South Valley CDP, New Mexico — Tax Burden
What is the tax burden in South Valley CDP, New Mexico?
South Valley CDP, New Mexico has a total tax burden of 10.03%, ranking #3450 nationally. Property tax rate: 0.78%, state income tax: 4.274%, sales tax: 7.72%. Median household income is $44,670.
Source: US Census ACS, 2022
Ranked #3450 nationally for total tax burden among 6,688+ US cities.
Total Tax Burden
10.03%
Rank: 3450th nationally
Property Tax Rate
0.78%
Rank: 4559th nationally
Income Tax Rate
4.274%
New Mexico state rate
Sales Tax Rate
7.72%
State + local combined
Tax Burden Breakdown
Property (32%)Income (43%)Sales (25%)
Median Income: $44,670
Median Home Value: $184,400
Median Property Tax: $1,434/yr
Population: 37,601