Gila, NM with a zip code of 88038 is an unincorporated community in Grant County. Despite its small size, Gila has many local companies that provide employment opportunities for the community. These include restaurants such as El Tapatio Mexican food, grocery stores like Lee's Food Market, and retailers like Family Dollar store. With all these options, the local economy of Gila is vibrant and provides a great way for people to get involved in their community while earning money. The cost of living is also relatively low compared to other areas, with 2 bedroom rent averaging around $790 and grocery cost index coming in at 93 versus the US average of 100. This means that residents can get more value for their money when it comes to buying essentials. Overall, Gila is an attractive place to live because of its economic vibrancy and inexpensive cost of living.
Gila (zip 88038) has an unemployment rate of 8.2%. The US average is 6.0%.
Gila (zip 88038) 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 21.4%, which is lower than the US average of 33.5%.
Tax Rates for Gila (zip 88038)
- The Sales Tax Rate for Gila (zip 88038) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Gila (zip 88038) 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 Gila (zip 88038)
- The average income of a Gila (zip 88038) resident is $17,036 a year. The US average is $28,555 a year.
- The Median household income of a Gila (zip 88038) resident is $91,402 a year. The US average is $69,021 a year.