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Malaga, NM 88263 has a population of approximately 150 and experiences a population change rate of 13.64%. The population density is 1.5 / sq mi .
The median household income for Malaga, NM 88263 is $112,083, with 62 households and an average household size of 2.77.
The median value of a home in Malaga, NM 88263 is $273,100 with an appreciation rate of 6.20%. 74.19% of housing in the state is owned while 25.81% is rented.
The cost of living in Malaga, NM 88263 is 102 %.
The unemployment rate in Malaga, NM 88263 is 2.10%, and recent job growth is at 2.64%. Future job growth is projected at 29.41%.
The sales tax rate in Malaga, NM 88263 is 5.83%, while the income tax rate is 4.90% .
School expenditures in Malaga, NM 88263 are $13,128, and the school ratio is 18.3:1.
The average high temperature in July is 96 degrees, with an average low temperature in January of 28.5 degrees. The average rainfall is approximately 13.3 inches per year, with 4.4 inches of snow per year.