Sedan, New Mexico (zip code 88436) is a small village located in Chaves County. The cost of living in Sedan is relatively low, with a two-bedroom rent at only $720 compared to the US average of $1,430. Additionally, the grocery cost index in Sedan is 97 versus 100 in the US. As such, it provides an affordable place to live for those looking to relocate.
Sedan is home to many local companies and businesses, including Richardson Dairy Farm & Revolution Design Graphics INC., McGee Cattle Company LLC., and Watt's Automotive & Radiator Repair LLC. In addition to these larger companies, there are also several smaller companies providing quality products and services such as ABC Services Inc., JRC Construction Co., and The White Wolf Gunsmithing LLC. All of these businesses provide residents of Sedan with various jobs and opportunities for services that contribute to the local economy and community.
Sedan (zip 88436) has an unemployment rate of 4.3%. The US average is 6.0%.
Sedan (zip 88436) has seen the job market decrease by -12.9% over the last year. Future job growth over the next ten years is predicted to be 22.2%, which is lower than the US average of 33.5%.
Tax Rates for Sedan (zip 88436)
- The Sales Tax Rate for Sedan (zip 88436) is 6.1%. The US average is 7.3%.
- The Income Tax Rate for Sedan (zip 88436) 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 Sedan (zip 88436)
- The average income of a Sedan (zip 88436) resident is $25,756 a year. The US average is $37,638 a year.
- The Median household income of a Sedan (zip 88436) resident is $0 a year. The US average is $69,021 a year.