Silver City, New Mexico — Tax Burden
What is the tax burden in Silver City, New Mexico?
Silver City, New Mexico has a total tax burden of 8.65%, ranking #4747 nationally. Property tax rate: 0.48%, state income tax: 4.142%, sales tax: 7.72%. Median household income is $36,853.
Source: US Census ACS, 2022
Ranked #4747 nationally for total tax burden among 6,688+ US cities.
Total Tax Burden
8.65%
Rank: 4747th nationally
Property Tax Rate
0.48%
Rank: 6276th nationally
Income Tax Rate
4.142%
New Mexico state rate
Sales Tax Rate
7.72%
State + local combined
Tax Burden Breakdown
Property (23%)Income (48%)Sales (29%)
Median Income: $36,853
Median Home Value: $150,100
Median Property Tax: $724/yr
Population: 9,650