Zip 87829 (Quemado, NM) Economy


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United States / New Mexico / No Metro Area / Catron County / Quemado / Quemado (zip 87829)
Located in 87829 Quemado, NM, the rent for a 2-bedroom apartment is $770 which is much lower than the US average of $1,430. Furthermore, the grocery cost index is 96 compared to a US average of 100, making groceries more affordable in 87829 Quemado, NM. There are many local companies in this area such as Dillard Construction Inc., American Legion Post 479 Quemado and Natural Art Creations & Landscape Design. Dillard Construction Inc. specializes in residential and commercial construction services while American Legion Post 479 Quemado provides support for veterans and their families. For landscape design, Natural Art Creations & Landscape Design offers custom landscape designs tailored to fit their clients' needs.

Quemado (zip 87829) has an unemployment rate of 7.8%. The US average is 6.0%.

Quemado (zip 87829) has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 21.0%, which is lower than the US average of 33.5%.

Tax Rates for Quemado (zip 87829)
- The Sales Tax Rate for Quemado (zip 87829) is 5.7%. The US average is 7.3%.
- The Income Tax Rate for Quemado (zip 87829) 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 Quemado (zip 87829)
- The average income of a Quemado (zip 87829) resident is $19,265 a year. The US average is $28,555 a year.
- The Median household income of a Quemado (zip 87829) resident is $42,885 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyQuemado, New MexicoUnited States
  7.86
  0.6%-6.2%
  21.0%33.5%
  5.7%6.2%
  4.9%4.6%
  $26,672$37,638
  $42,885$69,021
  $55,625$85,028
  Population by Occupation
  6.9%1.2%
  0.0%0.5%
  34.0%6.8%
  0.0%10.0%
  0.0%2.5%
  31.3%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  0.0%9.3%
  16.0%14.0%
  0.0%2.1%
  0.0%7.0%
  0.0%4.8%
  11.8%4.7%
Health