Zip 88130 (Portales, NM) Economy


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88130 Portales, NM is an ideal place to settle down and start a new life. With 2 bedroom rent for only $860 per month, it's much more affordable than the national average of $1,430. Additionally, grocery costs are lower in 88130 Portales, NM than they are across the nation with an index of 92 compared to 100.
Local companies in 88130 Portales, NM include Pecos Valley Telecommunications which provides internet and telephone service to local residents and businesses. Eastern New Mexico University-Portales offers academic courses as well as workshops and events to keep residents informed and entertained. Amistad Media is a local media outlet providing up-to-date news to the community through radio broadcasts. Community members can also find hair salons and barber shops such as Hair by Lydia or go shopping at Amigas Boutique or Country Creations for unique items.

Portales (zip 88130) has an unemployment rate of 6.1%. The US average is 6.0%.

Portales (zip 88130) has seen the job market decrease by -1.3% over the last year. Future job growth over the next ten years is predicted to be 23.6%, which is lower than the US average of 33.5%.

Tax Rates for Portales (zip 88130)
- The Sales Tax Rate for Portales (zip 88130) is 8.2%. The US average is 7.3%.
- The Income Tax Rate for Portales (zip 88130) 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 Portales (zip 88130)
- The average income of a Portales (zip 88130) resident is $21,955 a year. The US average is $37,638 a year.
- The Median household income of a Portales (zip 88130) resident is $47,694 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPortales, New MexicoUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
Reviews for Portales
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When I first moved to Portales I thought it would be aweful. People complained that it was small and run down. But the truth is that those people haven't spent the time  More

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