Lakewood is a small town in 88254 Lakewood, New Mexico with a population of around 3,000 people. With a low cost of living and an affordable 2 bedroom rent of $1,010 compared to the US average of $1430, many people are choosing to move to this area for its affordability. The Grocery Cost Index for Lakewood is 94 versus 100 in the US, making grocery shopping even more economical. There are several businesses based in Lakewood such as Sagebrush Home Center & RV Resort, A&L Trucking Co., and Anderson Realty Group that are contributing to the local economy. With all these great benefits for residents, it’s no wonder that 88254 Lakewood is becoming an increasingly popular place to live!
Lakewood (zip 88254) has an unemployment rate of 7.3%. The US average is 6.0%.
Lakewood (zip 88254) has seen the job market decrease by -6.6% over the last year. Future job growth over the next ten years is predicted to be 35.1%, which is higher than the US average of 33.5%.
Tax Rates for Lakewood (zip 88254)
- The Sales Tax Rate for Lakewood (zip 88254) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Lakewood (zip 88254) 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 Lakewood (zip 88254)
- The average income of a Lakewood (zip 88254) resident is $36,065 a year. The US average is $37,638 a year.
- The Median household income of a Lakewood (zip 88254) resident is $0 a year. The US average is $69,021 a year.