Mesilla, NM (zip code 88046) is a small town with a population of 2,196. The cost of living in Mesilla is lower than the national average. The average cost of a two bedroom apartment in Mesilla is $870, which is significantly lower than the national average of $1,430 for the same size apartment. Groceries are also relatively inexpensive here with an index score of 99 versus 100 in the US.
Local businesses in 88046 Mesilla include La Posta de Mesilla restaurant, Sweet Basil Trading Company Gift Shop, and Lori's Natural Foods store. These companies provide residents and visitors alike with goods and services that make living in Mesilla a pleasant experience.
The difference between local rent and US rent in Mesilla is substantial; the average two bedroom rental cost in 88046 Mesilla is $560 less than the national average rental price. This demonstrates why many people choose to reside in this location due to its comparatively low cost of living.
Mesilla (zip 88046) has an unemployment rate of 8.0%. The US average is 6.0%.
Mesilla (zip 88046) has seen the job market decrease by -4.0% over the last year. Future job growth over the next ten years is predicted to be 24.0%, which is lower than the US average of 33.5%.
Tax Rates for Mesilla (zip 88046)
- The Sales Tax Rate for Mesilla (zip 88046) is 8.2%. The US average is 7.3%.
- The Income Tax Rate for Mesilla (zip 88046) 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 Mesilla (zip 88046)
- The average income of a Mesilla (zip 88046) resident is $36,802 a year. The US average is $37,638 a year.
- The Median household income of a Mesilla (zip 88046) resident is $51,731 a year. The US average is $69,021 a year.