Los Lunas, New Mexico (87031) is an up-and-coming residential area that has many benefits to offer those looking for a beautiful place to call home. The average rent for a two bedroom apartment in Los Lunas is $1,160 which is significantly lower than the national average of $1,430. Additionally, the Grocery Cost Index in Los Lunas is 93 versus 100 nationally so groceries are cheaper here as well. These factors make it an attractive option for potential residents.
Los Lunas offers plenty of amenities with local businesses like Baca's Market & Restaurant, Southern Automotive Group, Robert Frito Lay and Los Lunas Veterinary Hospital. From grocery stores to automotive services and pet care, there are plenty of options available to meet all needs. With its lower cost of living than the national average and its array of local businesses that make life easier for residents, Los Lunas provides an ideal atmosphere for anyone looking for a quiet place to call home.
Los Lunas (zip 87031) has an unemployment rate of 8.0%. The US average is 6.0%.
Los Lunas (zip 87031) has seen the job market increase by 3.4% over the last year. Future job growth over the next ten years is predicted to be 32.7%, which is lower than the US average of 33.5%.
Tax Rates for Los Lunas (zip 87031)
- The Sales Tax Rate for Los Lunas (zip 87031) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Los Lunas (zip 87031) 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 Los Lunas (zip 87031)
- The average income of a Los Lunas (zip 87031) resident is $19,179 a year. The US average is $28,555 a year.
- The Median household income of a Los Lunas (zip 87031) resident is $55,971 a year. The US average is $69,021 a year.