87461 Sanostee, NM is a small town located in the Navajo Nation. The town has a population of less than 1,000 people and features two main businesses: the trading post and grocery store. The low population means that rent here is considerably lower than the national average. Two bedroom rent in 87461 Sanostee, NM costs only $780 per month while the US average for a two-bedroom apartment is $1,430 per month. Additionally, grocery cost index in 87461 Sanostee, NM is 88 compared to 100 at the national level. Therefore, living in this area provides cost savings without sacrificing too much on amenities—especially since both the trading post and grocery store provide locals with essential goods and services.
Sanostee (zip 87461) has an unemployment rate of 9.7%. The US average is 6.0%.
Sanostee (zip 87461) has seen the job market increase by 2.5% over the last year. Future job growth over the next ten years is predicted to be 18.2%, which is lower than the US average of 33.5%.
Tax Rates for Sanostee (zip 87461)
- The Sales Tax Rate for Sanostee (zip 87461) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Sanostee (zip 87461) 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 Sanostee (zip 87461)
- The average income of a Sanostee (zip 87461) resident is $10,139 a year. The US average is $28,555 a year.
- The Median household income of a Sanostee (zip 87461) resident is $27,125 a year. The US average is $69,021 a year.