Roswell, New Mexico — Tax Burden
What is the tax burden in Roswell, New Mexico?
Roswell, New Mexico has a total tax burden of 8.56%, ranking #4805 nationally. Property tax rate: 0.63%, state income tax: 4.321%, sales tax: 7.72%. Median household income is $48,298.
Source: US Census ACS, 2022
Ranked #4805 nationally for total tax burden among 6,688+ US cities.
Total Tax Burden
8.56%
Rank: 4805th nationally
Property Tax Rate
0.63%
Rank: 5578th nationally
Income Tax Rate
4.321%
New Mexico state rate
Sales Tax Rate
7.72%
State + local combined
Tax Burden Breakdown
Property (20%)Income (50%)Sales (30%)
Median Income: $48,298
Median Home Value: $130,200
Median Property Tax: $816/yr
Population: 48,035