Coyote, NM — income, home value, property tax, and sales tax.
With a per-capita income of $10,404, ZIP code 87531 sits well below national norms, marking it as a distinctly working-class area near Coyote. That low earning level pairs with a county property tax rate of 0.29%, which keeps annual tax bills quite small in dollar terms even though they take a real bite out of limited incomes. Sales tax in this ZIP totals 4.88%, adding a noticeable cost to everyday purchases. Together these figures describe a place where households stretch thin earnings across daily needs, and where the tax structure leans on consumption rather than property wealth.