Truth Or Consequences, NM — income, home value, property tax, and sales tax.
In ZIP 87942, which takes in Truth Or Consequences, households bring in a median of $42,308 a year, while per-capita income sits at $28,729. A median home value of $114,800 carries a county property tax rate of 0.52%, so annual property taxes stay low in dollar terms even though earnings are limited. Sales tax of 4.88% applies to purchases, trimming spending power on everyday goods. With income at this level, housing costs and the tax rate matter greatly to how far each paycheck stretches.
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