Rio Rancho, New Mexico — Tax Burden
What is the tax burden in Rio Rancho, New Mexico?
Rio Rancho, New Mexico has a total tax burden of 9.63%, ranking #3864 nationally. Property tax rate: 0.81%, state income tax: 4.546%, sales tax: 7.72%. Median household income is $78,978.
Source: US Census ACS, 2022
Ranked #3864 nationally for total tax burden among 6,688+ US cities.
Total Tax Burden
9.63%
Rank: 3864th nationally
Property Tax Rate
0.81%
Rank: 4374th nationally
Income Tax Rate
4.546%
New Mexico state rate
Sales Tax Rate
7.72%
State + local combined
Tax Burden Breakdown
Property (26%)Income (47%)Sales (26%)
Median Income: $78,978
Median Home Value: $246,700
Median Property Tax: $2,005/yr
Population: 104,351