencoe is $820, making it an attractive option for those on a tight budget. As far as groceries go, the Grocery Cost Index in Glencoe is 96 compared to 100 in the US. There are several local companies like General Mills, Hewlett Packard Enterprise and Walmart that provide employment opportunities to residents of Glencoe.

Glencoe (zip 88324) has an unemployment rate of 8.8%. The US average is 6.0%.

Glencoe (zip 88324) has seen the job market decrease by -5.5% over the last year. Future job growth over the next ten years is predicted to be 28.0%, which is lower than the US average of 33.5%.

Tax Rates for Glencoe (zip 88324)
- The Sales Tax Rate for Glencoe (zip 88324) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Glencoe (zip 88324) 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 Glencoe (zip 88324)
- The average income of a Glencoe (zip 88324) resident is $67,573 a year. The US average is $37,638 a year.
- The Median household income of a Glencoe (zip 88324) resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGlencoe, 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.