Acomita Lake, NM (87049) is a small village tucked away in the Southwest corner of New Mexico. The village has a population of about 500 people, making it a relatively quiet and quaint place to live.
The cost of living is quite low in Acomita Lake with rent for a two-bedroom apartment coming in at an average price of $810 per month. This compares favorably to the national average rent for two-bedrooms which stands at $1,430 per month. Additionally, groceries are similarly inexpensive with Acomita Lake having an index score of 85 versus the national average score of 100.
Given its rural location and low population density, Acomita Lake does not have many large businesses or corporations located within its boundaries. However, there are still some local businesses that offer good services and products to those living in the area such as Acomita Trading Post which offers items from groceries to jewelry and G&G Pharmacy which provides medication needs for residents.
Acomita Lake (zip 87049) has an unemployment rate of 10.3%. The US average is 6.0%.
Acomita Lake (zip 87049) has seen the job market decrease by -2.2% over the last year. Future job growth over the next ten years is predicted to be 18.3%, which is lower than the US average of 33.5%.
Tax Rates for Acomita Lake (zip 87049)
- The Sales Tax Rate for Acomita Lake (zip 87049) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Acomita Lake (zip 87049) 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 Acomita Lake (zip 87049)
- The average income of a Acomita Lake (zip 87049) resident is $29,614 a year. The US average is $37,638 a year.
- The Median household income of a Acomita Lake (zip 87049) resident is $0 a year. The US average is $69,021 a year.