Tierra Amarilla, NM is a small city located in Rio Arriba County, New Mexico. It is home to a variety of businesses, including the Tierra Amarilla Electric Co-op, Rio Arriba County Fire Department, and La Cienega Development Company. The cost of living in Tierra Amarilla is lower than the national average; 2 bedroom rent averages $770 per month compared to $1,430 nationally. Additionally, grocery costs are only slightly higher than the US index of 100 at 102. These benefits are attractive to those seeking a good quality of life in an affordable place to live.
Tierra Amarilla has an unemployment rate of 8.0%. The US average is 6.0%.
Tierra Amarilla has seen the job market decrease by -3.1% over the last year. Future job growth over the next ten years is predicted to be 33.2%, which is lower than the US average of 33.5%.
Tax Rates for Tierra Amarilla
- The Sales Tax Rate for Tierra Amarilla is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Tierra Amarilla is 4.9%. The US average is 4.6%.
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Income and Salaries for Tierra Amarilla
- The average income of a Tierra Amarilla resident is $11,690 a year. The US average is $37,638 a year.
- The Median household income of a Tierra Amarilla resident is $0 a year. The US average is $69,021 a year.