Ruidoso, New Mexico — Tax Burden
What is the tax burden in Ruidoso, New Mexico?
Ruidoso, New Mexico has a total tax burden of 10.34%, ranking #3220 nationally. Property tax rate: 0.59%, state income tax: 4.124%, sales tax: 7.72%. Median household income is $36,033.
Source: US Census ACS, 2022
Ranked #3220 nationally for total tax burden among 6,688+ US cities.
Total Tax Burden
10.34%
Rank: 3220th nationally
Property Tax Rate
0.59%
Rank: 5809th nationally
Income Tax Rate
4.124%
New Mexico state rate
Sales Tax Rate
7.72%
State + local combined
Tax Burden Breakdown
Property (35%)Income (40%)Sales (25%)
Median Income: $36,033
Median Home Value: $224,800
Median Property Tax: $1,323/yr
Population: 7,696