Hobbs, New Mexico — Tax Burden
Ranked #5015 nationally for total tax burden among 6,688+ US cities.
Total Tax Burden
8.22%
Rank: 5015th nationally
Property Tax Rate
0.47%
Rank: 6304th nationally
Income Tax Rate
4.462%
New Mexico state rate
Sales Tax Rate
7.72%
State + local combined
Tax Burden Breakdown
Property (15%)Income (54%)Sales (31%)
Median Income: $63,804
Median Home Value: $165,000
Median Property Tax: $773/yr
Population: 39,782