Caballo, New Mexico (population 87931) is an attractive place to live due to its affordability. The average rent for a 2-bedroom apartment in Caballo is only $800 per month, compared to the national average of $1,430. Similarly, groceries in the area are notably cheaper than elsewhere with a Grocery Cost Index of 94 compared to 100 nationally.
The town has plenty to offer residents and features some notable local companies such as Pecos Valley Telecom, C&K Taxidermy and Javalina Construction. There are also several great restaurants such as the Caballo Cafe and La Casita Taqueria. With its affordability, thriving businesses and unending array of activities for locals, it's no wonder that Caballo is a popular choice for those looking for a new home.
Caballo (zip 87931) has an unemployment rate of 9.4%. The US average is 6.0%.
Caballo (zip 87931) has seen the job market increase by 2.1% over the last year. Future job growth over the next ten years is predicted to be 29.8%, which is lower than the US average of 33.5%.
Tax Rates for Caballo (zip 87931)
- The Sales Tax Rate for Caballo (zip 87931) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Caballo (zip 87931) is 4.9%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing 黑料社区.
Income and Salaries for Caballo (zip 87931)
- The average income of a Caballo (zip 87931) resident is $23,698 a year. The US average is $37,638 a year.
- The Median household income of a Caballo (zip 87931) resident is $42,016 a year. The US average is $69,021 a year.