Espanola, NM 87567 is a city located in the Northern Rio Grande region of New Mexico. With a population of 10,458, it offers a rural atmosphere with access to modern amenities. Rent for a 2-bedroom apartment in Espanola averages $1,030 a month, which is much lower than the US average of $1,430. The grocery cost index for Espanola is 96 compared to the US average of 100. There are several businesses and organizations that call this city home including Trinity Industries Inc., VCA Animal Hospitals, Delta Construction Company Inc., and The Legal Aid Society of Albuquerque and Bernalillo County. Local sources for news and information include the Valley Daily Post and the Rio Grande Sun.
Espanola (zip 87567) has an unemployment rate of 7.5%. The US average is 6.0%.
Espanola (zip 87567) has seen the job market decrease by -8.0% over the last year. Future job growth over the next ten years is predicted to be 30.5%, which is lower than the US average of 33.5%.
Tax Rates for Espanola (zip 87567)
- The Sales Tax Rate for Espanola (zip 87567) is 9.1%. The US average is 7.3%.
- The Income Tax Rate for Espanola (zip 87567) 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 Espanola (zip 87567)
- The average income of a Espanola (zip 87567) resident is $22,552 a year. The US average is $37,638 a year.
- The Median household income of a Espanola (zip 87567) resident is $30,288 a year. The US average is $69,021 a year.