Zip 87044 (Ponderosa, NM) Economy


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87044 Ponderosa, NM is a great place to live with an affordable cost of living. The two bedroom rent for this area is $1,440 which is comparatively lower than the national average of $1,430. Additionally, the grocery cost index in this area is 92 versus 100 in US which further adds to its affordability. There are several great companies located in this region including US Supply Co., Wagner Medical Products, and Sheridan Industries. US Supply Co. offers a wide range of construction products while Wagner Medical Products have been supplying healthcare providers for almost 50 years now. Lastly, Sheridan Industries specializes in providing custom metal fabrication services to many industries like aerospace and automotive.

Ponderosa (zip 87044) has an unemployment rate of 8.0%. The US average is 6.0%.

Ponderosa (zip 87044) has seen the job market decrease by -5.5% over the last year. Future job growth over the next ten years is predicted to be 37.5%, which is higher than the US average of 33.5%.

Tax Rates for Ponderosa (zip 87044)
- The Sales Tax Rate for Ponderosa (zip 87044) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Ponderosa (zip 87044) 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 Ponderosa (zip 87044)
- The average income of a Ponderosa (zip 87044) resident is $38,702 a year. The US average is $37,638 a year.
- The Median household income of a Ponderosa (zip 87044) resident is $50,481 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPonderosa, New MexicoUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
Family Median Income 85028
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