Taos, New Mexico — Tax Burden
What is the tax burden in Taos, New Mexico?
Taos, New Mexico has a total tax burden of 10.10%, ranking #3404 nationally. Property tax rate: 0.40%, state income tax: 4.204%, sales tax: 7.72%. Median household income is $40,185.
Source: US Census ACS, 2022
Ranked #3404 nationally for total tax burden among 6,688+ US cities.
Total Tax Burden
10.10%
Rank: 3404th nationally
Property Tax Rate
0.40%
Rank: 6471st nationally
Income Tax Rate
4.204%
New Mexico state rate
Sales Tax Rate
7.72%
State + local combined
Tax Burden Breakdown
Property (33%)Income (42%)Sales (25%)
Median Income: $40,185
Median Home Value: $336,400
Median Property Tax: $1,345/yr
Population: 6,458