Tax Burden in ZIP Code 88201

Roswell, NMChaves County

At the median income of $38,000, the estimated total tax burden in ZIP 88201 is $7,994 (21.0% effective rate), including federal income tax, FICA, and property tax.

Federal Tax (est.)

$3,800

FICA

$2,907

Property Tax

$1,287

Total Tax Burden

$7,994

21.0% effective

Tax Details for ZIP 88201

ZIP code 88201 is located in Chaves County, NM, within the Roswell MSA metropolitan area. The area has a cost of living index of 82 (100 = national average), making it more affordable than the national average.

The effective property tax rate is 0.78%. On the median home price of $165,000, this equals $1,287 per year ($107/month).

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