Zip 87042 (Peralta, NM) Economy


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Peralta, New Mexico (87042) is a great place to live and work. There are many local businesses that serve the community. The 2 bedroom rent in Peralta is $1,190 which is considerably less than the US average of $1,430. Although it is lower than the national average, there are still other cost saving benefits to living in Peralta. For instance, the Grocery Cost Index in Peralta is 96 compared to 100 in the US. As far as local businesses go, there many companies such as Gold Star Foods and JC's Produce who offer fresh produce at competitive prices. Additionally, Peralta has a number of great restaurants such as Rosas' Mexican Cuisine and La Habana Café that provide excellent food at affordable prices. All of these factors make living in Peralta affordable without sacrificing quality or convenience.

Peralta (zip 87042) has an unemployment rate of 8.0%. The US average is 6.0%.

Peralta (zip 87042) has seen the job market increase by 3.4% over the last year. Future job growth over the next ten years is predicted to be 32.7%, which is lower than the US average of 33.5%.

Tax Rates for Peralta (zip 87042)
- The Sales Tax Rate for Peralta (zip 87042) is 7.9%. The US average is 7.3%.
- The Income Tax Rate for Peralta (zip 87042) 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 Peralta (zip 87042)
- The average income of a Peralta (zip 87042) resident is $22,509 a year. The US average is $28,555 a year.
- The Median household income of a Peralta (zip 87042) resident is $53,764 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPeralta, New MexicoUnited States
  86
  -5.4%-6.2%
  32.7%33.5%
  7.9%6.2%
  4.9%4.6%
  $48,702$37,638
  $53,764$69,021
  $64,458$85,028
  Population by Occupation
  6.7%1.2%
  0.0%0.5%
  9.5%6.8%
  1.9%10.0%
  0.0%2.5%
  1.3%11.0%
  5.7%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  4.1%1.9%
  20.1%7.6%
  0.0%0.1%
  8.4%4.2%
  9.6%9.3%
  14.3%14.0%
  0.0%2.1%
  3.1%7.0%
  2.5%4.8%
  12.8%4.7%
Health