88341 Nogal, NM is a small town located in the state of New Mexico with a population of about 2,082 people. It is known for its rural landscape and ranching heritage. Rent for a two-bedroom apartment is $790, which is significantly lower than the US average of $1,430. Grocery costs are also lower than the USA at 99 index versus 100 in the US. The city has a variety of local businesses, restaurants and attractions to enjoy. Notable companies include Southwestern Electric Co-op Inc., Neutron Industries LLC., and Stiffarm Corporation. Popular restaurants in the area are El Burro Loco Mexican Grill & Cantina, Tumbleweed Saloon & Grill and Rio Chama Steakhouse. Notable attractions include Capilla de San Antonio de Padua Church and Lincoln National Forest's Smokey Bear Ranger District Office which offers outdoor recreational activities such as fishing, camping and hiking.
Nogal (zip 88341) has an unemployment rate of 8.8%. The US average is 6.0%.
Nogal (zip 88341) has seen the job market increase by 2.1% over the last year. Future job growth over the next ten years is predicted to be 28.0%, which is lower than the US average of 33.5%.
Tax Rates for Nogal (zip 88341)
- The Sales Tax Rate for Nogal (zip 88341) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Nogal (zip 88341) 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 Nogal (zip 88341)
- The average income of a Nogal (zip 88341) resident is $21,517 a year. The US average is $28,555 a year.
- The Median household income of a Nogal (zip 88341) resident is $55,400 a year. The US average is $69,021 a year.