Embudo, New Mexico is a small populated area located in Rio Arriba county. It has a population of 87531 people according to the 2010 census. The cost of living in Embudo is quite low compared to other areas in the US as 2 bedroom rent in the area is only $770 compared to $1,430 in the US while the grocery cost index is 83 versus 100 in the US.
Embudo offers various local companies for its citizens and tourists alike. Some of these include Embudo Valley Library & Learning Center, Runnels Concrete Products Co., Embudo Valley Electric Cooperative Inc., and Mesa Swimming Pool Service & Repair LLC. For tourists visiting Embudo, there are several attractions that can be visited like Taos Ski Valley for skiing adventures, Rio Grande Nature Center State Park and Wild Rivers Recreation Area for camping activities, and Rinconada Canyon Trailhead which offers breathtaking views from Piedra Negras Peak.
Embudo (zip 87531) has an unemployment rate of 8.0%. The US average is 6.0%.
Embudo (zip 87531) has seen the job market increase by 2.5% over the last year. Future job growth over the next ten years is predicted to be 33.2%, which is lower than the US average of 33.5%.
Tax Rates for Embudo (zip 87531)
- The Sales Tax Rate for Embudo (zip 87531) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Embudo (zip 87531) 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 Embudo (zip 87531)
- The average income of a Embudo (zip 87531) resident is $18,680 a year. The US average is $28,555 a year.
- The Median household income of a Embudo (zip 87531) resident is $59,063 a year. The US average is $69,021 a year.