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Santa Teresa, NM 88008 has a population of approximately 7,525 and experiences a population change rate of 35.56%. The population density is 152.1 / sq mi .
The median household income for Santa Teresa, NM 88008 is $63,446, with 4,001 households and an average household size of 2.75.
The median value of a home in Santa Teresa, NM 88008 is $283,200 with an appreciation rate of 18.30%. 73.90% of housing in the state is owned while 20.35% is rented.
The cost of living in Santa Teresa, NM 88008 is 97.1 %.
The unemployment rate in Santa Teresa, NM 88008 is 3.90%, and recent job growth is at 1.54%. Future job growth is projected at 41.29%.
The sales tax rate in Santa Teresa, NM 88008 is 8.31%, while the income tax rate is 4.90% .
School expenditures in Santa Teresa, NM 88008 are $12,307, and the school ratio is 15.1:1.
The average high temperature in July is 94.8 degrees, with an average low temperature in January of 31 degrees. The average rainfall is approximately 10.2 inches per year, with 3 inches of snow per year.
