Ilfeld, NM — income, home value, property tax, and sales tax.
In ZIP code 87565, near Ilfeld, homes carry a median value of $228,200 while the county's effective property tax rate sits at 0.57%. That rate yields an annual tax bill of roughly $1,300 on a median-valued home — a heavy load against a median household income of just $24,190, nearly 5% of it. Per-capita income reaches $21,960, and a combined sales tax of 4.88% adds further cost to everyday purchases. High home values paired with low earnings make ownership here a genuine stretch for many households.