Zip 87728 (Maxwell, NM) Economy


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United States / New Mexico / No Metro Area / Colfax County / Maxwell / Maxwell (zip 87728)
Located in Maxwell, NM 87728, 2 Bedroom Rent is particularly low at $770 compared to the US average of $1,430. Grocery costs are also relatively low at 90 index points compared to the national average of 100. This makes Maxwell a great option for those looking for affordable housing and groceries. While some local companies provide these services, popular options include El Rancho Supermarket and M&M Real Estate Services. El Rancho Supermarket offers fresh produce, meats, snacks and more while M&M Real Estate Services provides property management services for residential and commercial rentals.

Maxwell (zip 87728) has an unemployment rate of 7.1%. The US average is 6.0%.

Maxwell (zip 87728) has seen the job market decrease by -0.6% over the last year. Future job growth over the next ten years is predicted to be 9.9%, which is lower than the US average of 33.5%.

Tax Rates for Maxwell (zip 87728)
- The Sales Tax Rate for Maxwell (zip 87728) is 6.1%. The US average is 7.3%.
- The Income Tax Rate for Maxwell (zip 87728) 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 Maxwell (zip 87728)
- The average income of a Maxwell (zip 87728) resident is $20,183 a year. The US average is $28,555 a year.
- The Median household income of a Maxwell (zip 87728) resident is $43,125 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMaxwell, New MexicoUnited States
  7.16
  -8.5%-6.2%
  9.9%33.5%
  6.1%6.2%
  4.9%4.6%
  $16,605$37,638
  $43,125$69,021
  $43,438$85,028
  Population by Occupation
  4.7%1.2%
  0.0%0.5%
  17.4%6.8%
  9.3%10.0%
  0.0%2.5%
  4.1%11.0%
  5.8%4.8%
  0.0%0.8%
  0.0%1.9%
  1.7%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  15.1%9.3%
  21.5%14.0%
  0.6%2.1%
  7.6%7.0%
  2.9%4.8%
  9.3%4.7%
Health