Paguate, New Mexico (87040) is a small town located in Cibola County. It has a population of 818 people. The average two bedroom rent in Paguate is $730, which is significantly lower than the nationwide average of $1,430. This makes Paguate an affordable place to live for those on a budget. The grocery cost index in Paguate is 90 compared to 100 nationwide.
The community boasts plenty of local businesses and services that make life convenient for its residents. There are several restaurants including Las Palomas Restaurant, Red Chile Express and La Siesta Cafe, as well as shops like Caboose Trading Post and Sorrel Sky Gallery that offer unique items from the region. Additionally, locals have access to medical care at To'hajiilee Health Center and enjoy recreational options such as Valley View Golf Course and Tohajiilee Lake Recreation Area for fishing or camping on the weekends.
Paguate (zip 87040) has an unemployment rate of 10.3%. The US average is 6.0%.
Paguate (zip 87040) 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 Paguate (zip 87040)
- The Sales Tax Rate for Paguate (zip 87040) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Paguate (zip 87040) 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 Paguate (zip 87040)
- The average income of a Paguate (zip 87040) resident is $14,202 a year. The US average is $37,638 a year.
- The Median household income of a Paguate (zip 87040) resident is $36,667 a year. The US average is $69,021 a year.