Grants, NM 87020

Income Statistics

Number of Returns People Average Income Average Dividend Average Social Security Average Mortgage Interest
Under $25,000 1710 3050 $10,858 $1,200
(2.92% of returns)
$1,962
(4.68% of returns)
$0
$25,000 to $50,000 940 1900 $29,523 $1,783
(6.38% of returns)
$6,682
(18.09% of returns)
$4,750
$50,000 to $75,000 560 1300 $40,609 $2,300
(10.71% of returns)
$14,760
(26.79% of returns)
$4,771
$75,000 to $100,000 350 880 $49,924 $5,740
(14.29% of returns)
$21,590
(28.57% of returns)
$6,500
$100,000 to $200,000 320 820 $72,756 $8,475
(25% of returns)
$22,300
(31.25% of returns)
$6,090
Over $200,000 50 90 $204,616 $0
(0% of returns)
$0
(0% of returns)
$5,366
For Zip 3930 8040 $33,700

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Income Tax Rates

Rate Minimum Income Maximum Income
0.017 0 5500
0.032 5500 11000
0.047 11000 16000
0.049 16000 null

Property Tax Rates

Rate Rank (compared to Other States)
0.0068 37

Sales Tax Rates

State Rate Average Local Rate Combined Rate Rank (compared to Other States)
0.05125 0.0269 0.0782 15