Vaughn, New Mexico (88353) is a small town located in the south-central region of the state. It is home to just over 400 people and boasts a low cost of living. Those looking for a 2 bedroom apartment will be pleased to find that rent averages at only $720 per month – much lower than the national average of $1,430 per month. Grocery costs in Vaughn are also significantly lower than other areas with an index of 87 compared to 100 nationally.
Vaughn is a great place for those who appreciate small town life; there are plenty of local businesses such as Quiny's Country Store, El Parral Mexican Restaurant, El Cielo Bar & Grill, Vaughn Fruit Stand and Vaughn Auto Parts to explore and shop at. The city also has several schools including Vaughn Elementary School, Lyndon B Johnson Middle School and Stone High School. For entertainment there is Smokey Bear Historical Park and Museum and Ute Mountain Casino which offer plenty of activities for the whole family to enjoy.
Vaughn (zip 88353) has an unemployment rate of 7.7%. The US average is 6.0%.
Vaughn (zip 88353) has seen the job market decrease by -4.2% over the last year. Future job growth over the next ten years is predicted to be 24.8%, which is lower than the US average of 33.5%.
Tax Rates for Vaughn (zip 88353)
- The Sales Tax Rate for Vaughn (zip 88353) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Vaughn (zip 88353) 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 Vaughn (zip 88353)
- The average income of a Vaughn (zip 88353) resident is $12,076 a year. The US average is $37,638 a year.
- The Median household income of a Vaughn (zip 88353) resident is $22,656 a year. The US average is $69,021 a year.