Milan, New Mexico is a small city nestled in the mountains of Cibola County. It has a population of around 87021 people and is known for its scenic beauty and outdoor recreation opportunities. The average 2 Bedroom rent in Milan is $730 which is significantly less than the US average at $1,430. Additionally, the Grocery Cost Index in Milan is 90 compared to 100 in the US.
The city offers many different activities for visitors and locals alike such as fishing, camping, hiking, horseback riding, visiting historical sites, shopping at local stores and galleries, or simply taking in the natural beauty that surrounds it. Large companies within the area include DaVita Dialysis Services and Gallagher Performance Horses. Notable tourist attractions include Fenton Lake State Park where visitors can enjoy fishing and swimming as well as El Malpais National Monument for its unique geological features such as lava tubes and sandstone bluffs.
Milan (zip 87021) has an unemployment rate of 10.3%. The US average is 6.0%.
Milan (zip 87021) has seen the job market decrease by -2.2% over the last year. Future job growth over the next ten years is predicted to be 18.3%, which is lower than the US average of 33.5%.
Tax Rates for Milan (zip 87021)
- The Sales Tax Rate for Milan (zip 87021) is 8.1%. The US average is 7.3%.
- The Income Tax Rate for Milan (zip 87021) 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 Milan (zip 87021)
- The average income of a Milan (zip 87021) resident is $22,764 a year. The US average is $37,638 a year.
- The Median household income of a Milan (zip 87021) resident is $58,750 a year. The US average is $69,021 a year.