ZIP Code 88343

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%

Homes in ZIP code 88343, near Ruidoso, carry a county-level property tax rate of 0.53%, a figure that keeps annual tax bills contained even as home values shift. Add a combined sales tax of 4.88%, and the overall tax picture stays on the gentler side for a community of this kind. Households here tend to fall into working- and middle-income brackets, where housing costs and daily expenses both weigh heavily on a paycheck. That combination — restrained property taxation alongside a sales rate below many parts of the country — leaves residents with somewhat more breathing room than they might find elsewhere in the state.