ZIP Code 87415

Farmington, NM — income, home value, property tax, and sales tax.

Median household income
$44,095
Per-capita income
$27,259
Median home value
$193,800
Property tax rate
0.68%
Combined sales tax
4.88%

With a median household income of $44,095, ZIP code 87415 sits in working-class territory, well below what higher-earning areas command. Per-capita income reaches $27,259, and homes here carry a median value of $219,100. Property taxes run at an effective 0.68% county rate, a lighter share of home value than many parts of the country see. Sales tax combines to 4.88%, adding a bit to everyday purchases around Farmington. Together these figures sketch a community where wages stay moderate and housing costs have climbed, though the tax structure itself doesn't press especially hard on either homeowners or shoppers.

See how Farmington, NM taxes stack up

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