ZIP Code 88323

Homes in the 88323 ZIP code, which takes in Ruidoso, carry a county-level property tax rate of 0.53%, a figure that keeps annual tax bills on the lower end and points to an area where housing costs and household earnings sit below the national midpoint. Shoppers here pay a combined 4.88% in sales tax, a rate that adds only a little to everyday purchases. Taken together, the two taxes point to a working- to middle-income community where the overall tax load stays contained, though the sales tax applies to nearly everything bought locally.