Bloomfield, New Mexico — Tax Burden
What is the tax burden in Bloomfield, New Mexico?
Bloomfield, New Mexico has a total tax burden of 9.16%, ranking #4327 nationally. Property tax rate: 0.71%, state income tax: 4.335%, sales tax: 7.72%. Median household income is $49,442.
Source: US Census ACS, 2022
Ranked #4327 nationally for total tax burden among 6,688+ US cities.
Total Tax Burden
9.16%
Rank: 4327th nationally
Property Tax Rate
0.71%
Rank: 5026th nationally
Income Tax Rate
4.335%
New Mexico state rate
Sales Tax Rate
7.72%
State + local combined
Tax Burden Breakdown
Property (25%)Income (47%)Sales (28%)
Median Income: $49,442
Median Home Value: $159,200
Median Property Tax: $1,125/yr
Population: 7,430