Albuquerque, NM — income, home value, property tax, and sales tax.
In ZIP code 87112, part of Albuquerque, households bring in a median income of $73,937, or $41,162 per person. A median home value of $281,400 pairs with a county property tax rate of 0.90%, which works out to roughly $2,533 a year for a home at that value. Sales tax across the area totals 7.62%, applied to most purchases. Together these figures sketch the financial shape of the area: earnings that sit near the metro middle, home prices that require a solid down payment, and two ongoing taxes that shape the annual cost of living here.
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