North Hobbs CDP, New Mexico — Tax Burden
What is the tax burden in North Hobbs CDP, New Mexico?
North Hobbs CDP, New Mexico has a total tax burden of 8.42%, ranking #4898 nationally. Property tax rate: 0.50%, state income tax: 4.544%, sales tax: 7.72%. Median household income is $78,608.
Source: US Census ACS, 2022
Ranked #4898 nationally for total tax burden among 6,688+ US cities.
Total Tax Burden
8.42%
Rank: 4898th nationally
Property Tax Rate
0.50%
Rank: 6179th nationally
Income Tax Rate
4.544%
New Mexico state rate
Sales Tax Rate
7.72%
State + local combined
Tax Burden Breakdown
Property (16%)Income (54%)Sales (30%)
Median Income: $78,608
Median Home Value: $208,000
Median Property Tax: $1,045/yr
Population: 5,863