Algodones, NM — income, home value, property tax, and sales tax.
ZIP code 87043, near Algodones, sits in affluent territory. A median household income of $109,750 and per-capita income of $71,431 place it well above national norms, while a median home value of $562,100 reflects a high-cost housing market. Property taxes stay low at a 0.73% county rate, so even a home at that median value carries a comparatively gentle annual bill. Sales tax of 4.88% adds little at the register. Together these figures describe a well-off area where taxes take a smaller share of income than in many places.
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