Mesilla Park, New Mexico (88047) is a small town located in Dona Ana County, close to the Mexico border. This small town provides residents with a unique blend of rural and urban life. The two-bedroom rent in Mesilla Park is relatively low, coming in at $970 compared to the US average, which is $1,430. Grocery costs are also less expensive than the US average; here it's 97 versus 100 in the US. Other than housing and groceries there are a few local businesses that help contribute to the economy here such as Stickel's Grocery Store and Mesilla Valley Transportation Co. All-in-all Mesilla Park offers an affordable cost of living for those looking for a place to call home while enjoying some of the best rural life has to offer.
Mesilla Park (zip 88047) has an unemployment rate of 8.0%. The US average is 6.0%.
Mesilla Park (zip 88047) 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 24.0%, which is lower than the US average of 33.5%.
Tax Rates for Mesilla Park (zip 88047)
- The Sales Tax Rate for Mesilla Park (zip 88047) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Mesilla Park (zip 88047) 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 Park (zip 88047)
- The average income of a Mesilla Park (zip 88047) resident is $18,523 a year. The US average is $28,555 a year.
- The Median household income of a Mesilla Park (zip 88047) resident is $40,538 a year. The US average is $69,021 a year.