Algodones, NM — income, home value, property tax, and sales tax.
In ZIP code 87001, near Algodones, homes carry a median value of $215,800, and the county's 0.73% effective property tax rate works out to roughly $1,575 a year on such a home. With median household income at $68,547 and per-capita income at $30,854, that tax bill takes a smaller share of earnings than in many places. Sales taxes add 4.88% at checkout. The relationship between home prices and local wages shapes how far a paycheck stretches here, and the property tax load stays contained.
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