Albuquerque, NM — income, home value, property tax, and sales tax.
In ZIP code 87117, near Albuquerque, property taxes run at an effective rate of 0.90% at the county level. That rate shapes what a household actually pays each year, since the bill scales directly with assessed home value rather than with income. A higher-priced home means a larger annual obligation, and earners with tighter margins feel that difference more sharply. Sales taxes add another layer, with a combined rate of 4.88% on purchases, trimming take-home buying power alongside the yearly property tax. Together these costs influence how far a paycheck stretches toward owning a home here.