Fort Wingate, New Mexico is a small rural town located in McKinley County. This small town is a great place for those looking for an affordable alternative to bigger cities as it offers an excellent quality of life at a more reasonable cost. The average two bedroom rental cost in Fort Wingate is just $790 per month, far lower than the national average of $1,430. Additionally, the grocery cost index in Fort Wingate is 86 compared to 100 in the US suggesting that groceries are generally cheaper than elsewhere.
Living in Fort Wingate provides local residents access to many different businesses and amenities such as Fuel Mart (a gas station/convenience store), Big-E’s Trading Post (a general store stocking food items, clothing and supplies), and Chaco (a restaurant specializing in Mexican cuisine). Residents of this small town enjoy the convenience of these local establishments while taking advantage of low costs. With its low rent prices and lower grocery costs, Fort Wingate offers an attractive proposition for those looking for a comfortable lifestyle without breaking the bank.
Fort Wingate (zip 87316) has an unemployment rate of 10.7%. The US average is 6.0%.
Fort Wingate (zip 87316) has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 24.7%, which is lower than the US average of 33.5%.
Tax Rates for Fort Wingate (zip 87316)
- The Sales Tax Rate for Fort Wingate (zip 87316) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Fort Wingate (zip 87316) 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 Fort Wingate (zip 87316)
- The average income of a Fort Wingate (zip 87316) resident is $9,318 a year. The US average is $28,555 a year.
- The Median household income of a Fort Wingate (zip 87316) resident is $81,563 a year. The US average is $69,021 a year.