Roswell, NM — income, home value, property tax, and sales tax.
In ZIP code 88253, near Roswell, homes carry a median value of $168,300, and the county-level property tax rate of 0.60% works out to roughly $1,010 a year for a house at that price. With median household income at $85,813 and per-capita income at $39,053, that tax bill takes up a little over one percent of a typical household's annual earnings. A combined sales tax of 4.88% applies to purchases in the area. The gap between home values and local incomes means buyers here often carry less mortgage debt than in pricier markets.
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