ZIP Code 88040

Arenas Valley, NM — income, home value, property tax, and sales tax.

Median household income
N/A
Per-capita income
N/A
Median home value
$111,000
Property tax rate
0.48%
Combined sales tax
4.88%

In ZIP code 88040, near Arenas Valley, the county property tax rate sits at 0.48%, while the combined sales tax rate reaches 4.88%. That pairing shapes what a household keeps versus spends: property taxes take a smaller slice of home value each year, but everyday purchases carry the higher combined rate at checkout. The two figures work in opposite directions, with ownership costs staying lower and consumption costs running higher than many places. Households weighing a move here should consider how that split fits their spending habits, since the balance between what they own and what they buy determines the real cost of living.