Coyote, NM — income, home value, property tax, and sales tax.
In ZIP code 87527, near Coyote, median household income of $65,461 sits slightly above the middle of the national range, while per-capita income of $24,184 points to a more working- and middle-income mix overall. Homes here carry a median value of $406,300, yet the county-level effective property tax rate is just 0.42%, an unusually gentle levy on that valuation. Combined with a 4.88% sales tax rate, the overall tax picture leans lightly on residents' wallets, even as household earnings stay moderate compared with the area's elevated housing prices.
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