Aragon, NM — income, home value, property tax, and sales tax.
In ZIP code 87821, near Aragon, homes carry a median value of $197,900 while the county's effective property tax rate sits at 0.36%. That combination yields an annual property tax bill of roughly $712. Households here bring in a median income of $83,890, and per-capita income reaches $42,923, so the tax on a median-valued home amounts to well under 1% of typical household earnings. Combined with a 4.88% sales tax rate, the overall tax picture leaves room in the budget for other expenses.
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