ZIP Code 88416

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

Median household income
N/A
Per-capita income
$39,710
Median home value
$188,500
Property tax rate
0.57%
Combined sales tax
4.88%

In ZIP code 88416, near Ilfeld, households earn an average of $39,710 per person. County property taxes run at an effective rate of 0.57%, so a home's assessed value determines the annual bill, and that rate stays below many parts of the country. Sales tax combines to 4.88%, adding a few cents on each taxable purchase. Together, these two taxes shape what a household keeps versus spends, with income setting the baseline. Someone weighing a move here should consider how the property rate interacts with home prices and how the sales tax affects everyday buying.