87320 Nakaibito, NM is a small rural town located in McKinley County. Here, 2 bedroom rent is quite affordable at $790 per month, making it an ideal place for new families to settle down. The Grocery Cost Index here is 88 compared to the US average of 100 making it even more economical to make ends meet. The median family income for 87320 Nakaibito is $26,244 which is slightly lower than most other towns in the area, however local businesses such as Nakai Trading Post or Navajo Arts & Crafts Enterprise provide job opportunities to locals. The town of 87320 Nakaibito also has some interesting history; it was once a trading post between the Navajo and Spanish pioneers in a bygone era.
Nakaibito (zip 87320) has an unemployment rate of 10.7%. The US average is 6.0%.
Nakaibito (zip 87320) has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 24.7%, which is lower than the US average of 33.5%.
Tax Rates for Nakaibito (zip 87320)
- The Sales Tax Rate for Nakaibito (zip 87320) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Nakaibito (zip 87320) 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 Nakaibito (zip 87320)
- The average income of a Nakaibito (zip 87320) resident is $11,900 a year. The US average is $28,555 a year.
- The Median household income of a Nakaibito (zip 87320) resident is $29,250 a year. The US average is $69,021 a year.