Zip 87412 (Blanco, NM) Economy


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87412 Blanco, NM is an ideal place to live for individuals looking for a peaceful and affordable life. The average 2 bedroom rent in 87412 Blanco, NM is $860 which is much lower than the US average of $1,430. Additionally, the grocery cost index in 87412 Blanco, NM is 92 compared to 100 in the US. This means that groceries are cheaper in 87412 Blanco, NM than most other places in the country. The overall cost of living index of 87412 Blanco, NM is also low making it ideal for those wanting to save money on living costs.
The city has plenty of local businesses including Kiva Coffeehouse & CafeĀ“ for a delicious brunch or coffee time pick me up and Loren's Western Wear for a wide variety of western clothing and accessories. There are also small stores like Blanco Family Farm Store where you can find organic products as well as handmade art pieces from local artisans. Whatever your needs may be, there is sure to be something perfect for you in 87412 Blanco, NM!

Blanco (zip 87412) has an unemployment rate of 9.7%. The US average is 6.0%.

Blanco (zip 87412) has seen the job market increase by 2.5% over the last year. Future job growth over the next ten years is predicted to be 18.2%, which is lower than the US average of 33.5%.

Tax Rates for Blanco (zip 87412)
- The Sales Tax Rate for Blanco (zip 87412) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Blanco (zip 87412) 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 Blanco (zip 87412)
- The average income of a Blanco (zip 87412) resident is $13,123 a year. The US average is $37,638 a year.
- The Median household income of a Blanco (zip 87412) resident is $45,652 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBlanco, New MexicoUnited States
  9.76
  -7.9%-6.2%
  18.2%33.5%
  6.6%6.2%
  4.9%4.6%
  $13,123$37,638
  $45,652$69,021
  $54,063$85,028
  Population by Occupation
  2.6%1.2%
  1.8%0.5%
  0.0%6.8%
  1.6%10.0%
  11.1%2.5%
  5.2%11.0%
  12.9%4.8%
  0.0%0.8%
  0.0%1.9%
  11.9%4.7%
  0.0%1.9%
  4.4%7.6%
  0.0%0.1%
  0.0%4.2%
  2.3%9.3%
  17.8%14.0%
  0.0%2.1%
  11.6%7.0%
  12.7%4.8%
  4.1%4.7%
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