Zip 88301 (Carrizozo, NM) Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
United States / New Mexico / No Metro Area / Lincoln County / Carrizozo / Carrizozo (zip 88301)
Carrizozo, NM is a small town located in Lincoln County with a population of 88301 people. It has an average 2 Bedroom Rent of $1,040 which is slightly lower than the national average of $1,430. The Grocery Cost Index in Carrizozo is also lower than the national average index at 90 versus 100 in the US. There are several local businesses located within Carrizozo such as Amigo Market, Los Arcos Mexican Restaurant, J&H Tire & Auto Repair, and Deckers Country Store. All of these businesses serve to provide for the community's essential needs while providing quality goods and services to locals and residents alike.

Carrizozo (zip 88301) has an unemployment rate of 8.8%. The US average is 6.0%.

Carrizozo (zip 88301) has seen the job market increase by 2.1% 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 Carrizozo (zip 88301)
- The Sales Tax Rate for Carrizozo (zip 88301) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Carrizozo (zip 88301) 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 Carrizozo (zip 88301)
- The average income of a Carrizozo (zip 88301) resident is $22,622 a year. The US average is $28,555 a year.
- The Median household income of a Carrizozo (zip 88301) resident is $37,125 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCarrizozo, New MexicoUnited States
  8.86
  -5.5%-6.2%
  28.0%33.5%
  5.5%6.2%
  4.9%4.6%
  $27,503$37,638
  $37,125$69,021
  $42,143$85,028
  Population by Occupation
  4.3%1.2%
  0.0%0.5%
  22.7%6.8%
  0.0%10.0%
  0.0%2.5%
  11.2%11.0%
  1.9%4.8%
  3.1%0.8%
  0.0%1.9%
  0.0%4.7%
  2.4%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  19.1%9.3%
  12.2%14.0%
  0.0%2.1%
  6.4%7.0%
  2.4%4.8%
  14.3%4.7%
Health