Coyote, NM — income, home value, property tax, and sales tax.
In ZIP code 87530, near Coyote, per-capita income stands at $20,564, so housing costs loom large against annual earnings. A median home value of $332,300 would demand a substantial share of that income, though the county's 0.42% effective property tax rate keeps the yearly tax bill on such a home near $1,400. Sales taxes add 4.88% to most purchases, a cost that accumulates quietly across everyday spending. Together these figures sketch a place where buying a home requires careful planning, and where ongoing taxes take a steady, if not overwhelming, bite from each household's yearly earnings.
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