Farmington, NM — income, home value, property tax, and sales tax.
ZIP code 87499, near Farmington, sits in working-class territory: median household income of $40,662 and per-capita income of $22,621 fall below statewide norms, while a median home value of $82,700 keeps ownership within reach for earners at that level. Property taxes run at an effective 0.68% county rate, a modest annual cost on a home priced near that median. Combined sales tax reaches 4.88%, so everyday purchases carry a noticeable surcharge that weighs more heavily on tighter budgets. Together the figures point to a community where wages are limited, housing costs stay contained, and consumption taxes take a meaningful bite.
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