Arenas Valley, NM — income, home value, property tax, and sales tax.
In ZIP code 88025, near Arenas Valley, homes carry a median value of $273,800, and the county's 0.46% effective property tax rate translates to roughly $1,260 a year on such a home. With median household income at $114,762 and per-capita income at $69,123, that tax bill absorbs a little over one percent of a typical household's annual earnings. Combined with a 4.88% sales tax rate, the overall tax load stays low against local incomes, so owning a home here leaves substantial income available for other expenses.
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