Cotton City, NM 88020 has a population of approximately 680 and experiences a population change rate of -36.03%. The population density is 0.6 / sq mi .
Cotton City, NM 88020 has a population of approximately 680 and experiences a population change rate of -36.03%. The population density is 0.6 / sq mi .
The median household income for Cotton City, NM 88020 is $52,500, with 306 households and an average household size of 2.55.
The median value of a home in Cotton City, NM 88020 is $135,400 with an appreciation rate of 18.30%. 61.43% of housing in the state is owned while 11.43% is rented.
The cost of living in Cotton City, NM 88020 is 79.2 %.
The unemployment rate in Cotton City, NM 88020 is 2.60%, and recent job growth is at 0.66%. Future job growth is projected at 30.42%.
The sales tax rate in Cotton City, NM 88020 is 6.06%, while the income tax rate is 4.90% .
School expenditures in Cotton City, NM 88020 are $19,489, and the school ratio is 12.9:1.
The average high temperature in July is 94.5 degrees, with an average low temperature in January of 27.6 degrees. The average rainfall is approximately 11.9 inches per year, with 4.5 inches of snow per year.