Socorro, NM 87801

Income Statistics

Number of Returns People Average Income Average Dividend Average Social Security Average Mortgage Interest
Under $25,000 1830 3040 $11,060 $2,171
(3.83% of returns)
$1,260
(2.73% of returns)
$0
$25,000 to $50,000 970 1940 $27,958 $3,142
(7.22% of returns)
$6,415
(19.59% of returns)
$5,683
$50,000 to $75,000 440 910 $42,595 $3,550
(18.18% of returns)
$13,741
(27.27% of returns)
$5,114
$75,000 to $100,000 280 650 $51,521 $4,916
(21.43% of returns)
$19,737
(28.57% of returns)
$5,700
$100,000 to $200,000 280 690 $73,011 $7,900
(42.86% of returns)
$24,600
(35.71% of returns)
$7,076
Over $200,000 50 80 $210,875 $29,850
(80% of returns)
$27,300
(60% of returns)
$0
For Zip 3850 7310 $32,774

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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