Santa Fe, New Mexico — Tax Burden
What is the tax burden in Santa Fe, New Mexico?
Santa Fe, New Mexico has a total tax burden of 9.83%, ranking #3638 nationally. Property tax rate: 0.51%, state income tax: 4.487%, sales tax: 7.72%. Median household income is $67,663.
Source: US Census ACS, 2022
Ranked #3638 nationally for total tax burden among 6,688+ US cities.
Total Tax Burden
9.83%
Rank: 3638th nationally
Property Tax Rate
0.51%
Rank: 6145th nationally
Income Tax Rate
4.487%
New Mexico state rate
Sales Tax Rate
7.72%
State + local combined
Tax Burden Breakdown
Property (28%)Income (46%)Sales (26%)
Median Income: $67,663
Median Home Value: $370,600
Median Property Tax: $1,889/yr
Population: 87,617