Raton, New Mexico — Tax Burden
What is the tax burden in Raton, New Mexico?
Raton, New Mexico has a total tax burden of 8.45%, ranking #4883 nationally. Property tax rate: 0.58%, state income tax: 4.217%, sales tax: 7.72%. Median household income is $40,899.
Source: US Census ACS, 2022
Ranked #4883 nationally for total tax burden among 6,688+ US cities.
Total Tax Burden
8.45%
Rank: 4883rd nationally
Property Tax Rate
0.58%
Rank: 5859th nationally
Income Tax Rate
4.217%
New Mexico state rate
Sales Tax Rate
7.72%
State + local combined
Tax Burden Breakdown
Property (20%)Income (50%)Sales (30%)
Median Income: $40,899
Median Home Value: $119,100
Median Property Tax: $690/yr
Population: 6,046