Shiprock, NM is a small town located in San Juan County. The 2 Bedroom Rent in this area is $820, which is much lower than the US average of $1,430. Shiprock also has a Grocery Cost Index that is 90 versus the US average of 100. This means that groceries here are relatively cheaper than in other parts of the country. There are several local companies in Shiprock that offer essential services to its citizens including Farview Farms, Stagecoach Petroleum LLC, and Clark’s Auto Repair & Towing. Farview Farms offers locally grown produce and cattle at fair prices while Stagecoach Petroleum LLC provides quality fuel throughout the area. Finally Clark’s Auto Repair & Towing provide reliable auto repair services for those who need it. All three of these businesses form an essential part of the community and serve as key resources for its residents.
Shiprock (zip 87420) has an unemployment rate of 9.7%. The US average is 6.0%.
Shiprock (zip 87420) 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 Shiprock (zip 87420)
- The Sales Tax Rate for Shiprock (zip 87420) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Shiprock (zip 87420) 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 Shiprock (zip 87420)
- The average income of a Shiprock (zip 87420) resident is $13,339 a year. The US average is $28,555 a year.
- The Median household income of a Shiprock (zip 87420) resident is $35,566 a year. The US average is $69,021 a year.