Bluewater, NM — income, home value, property tax, and sales tax.
In ZIP code 87049, near Bluewater, annual per-capita income stands at $39,304, while the county-level effective property tax rate is 0.80%. That rate is applied to assessed home value, so the actual tax bill scales directly with what a house is worth: a $200,000 home would generate roughly $1,600 in yearly property taxes, a $300,000 home about $2,400. Because the tax follows value rather than income, buyers here should weigh how much house they can carry against earnings of about $39,300 per person. Sales taxes add 4.88% to purchases, a separate cost that doesn't touch property directly.