ZIP Code 88317

In ZIP code 88317, near Alamogordo, homes carry a median value of $214,300 while the county's effective property tax rate sits at 0.55%. That combination yields an annual tax bill well below what many homeowners elsewhere pay on comparable property. Households here report a median income of $136,250, and per-capita income reaches $60,254, so housing costs and property taxes together absorb a limited share of earnings. A combined sales tax rate of 4.88% applies to purchases. The gap between what residents earn and what homes cost gives buyers in this area considerable financial room.