Santa Teresa CDP, New Mexico — Tax Burden
What is the tax burden in Santa Teresa CDP, New Mexico?
Santa Teresa CDP, New Mexico has a total tax burden of 10.12%, ranking #3397 nationally. Property tax rate: 0.86%, state income tax: 4.421%, sales tax: 7.72%. Median household income is $58,320.
Source: US Census ACS, 2022
Ranked #3397 nationally for total tax burden among 6,688+ US cities.
Total Tax Burden
10.12%
Rank: 3397th nationally
Property Tax Rate
0.86%
Rank: 4048th nationally
Income Tax Rate
4.421%
New Mexico state rate
Sales Tax Rate
7.72%
State + local combined
Tax Burden Breakdown
Property (31%)Income (44%)Sales (25%)
Median Income: $58,320
Median Home Value: $212,700
Median Property Tax: $1,838/yr
Population: 6,396