Algodones, NM — income, home value, property tax, and sales tax.
With a median household income of $15,625 and per-capita income of $11,010, ZIP code 87027 sits among the lowest-earning areas, and its $13,400 median home value reflects that strained economic position. The county-level effective property tax rate of 0.73% applies to very little taxable value here, so property tax bills stay small in dollar terms. Sales tax in the Algodones area totals 4.88%, a cost that weighs more heavily on households already stretching limited income. Together these figures point to a working-class community where low home values keep property taxes down but everyday purchases carry a proportionally larger share of the tax load.