Zip 87083 (Cochiti Lake, NM) Economy


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Cochiti Lake, NM is a small community located approximately 40 miles north of Albuquerque. It has a population of 87083 people and is an ideal location for those looking to escape the hustle and bustle of the city. The average 2 bedroom rent in Cochiti Lake is $1,550, which is slightly higher than the US average of $1,430. Additionally, the grocery cost index in Cochiti Lake is 95 compared to 100 in the US.
The town of Cochiti Lake offers many activities for visitors and residents alike including camping at Cochiti Lake or fishing on the Rio Grande River. Residents can also visit local attractions such as Pueblo de Cochiti Museum or go shopping at Big Mesa Market. There are also many businesses located within the area such as Cochiti Pizza Company and Sweets & Treats Bakery which provide delicious food options. Overall, Cochiti Lake is a great place to live with its tranquil atmosphere and unique culture making it appealing to all types of people.

Cochiti Lake (zip 87083) has an unemployment rate of 8.0%. The US average is 6.0%.

Cochiti Lake (zip 87083) 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 Lake (zip 87083)
- The Sales Tax Rate for Cochiti Lake (zip 87083) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Cochiti Lake (zip 87083) 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 Lake (zip 87083)
- The average income of a Cochiti Lake (zip 87083) resident is $30,509 a year. The US average is $28,555 a year.
- The Median household income of a Cochiti Lake (zip 87083) resident is $47,500 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCochiti Lake, New MexicoUnited States
  86
  -5.5%-6.2%
  37.5%33.5%
  6.4%6.2%
  4.9%4.6%
  $39,374$37,638
  $47,500$69,021
  $73,250$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  3.6%6.8%
  7.1%10.0%
  0.0%2.5%
  7.9%11.0%
  0.0%4.8%
  0.0%0.8%
  3.6%1.9%
  4.3%4.7%
  3.6%1.9%
  11.4%7.6%
  0.0%0.1%
  1.4%4.2%
  10.7%9.3%
  10.7%14.0%
  2.9%2.1%
  7.9%7.0%
  7.1%4.8%
  17.9%4.7%
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