Study: Los Alamos County Places Among Most Tax-Friendly In New Mexico For Retirees

SMARTASSET News:
 
In its fourth annual study, SmartAsset analyzed sales, property, income, fuel and Social Security tax data to rank locations on how friendly they are for retirees.
 
To compare the cities in the study, SmartAsset looked at a hypothetical retiree who receives $50,000 in income. The table below shows which cities lead New Mexico in retirement tax friendliness.
 
Rank
City
Income Tax Paid
Property Tax Rate
Sales Tax Paid
Fuel Tax Paid
Social Security Taxed?
Retirement Tax Friendliness Index
1
North Hobbs, NM
$6,822
0.38%
$775
$290
Taxed
39.48
2
Eldorado at Santa Fe, NM
$6,822
0.55%
$775
$247
Taxed
38.51
3
Los Chaves, NM
$6,822
0.63%
$775
$225
Taxed
38.05
4
Lee Acres, NM
$6,822
0.62%
$775
$243
Taxed
37.78
5
Los Alamos, NM
$6,822
0.66%
$775
$244
Taxed
37.31
6
Los Ranchos de Albuquerque, NM
$6,822
0.72%
$775
$258
Taxed
36.27
7
Paradise Hills, NM
$6,822
0.76%
$775
$247
Taxed
35.99
8
South Valley, NM
$6,822
0.81%
$775
$225
Taxed
35.96
9
North Valley, NM
$6,822
0.76%
$775
$258
Taxed
35.81
10
Hobbs, NM
$6,822
0.54%
$930
$247
Taxed
35.45
 
Find more details on the study results and methodology, as well as an interactive map here: https://smartasset.com/retirement/new-mexico-retirement-taxes#newmexico
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