Los Alamos Among Best Counties In New Mexico To Grow Short-Term Savings

SMARTASSET News:
 
A new study by SmartAsset ranked Los Alamos County among the top places in New Mexico to grow your short-term savings.
 
The study analyzed data on savings account rates, household income, living expenses and taxes to determine where savings could be maximized over a one-year period.
 
Check out the table below to see how the leaders in New Mexico ranked:
 
Rank
County
Median Income
Short-term Savings Interest Earned
Short-term Savings Return Rate
Long-term Savings Interest Earned
Long-term Savings Return Rate
Short-term Savings Interest Earned Index
1
Los Alamos, NM
$110,190
$54
0.05%
$4,321
3.92%
20.92
2
Union, NM
$38,240
$45
0.12%
$522
1.37%
17.42
3
Sandoval, NM
$60,345
$43
0.07%
$1,956
3.24%
16.86
4
Lea, NM
$59,285
$40
0.07%
$1,868
3.15%
15.71
5
Eddy, NM
$60,703
$36
0.06%
$1,880
3.10%
14.22
6
Curry, NM
$41,941
$28
0.07%
$750
1.79%
10.75
7
Grant, NM
$40,470
$22
0.05%
$576
1.42%
8.58
8
Santa Fe, NM
$57,945
$20
0.03%
$1,304
2.25%
7.81
9
Roosevelt, NM
$35,928
$20
0.06%
$162
0.45%
7.79
10
Otero, NM
$43,533
$18
0.04%
$856
1.97%
6.86
 
Additional study details including the methodology and interactive map can be found here: https://smartasset.com/checking-account/savings-calculator#newmexico
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