Algodones, NM — income, home value, property tax, and sales tax.
In ZIP code 87024, near Algodones, households earn a median of $60,727, while per-capita income sits at $21,120. Homes here are valued at a median of $168,400, and the county-level property tax rate of 0.73% works out to a comparatively gentle annual bill on that value. Sales tax adds 4.88% at checkout. Together, these figures sketch a place where incomes stretch further than in many parts of the state, since both the property levy and the sales rate stay below what many taxpayers elsewhere face, and home prices remain within reach of the area's median earnings.
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