88415 Clayton, NM is a great place to live! It has an affordable cost of living, with 2 bedroom rent set at $700 - much lower than the US average of $1,430. Groceries are also relatively cheaper in Clayton, with a grocery cost index of 91 versus 100 in the US. In addition to its affordable living costs, Clayton offers plenty of services and amenities. Local companies such as Clayton True Value Hardware Store and Clayton Family Wellness Center provide residents with goods and health services respectively. The town also features a variety of delicious restaurants like Baja Grill Mexican Restaurant and the Junction Steakhouse & Lounge. With its low cost of living and abundance of local services, 88415 Clayton, NM is an ideal place to settle down.
Clayton (zip 88415) has an unemployment rate of 4.3%. The US average is 6.0%.
Clayton (zip 88415) has seen the job market decrease by -1.3% over the last year. Future job growth over the next ten years is predicted to be 22.2%, which is lower than the US average of 33.5%.
Tax Rates for Clayton (zip 88415)
- The Sales Tax Rate for Clayton (zip 88415) is 7.9%. The US average is 7.3%.
- The Income Tax Rate for Clayton (zip 88415) 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 Clayton (zip 88415)
- The average income of a Clayton (zip 88415) resident is $20,462 a year. The US average is $28,555 a year.
- The Median household income of a Clayton (zip 88415) resident is $38,633 a year. The US average is $69,021 a year.