Gallup, NM is a city located in the county of McKinley with an estimated population of 21,678. With a grocery cost index of 87 compared to the US average of 100, Gallup is considered less expensive than most other cities in the US. A two bedroom rental in Gallup is listed at $790 per month on average – much lower than the U.S average of $1,430 per month. Companies such as Walmart and Navajo Refining Company are some popular employers in this area. Neighborhoods such as Southside and Downtown offer convenient access to nearby restaurants and stores, making them attractive for locals looking to find rental properties closer to downtown Gallup and its many services.
Gallup (zip 87305) has an unemployment rate of 10.7%. The US average is 6.0%.
Gallup (zip 87305) 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 Gallup (zip 87305)
- The Sales Tax Rate for Gallup (zip 87305) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Gallup (zip 87305) 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 Gallup (zip 87305)
- The average income of a Gallup (zip 87305) resident is $11,530 a year. The US average is $28,555 a year.
- The Median household income of a Gallup (zip 87305) resident is $38,839 a year. The US average is $69,021 a year.