Las Cruces, NM is a great place to live. With a population of over 101,000 people, it's one of the larger cities in New Mexico. Rent for a two-bedroom apartment is around $1,080 per month – much cheaper than the national average of $1,430. Grocery costs are particularly low here as well, with an index of 97 compared to 100 in the US.
Las Cruces has a vibrant economy and plenty of employment opportunities. Major employers in the area include New Mexico State University, Memorial Medical Center, Mesilla Valley Hospital, Boeing Satellite Systems International Inc., and White Sands Missile Range. There are also smaller companies such as Las Cruces Electric Company, Dona Ana County Public Schools, US Foods Inc., and more that employ local residents.
Las Cruces (zip 88011) has an unemployment rate of 7.1%. The US average is 6.0%.
Las Cruces (zip 88011) has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 25.5%, which is lower than the US average of 33.5%.
Tax Rates for Las Cruces (zip 88011)
- The Sales Tax Rate for Las Cruces (zip 88011) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Las Cruces (zip 88011) 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 Las Cruces (zip 88011)
- The average income of a Las Cruces (zip 88011) resident is $34,919 a year. The US average is $28,555 a year.
- The Median household income of a Las Cruces (zip 88011) resident is $67,250 a year. The US average is $69,021 a year.