Zip 88316 (Capitan, NM) Economy


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United States / New Mexico / No Metro Area / Lincoln County / Capitan / Capitan (zip 88316)
Capitan, NM 88316 is a vibrant and growing community located in the foothills of the Sacramento Mountains. The average two-bedroom rent sits at $770, much lower than the national average of $1,430. The Grocery Cost Index here is 95, also lower than the national average. This makes Capitan a great place to live affordably while still taking advantage of great amenities.
For those looking for assistance when renting in Capitan, there are several local companies that can help make the process easier. These businesses include Allstar Property Management, Big Bear Property Management, McGrath Realty LLC, Lighthouse Property Management and High Country Real Estate. All offer services like screening tenants and handling rental agreements in order to ensure landlords get reliable tenants and renters get honest landlords.

Capitan (zip 88316) has an unemployment rate of 8.8%. The US average is 6.0%.

Capitan (zip 88316) 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 Capitan (zip 88316)
- The Sales Tax Rate for Capitan (zip 88316) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Capitan (zip 88316) 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 Capitan (zip 88316)
- The average income of a Capitan (zip 88316) resident is $30,967 a year. The US average is $37,638 a year.
- The Median household income of a Capitan (zip 88316) resident is $63,229 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCapitan, New MexicoUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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