ZIP Code 87901

In ZIP code 87901, which takes in Truth Or Consequences, homes carry a median value of $128,700, and the county-level property tax rate of 0.52% works out to roughly $669 a year on a home at that price. With median household income at $34,242 and per-capita income at $22,652, that annual tax bill equals about two percent of a household's earnings. Buyers here also pay 8.38% in combined sales tax on purchases. Low home values keep entry costs down, though incomes are limited enough that even a half-percent levy still claims a real share of the budget.