ZIP Code 88301

In ZIP code 88301, near Ruidoso, homes carry a median value of $89,200, and the county-level property tax rate of 0.53% works out to roughly $473 a year on such a home. With median household income at $43,900 and per-capita income of $33,838, that yearly tax bill absorbs a little over one percent of a typical household's earnings. The combined sales tax rate of 4.88% shapes day-to-day costs as well. Low home values paired with a low rate keep property taxes from weighing heavily on owners here, though incomes also run below many parts of the state.