The 88230 Dexter, NM area offers affordable living in comparison to the US average. Two-bedroom rental prices in Dexter are about $810 per month versus the national average of $1,430. Additionally, grocery costs are significantly lower with a Grocery Cost Index of 91 versus 100 in the US. This makes it easy for locals to save money and stretch their budget further. \nFor those looking to explore local dining opportunities, there is no shortage of options with local restaurants like The Corner Cafe, The Lunchbox Eatery, and La Hacienda serving up delicious meals at great prices. There is also a weekly farmers market offering fresh produce from the area's farms that runs through September each year. \nAdditionally, there are several ways to save money while living in Dexter including carpooling or taking public transportation instead of driving your own car and using coupons when shopping for groceries or other items. Taking advantage of local special offers from businesses can also help you stay within your budget.
Dexter (zip 88230) has an unemployment rate of 7.7%. The US average is 6.0%.
Dexter (zip 88230) has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 21.5%, which is lower than the US average of 33.5%.
Tax Rates for Dexter (zip 88230)
- The Sales Tax Rate for Dexter (zip 88230) is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Dexter (zip 88230) 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 Dexter (zip 88230)
- The average income of a Dexter (zip 88230) resident is $17,514 a year. The US average is $28,555 a year.
- The Median household income of a Dexter (zip 88230) resident is $42,391 a year. The US average is $69,021 a year.