Glenwood, New Mexico (zip code 88039) is an excellent place for those looking to find a great value on rent. The average two bedroom rental rate in Glenwood stands at $790 per month, well below the national average of $1,430. Moreover, the cost of groceries in Glenwood is also lower than in most other parts of the country, with it's Grocery Cost Index rating standing at 93 compared to 100 in the US. Apart from being able to finding affordable living options, Glenwood also has a vibrant community with many local companies and establishments. For instance, VCA Glenwood Animal Hospital provides quality medical care for pets, while Evans Mechanical Solutions offers dependable HVAC maintenance and repairs. There's also a variety of places to shop such as Cotton Patch Quilt Shoppe and Depot Mercantile Co., where you can find everything from home decor items to unique gifts. No matter what your needs are, you'll be sure to find something suitable for you in Glenwood!
Glenwood (zip 88039) has an unemployment rate of 7.8%. The US average is 6.0%.
Glenwood (zip 88039) has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 21.0%, which is lower than the US average of 33.5%.
Tax Rates for Glenwood (zip 88039)
- The Sales Tax Rate for Glenwood (zip 88039) is 5.7%. The US average is 7.3%.
- The Income Tax Rate for Glenwood (zip 88039) 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 Glenwood (zip 88039)
- The average income of a Glenwood (zip 88039) resident is $41,147 a year. The US average is $28,555 a year.
- The Median household income of a Glenwood (zip 88039) resident is $43,036 a year. The US average is $69,021 a year.