Zip 87036 (Mountainair, NM) Economy


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87036 Mountainair, NM is a small town located in Torrance County with a population of 706 as of 2018. The average two-bedroom rent in 87036 Mountainair, NM is $930 per month which is significantly lower than the national average of $1,430. Additionally, Mountainair has a grocery cost index of 91 compared to the US at 100 making it a very affordable place to live. Local businesses in 87036 Mountainair, NM include Hotel Gage which offers local cuisine and lodging for visitors, Rocky Mountain Family Medicine offering medical care services, and Crafty Lady Boutique offering unique handmade crafts and gifts.

Mountainair (zip 87036) has an unemployment rate of 8.8%. The US average is 6.0%.

Mountainair (zip 87036) has seen the job market decrease by -8.3% over the last year. Future job growth over the next ten years is predicted to be 28.1%, which is lower than the US average of 33.5%.

Tax Rates for Mountainair (zip 87036)
- The Sales Tax Rate for Mountainair (zip 87036) is 7.9%. The US average is 7.3%.
- The Income Tax Rate for Mountainair (zip 87036) 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 Mountainair (zip 87036)
- The average income of a Mountainair (zip 87036) resident is $23,150 a year. The US average is $37,638 a year.
- The Median household income of a Mountainair (zip 87036) resident is $47,619 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMountainair, New MexicoUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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