ZIP Code 87461

In ZIP code 87461, near Farmington, homes carry a median value of $31,200, and the county's 0.68% effective property tax rate works out to roughly $212 a year on a home at that price. With median household income at $32,981 and per-capita income at $17,509, that tax bill absorbs well under 1% of a household's annual earnings, so owning a home here does not hinge on a steep tax outlay. Sales taxes add 4.88% at checkout. Low property values keep purchase prices within reach, though the same low values limit the equity homeowners can build.