Cabo Rojo Municipio, PR — income, home value, property tax, and sales tax.
ZIP code 00623 is a working-class area, with a median household income of $26,388 and per-capita income of $16,893. Homes here have a median value of $126,300, and the county-level effective property tax rate is 0.45%, so annual property taxes on such a home would run roughly $568. That leaves the combined sales tax rate of 11.50% as the more noticeable cost in daily life, applying to most purchases. Incomes sit well below national norms, and while the property tax rate itself is low, the steep sales tax takes a larger share of spending in a place where household earnings are already stretched.
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