Farmington, NM — income, home value, property tax, and sales tax.
In ZIP code 87417, near Farmington, homes carry a median value of $179,700, and the county-level property tax rate of 0.68% works out to roughly $1,222 a year in taxes on such a home. With median household income at $75,215, that tax bill takes up a little over 1.6% of annual earnings, a share many households can absorb without straining. Per-capita income sits lower, at $22,911, so the picture varies by household size. A combined sales tax rate of 4.88% also applies to purchases in the area.
These numbers change over time. Get an update when they do — plus our recommendations.
No spam. Unsubscribe any time.