Santa Fe, NM — income, home value, property tax, and sales tax.
Households around ZIP code 87506, near Santa Fe, report a median income of $96,511, while per-capita income reaches $73,148. That earning level sits well above many parts of New Mexico, giving homeowners here more flexibility after taxes. A median home value of $611,800 carries a county property tax rate of 0.48%, so the annual tax bill stays comparatively contained despite the higher home prices. Sales tax in the area totals 8.19%, which adds to everyday costs on purchases. Together, strong incomes and a restrained property tax rate shape a budget where housing wealth and disposable income can both grow.
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