Cochiti, NM 87072 is a small town with a population of around 550 people. It is located in the foothills of the Sangre de Cristo Mountains and has close access to Santa Fe. The average rent for a 2 bedroom apartment in Cochiti is $880 per month which is significantly lower than the US average of $1,430. Living expenses in Cochiti are also much cheaper with a grocery cost index of 91 versus 100 in the US. \nLocal business in and around Cochiti include La Chiminea Restaurant, Cochiti Lake Inn & Rv Park and Rocky Mountain Chocolate Factory as well as many other small locally owned restaurants and stores.
Cochiti (zip 87072) has an unemployment rate of 8.0%. The US average is 6.0%.
Cochiti (zip 87072) has seen the job market increase by 3.4% over the last year. Future job growth over the next ten years is predicted to be 37.5%, which is higher than the US average of 33.5%.
Tax Rates for Cochiti (zip 87072)
- The Sales Tax Rate for Cochiti (zip 87072) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Cochiti (zip 87072) 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 Cochiti (zip 87072)
- The average income of a Cochiti (zip 87072) resident is $14,455 a year. The US average is $28,555 a year.
- The Median household income of a Cochiti (zip 87072) resident is $47,292 a year. The US average is $69,021 a year.