Albuquerque, NM — income, home value, property tax, and sales tax.
In ZIP 87102, which takes in part of Albuquerque, households bring in a median of $42,990 a year, while per-capita income sits at $32,893. Buying here means weighing a median home value of $197,300 against property taxes set at 0.90% of assessed value at the county level, an annual bill that will run several thousand dollars. Add the 7.62% combined sales tax on everyday purchases, and everyday spending carries a noticeable premium. Stretching a mid-range income across housing costs and consumption taxes takes careful planning, since each dollar of earnings faces pressure from both the property tax roll and the checkout counter.
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