Zip 87047 (Sandia Park, NM) Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
Sandia Park, New Mexico (87047) is a small town situated on the beautiful Sandia Mountains. It is known for its quiet atmosphere and scenic views as well as its abundant outdoor activities. With its close proximity to the city of Albuquerque, it has become an ideal weekend retreat for many who work in the area. The average two bedroom rent in Sandia Park is $1,700 whereas the US average is $1,430. Additionally, grocery cost index in Sandia Park is 100 versus 100 in the US.
Local attractions near Sandia Park include stunning views of the mountains at Sandia Crest Trailhead and a tranquil experience at La Cueva Picnic Area. For those looking for some adventure there are several outdoor activities like rock climbing, mountain biking and horseback riding to explore nearby. Popular local businesses include Sue's Country Store for food items or gifts and Alamo Narrows Trading Post for art supplies or clothes. When it comes to dining you can find delicious Mexican cuisine at Corrales Bistro Bar or try out one of their famous burgers at Cowboy Burgers & BBQ. Whether you’re after an exciting day exploring or simply looking to relax in a peaceful environment, 87047 Sandia Park has you covered.

Sandia Park (zip 87047) has an unemployment rate of 7.3%. The US average is 6.0%.

Sandia Park (zip 87047) has seen the job market increase by 3.3% over the last year. Future job growth over the next ten years is predicted to be 34.4%, which is higher than the US average of 33.5%.

Tax Rates for Sandia Park (zip 87047)
- The Sales Tax Rate for Sandia Park (zip 87047) is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Sandia Park (zip 87047) 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 Sandia Park (zip 87047)
- The average income of a Sandia Park (zip 87047) resident is $39,465 a year. The US average is $28,555 a year.
- The Median household income of a Sandia Park (zip 87047) resident is $99,591 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySandia Park, New MexicoUnited States
  7.36
  -5.1%-6.2%
  34.4%33.5%
  6.4%6.2%
  4.9%4.6%
  $45,449$37,638
  $99,591$69,021
  $108,281$85,028
  Population by Occupation
  2.7%1.2%
  0.0%0.5%
  6.4%6.8%
  0.7%10.0%
  0.0%2.5%
  7.0%11.0%
  2.4%4.8%
  0.3%0.8%
  2.1%1.9%
  2.8%4.7%
  2.8%1.9%
  20.1%7.6%
  0.0%0.1%
  3.6%4.2%
  13.1%9.3%
  13.8%14.0%
  2.1%2.1%
  6.4%7.0%
  4.2%4.8%
  9.4%4.7%
Health