Rainsville, NM 87736 is a small town located in New Mexico. It has a population of just over 1,000 people. The cost of living in Rainsville is quite affordable compared to other towns and cities nearby. For example, 2 bedroom rent in Rainsville is only $780 per month, which is much lower than the US average of $1,430 per month. Additionally, grocery items are also more affordable than the US average with an index score of 96. Thus making living in Rainsville even more accessible for those on a budget.
Rainsville provides many local businesses to its citizens that help create an enjoyable environment. The local medical facility is called Copper Mountain Community Hospital and there are several restaurants such as Pizza Bloodshed and Deli Donuts Cafe & Grill for dining out. Other businesses located within Rainsville include Ace Hardware for home repairs and J&M Grocery Store for all your daily needs.
Overall, Rainsville is an incredibly affordable place to live in New Mexico with its low cost rent prices and grocery costs. With so many local businesses available to its citizens it’s easy to see why the town of Rainsville continues to be popular amongst those looking for an inexpensive place to call home.
Rainsville (zip 87736) has an unemployment rate of 7.4%. The US average is 6.0%.
Rainsville (zip 87736) has seen the job market decrease by -9.3% over the last year. Future job growth over the next ten years is predicted to be 25.5%, which is lower than the US average of 33.5%.
Tax Rates for Rainsville (zip 87736)
- The Sales Tax Rate for Rainsville (zip 87736) is 6.7%. The US average is 7.3%.
- The Income Tax Rate for Rainsville (zip 87736) 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 Rainsville (zip 87736)
- The average income of a Rainsville (zip 87736) resident is $23,568 a year. The US average is $37,638 a year.
- The Median household income of a Rainsville (zip 87736) resident is $0 a year. The US average is $69,021 a year.