ZIP Code 87931

With a per-capita income of $31,879, ZIP code 87931 sits in working-class to middle-income territory. Residents near Truth Or Consequences face a county property tax rate of 0.52%, which keeps annual bills fairly contained on typical home values in the area. The combined sales tax rate of 4.88% adds a noticeable cost to everyday purchases, though it stays below what many parts of New Mexico charge. Together these figures point to a place where earning power is limited but the tax structure does not press especially hard on homeowners, leaving sales taxes as the more consistent expense in daily life.