Tucumcari, NM (88401) is a small city with an estimated population of 5,000. The cost of renting a two bedroom home in the city is $710, which is much more affordable than the national average of $1,430. The local grocery cost index is 97 compared to the US average of 100.
Tucumcari offers a variety of local attractions to explore such as Yucca Theater, Tucumcari Historical Museum and Mesalands Dinosaur Museum & Natural Sciences Laboratory. The nearby villages also offer some great shopping opportunities and restaurants. Additionally, there are various educational resources available for those living in the area including local elementary schools, middle schools and high school along with Eastern New Mexico University - Tucumcari Campus which provides higher education options for students in the area. In terms of employment opportunities, residents can find work at Tucumcari Memorial Medical Center and Tyson Foods Inc which are two major employers in the city.
Tucumcari (zip 88401) has an unemployment rate of 7.5%. The US average is 6.0%.
Tucumcari (zip 88401) has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 26.0%, which is lower than the US average of 33.5%.
Tax Rates for Tucumcari (zip 88401)
- The Sales Tax Rate for Tucumcari (zip 88401) is 8.4%. The US average is 7.3%.
- The Income Tax Rate for Tucumcari (zip 88401) 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 Tucumcari (zip 88401)
- The average income of a Tucumcari (zip 88401) resident is $15,743 a year. The US average is $28,555 a year.
- The Median household income of a Tucumcari (zip 88401) resident is $32,585 a year. The US average is $69,021 a year.