ZIP Code 87516

In ZIP code 87516, near Coyote, median household income stands at $103,625, with per-capita income of $53,543. Homes here carry a median value of $658,300, and the county-level effective property tax rate is 0.42%. Combined with a sales tax rate of 4.88%, the tax picture leans on income and purchases rather than property. A household earning the median would owe roughly $2,765 annually in property taxes on a median-valued home, while everyday spending carries a comparatively light sales tax load. Housing costs dominate the equation here, far outpacing what income alone might predict.