Zip 88231 (Eunice, NM) Economy


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Eunice, New Mexico (88231) is a small city with great potential for growth. The cost of living in Eunice is quite low compared to the national average, with two bedroom rent costing only $1,040 and a grocery cost index of 91 compared to 100 in the US. This makes it an ideal place to live on a budget. Eunice has a number of locally owned companies that offer services and goods such as advanced healthcare, retail stores, restaurants, automotive services, entertainment venues and much more. These local businesses offer competitive prices for their services and products which make them attractive to residents of Eunice. With its low cost of living and numerous local businesses, Eunice is an excellent place to call home.

Eunice (zip 88231) has an unemployment rate of 11.3%. The US average is 6.0%.

Eunice (zip 88231) has seen the job market increase by 7.8% over the last year. Future job growth over the next ten years is predicted to be 22.3%, which is lower than the US average of 33.5%.

Tax Rates for Eunice (zip 88231)
- The Sales Tax Rate for Eunice (zip 88231) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Eunice (zip 88231) 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 Eunice (zip 88231)
- The average income of a Eunice (zip 88231) resident is $29,925 a year. The US average is $28,555 a year.
- The Median household income of a Eunice (zip 88231) resident is $71,042 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyEunice, New MexicoUnited States
  11.36
  -12.8%-6.2%
  22.3%33.5%
  7.3%6.2%
  4.9%4.6%
  $25,126$37,638
  $71,042$69,021
  $67,325$85,028
  Population by Occupation
  3.5%1.2%
  14.9%0.5%
  9.6%6.8%
  2.5%10.0%
  4.4%2.5%
  1.9%11.0%
  1.9%4.8%
  1.0%0.8%
  0.0%1.9%
  1.5%4.7%
  4.2%1.9%
  0.8%7.6%
  0.0%0.1%
  3.6%4.2%
  8.7%9.3%
  7.8%14.0%
  0.0%2.1%
  20.2%7.0%
  5.9%4.8%
  7.6%4.7%
Health