House, NM — income, home value, property tax, and sales tax.
In ZIP code 88401, near House, homes carry a median value of $76,500, and the county-level effective property tax rate of 0.61% works out to roughly $467 a year on a home at that price. With median household income at $49,345 and per-capita income at $32,720, that tax bill takes up a thin slice of annual earnings, so owning here does not demand the income that higher-priced markets do. A combined sales tax rate of 4.88% applies to purchases. The gap between what homes cost and what households bring in shapes daily life across this area.
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