Coyote, NM — income, home value, property tax, and sales tax.
Households around Coyote, in ZIP code 87554, keep a comparatively small share of their income flowing to taxes. Property taxes here run at an effective rate of 0.42% at the county level, so a home's assessed value translates into a yearly bill that takes only a sliver out of earnings. Sales tax adds 4.88% to purchases, a rate that shapes everyday spending on groceries, fuel, and other goods. Together, these two levies leave most of a paycheck available for housing, food, savings, and everything else a household juggles month to month.