Farmington, NM — income, home value, property tax, and sales tax.
ZIP code 87455, which falls in the Farmington area, sits on the lower end of the income scale, with a median household income of $38,167 and per-capita income of $22,334. Home values are quite low by national standards, with a median of $22,500, and the county-level effective property tax rate of 0.68% means property taxes take a smaller bite here. The combined sales tax rate of 4.88% is also on the lower side. Together, these figures point to a working-class community where housing costs and tax rates stay down, though household earnings remain limited.
These numbers change over time. Get an update when they do — plus our recommendations.
No spam. Unsubscribe any time.