ZIP Code 88324

Ruidoso, NM — income, home value, property tax, and sales tax.

Median household income
N/A
Per-capita income
N/A
Median home value
$233,200
Property tax rate
0.53%
Combined sales tax
4.88%

Households in ZIP code 88324, near Ruidoso, face a county property tax rate of 0.53%, so a home's assessed value is taxed at roughly half a percent each year. Sales taxes add up to 4.88% on purchases. Together, these two rates shape what a household keeps after income and housing costs are covered. Property taxes here stay below what many parts of the country charge, while the sales tax applies to everyday spending. For a buyer weighing a move to the Ruidoso area, the combined effect of these taxes on annual expenses is worth factoring into any budget.