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Zip 88125 (Milnesand, NM) Economy


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88125 Milnesand, NM is a small town located in the heart of Texas. It is known for its friendly atmosphere and relatively low cost of living. An average two bedroom apartment rental in Milnesand can be as low as $890 per month, compared to an average of $1,430 in the United States. This makes it an ideal place to live for those looking to save money on rent. Additionally, the grocery cost index in Milnesand is 92 versus 100 in the US, making it a great place to save money on groceries too.
This quaint city offers plenty of activities and resources, such as local businesses like Tumbleweed Theater & Movie Rental and 91 Catering Company. These companies give residents easy access to food and entertainment options without having to travel far away from home. The convenience of these local businesses make life easier for residents of 88125 Milnesand,NM while allowing them to take advantage of lower living costs than other cities across the United States.

Milnesand (zip 88125) has an unemployment rate of 6.1%. The US average is 6.0%.

Milnesand (zip 88125) has seen the job market decrease by -1.3% over the last year. Future job growth over the next ten years is predicted to be 23.6%, which is lower than the US average of 33.5%.

Tax Rates for Milnesand (zip 88125)
- The Sales Tax Rate for Milnesand (zip 88125) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Milnesand (zip 88125) is 4.9%. The US average is 4.6%.
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Income and Salaries for Milnesand (zip 88125)
- The average income of a Milnesand (zip 88125) resident is $19,535 a year. The US average is $37,638 a year.
- The Median household income of a Milnesand (zip 88125) resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMilnesand, New MexicoUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
Household Income 69021
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