Located close to the Mexican border in Santa Teresa, New Mexico is 88008. 88008 is a part of Doña Ana County and offers those living there many great businesses to enjoy. Average 2 bedroom rent in 88008 is $960 compared to the national average of $1,430. Additionally, the grocery cost index in 88008 is 96 compared to 100 in the US. Local businesses in 88008 include The Edge Coffeehouse & Wine Bar, Los Compadres Mexican Restaurant, and Amigo Fast Food. These are just a few examples of the many great businesses that can be found within 88008 Santa Teresa, NM.
Santa Teresa (zip 88008) has an unemployment rate of 8.0%. The US average is 6.0%.
Santa Teresa (zip 88008) has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 24.0%, which is lower than the US average of 33.5%.
Tax Rates for Santa Teresa (zip 88008)
- The Sales Tax Rate for Santa Teresa (zip 88008) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Santa Teresa (zip 88008) 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 Santa Teresa (zip 88008)
- The average income of a Santa Teresa (zip 88008) resident is $20,399 a year. The US average is $28,555 a year.
- The Median household income of a Santa Teresa (zip 88008) resident is $63,446 a year. The US average is $69,021 a year.