ZIP Code 87540

In ZIP code 87540, near Santa Fe, median household income stands at $52,500, while per-capita income reaches $47,767. Home values are far higher, with the median at $729,700, and the county-level effective property tax rate of 0.48% applies to that figure. Combined sales tax comes to 4.88%. The gap between earnings and housing costs shapes daily finances here more than either tax rate does on its own. Property taxes stay contained because the rate itself is low, even against a steep assessment, and the sales tax adds only a small amount to purchases.