The city of Red River, New Mexico, (zip code 87558) is a great place to live and work. The two bedroom rent in the area is $940 compared to the US average of $1,430, making it an affordable place for renters. In addition to lower housing costs, the Grocery Cost Index in Red River is 102, which is higher than the US average of 100.
Red River has a lot of local businesses that add to its small-town charm. There are several family-owned restaurants such as Silver Street Trading Company and Elkhorn BBQ that offer delicious home-cooked meals. For outdoor activities there's High Country Four Wheel Drive and Expedition Outfitters who can help you find all the best spots around town. Shopping for gifts or supplies can be done at the local general store Choke Cherry Tree or at the True Value Hardware Store.
Red River (zip 87558) has an unemployment rate of 10.5%. The US average is 6.0%.
Red River (zip 87558) has seen the job market decrease by -7.8% over the last year. Future job growth over the next ten years is predicted to be 30.2%, which is lower than the US average of 33.5%.
Tax Rates for Red River (zip 87558)
- The Sales Tax Rate for Red River (zip 87558) is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Red River (zip 87558) 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 Red River (zip 87558)
- The average income of a Red River (zip 87558) resident is $45,503 a year. The US average is $37,638 a year.
- The Median household income of a Red River (zip 87558) resident is $0 a year. The US average is $69,021 a year.