Veguita, NM (87062) is a small unincorporated town located in the state of New Mexico. This area is known for its affordable living costs, with 2 bedroom rent in Veguita being around $1,130 - more than $300 cheaper than the U.S. average. Furthermore, Veguita also offers a significantly lower cost of groceries compared to other areas of the country with an index score of 89 versus 100 in the U.S.
In Veguita, there are several small local businesses such as Corona's Convenience Store, Melissa's Cafe & Bakery and Estrada's Feed & Supplies that offer goods and services at competitive prices to the local community. Local restaurants like El Toro Bravo Mexican Restaurant serve up delicious traditional dishes and act as a hub for locals to gather and connect over food. There are also plenty of recreational opportunities including hiking trails at nearby Bosque del Apache Wildlife Refuge and outdoor activities at Caballo Lake State Park.
Veguita (zip 87062) has an unemployment rate of 6.6%. The US average is 6.0%.
Veguita (zip 87062) has seen the job market decrease by -4.9% over the last year. Future job growth over the next ten years is predicted to be 27.2%, which is lower than the US average of 33.5%.
Tax Rates for Veguita (zip 87062)
- The Sales Tax Rate for Veguita (zip 87062) is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Veguita (zip 87062) 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 Veguita (zip 87062)
- The average income of a Veguita (zip 87062) resident is $14,082 a year. The US average is $37,638 a year.
- The Median household income of a Veguita (zip 87062) resident is $29,727 a year. The US average is $69,021 a year.