Truth or Consequences, NM (zip code 87901) is an attractive area to live in because the cost of living is significantly lower than the national average. The 2 bedroom rent in this area is only $800 compared to $1,430 on average for the US as a whole. In addition, grocery costs here are only 90 on the index compared to 100 nationally. Local companies like Big J's Supermarket offer various staples at reasonable prices. The store also stocks organic produce from local growers that is often more affordable than many chain stores such as Walmart and Target. Other local businesses like Warren Pawn Shop provide excellent deals on items like jewelry, electronics, and home decor that will bring extra savings to those living in Truth or Consequences.
Truth or Consequences (zip 87901) has an unemployment rate of 9.4%. The US average is 6.0%.
Truth or Consequences (zip 87901) 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 Truth or Consequences (zip 87901)
- The Sales Tax Rate for Truth or Consequences (zip 87901) is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Truth or Consequences (zip 87901) 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 Truth or Consequences (zip 87901)
- The average income of a Truth or Consequences (zip 87901) resident is $24,612 a year. The US average is $37,638 a year.
- The Median household income of a Truth or Consequences (zip 87901) resident is $28,819 a year. The US average is $69,021 a year.