Zip 87045 (Prewitt, NM) Economy


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United States / New Mexico / Gallup Metro Area / McKinley County / No City / Prewitt (zip 87045)
87045 Prewitt, NM is a great place to live. With a 2 bedroom rent of only $820, it's an affordable place to live for both families and individuals. There are many local companies in the area, such as Navajo Refining Company and Sandia Corp Oil & Gas Production. Additionally, 87045 Prewitt, NM is close to many recreational activities like Gila National Forest, which offers hiking trails and camping opportunities. Grocery costs here are also relatively low compared to the US average with a Grocery Cost Index of 87 versus 100 in the US.

Prewitt (zip 87045) has an unemployment rate of 10.7%. The US average is 6.0%.

Prewitt (zip 87045) has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 24.7%, which is lower than the US average of 33.5%.

Tax Rates for Prewitt (zip 87045)
- The Sales Tax Rate for Prewitt (zip 87045) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Prewitt (zip 87045) 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 Prewitt (zip 87045)
- The average income of a Prewitt (zip 87045) resident is $9,616 a year. The US average is $28,555 a year.
- The Median household income of a Prewitt (zip 87045) resident is $31,518 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPrewitt, New MexicoUnited States
  10.76
  -4.6%-6.2%
  24.7%33.5%
  6.8%6.2%
  4.9%4.6%
  $12,082$37,638
  $31,518$69,021
  $28,750$85,028
  Population by Occupation
  0.6%1.2%
  3.3%0.5%
  1.5%6.8%
  3.9%10.0%
  0.2%2.5%
  16.3%11.0%
  3.7%4.8%
  0.4%0.8%
  0.4%1.9%
  0.7%4.7%
  14.4%1.9%
  2.0%7.6%
  0.0%0.1%
  0.6%4.2%
  6.1%9.3%
  18.1%14.0%
  0.4%2.1%
  14.2%7.0%
  5.2%4.8%
  8.1%4.7%
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