Grants, New Mexico — Tax Burden
What is the tax burden in Grants, New Mexico?
Grants, New Mexico has a total tax burden of 8.97%, ranking #4490 nationally. Property tax rate: 0.82%, state income tax: 4.398%, sales tax: 7.72%. Median household income is $55,631.
Source: US Census ACS, 2022
Ranked #4490 nationally for total tax burden among 6,688+ US cities.
Total Tax Burden
8.97%
Rank: 4490th nationally
Property Tax Rate
0.82%
Rank: 4294th nationally
Income Tax Rate
4.398%
New Mexico state rate
Sales Tax Rate
7.72%
State + local combined
Tax Burden Breakdown
Property (23%)Income (49%)Sales (28%)
Median Income: $55,631
Median Home Value: $137,100
Median Property Tax: $1,125/yr
Population: 9,177