Bluewater, NM — income, home value, property tax, and sales tax.
In ZIP code 87045, near Bluewater, homes carry a median value of $75,600, and the county's 2.00% effective property tax rate works out to roughly $1,512 a year on such a house. That bill lands hard against a median household income of just $19,270, consuming close to eight cents of every dollar the household earns. Per-capita income sits at $11,677, and a combined sales tax rate of 4.88% adds further cost to everyday purchases. Low home prices here coexist with a property tax load that strains thin earnings.
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