ZIP Code 88345

In ZIP code 88345, which covers Ruidoso, homes carry a median value of $263,700 while the county's effective property tax rate sits at 0.53%. That combination yields a yearly property tax bill well below what many parts of the country see on similarly priced houses. Households here earn a median of $53,971, and per-capita income reaches $38,044, so the tax load stays contained against local earnings. Sales taxes, at 8.48% combined, add to everyday costs, but the property side of the ledger remains the lighter half of the equation for anyone buying in this area.