Cost of Living in Raton
Raton's cost of living centers on genuinely affordable housing and a below-statewide-anchor property tax rate, offset by a real, disclosed income spread and thin local job base.
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Learn moreGenuinely affordable housing
Zillow's average home value ran approximately $140,894 (down 1.1% over the past year), well below New Mexico's own statewide median home value (base record).
A below-statewide-anchor property tax rate
Ownwell cites Raton's median effective property tax rate at 0.76% -- below Ownwell's own NM statewide median (0.86%) and reasonably close to this project's own NM statewide anchor (0.63%) (base record).
New Mexico's real six-bracket income tax
New Mexico's real, current 1.5%-5.9% graduated income tax (tax year 2026) applies in Raton as statewide (base record).
A real, disclosed income spread to weigh directly
Raton's median household income carries a real, disclosed cross-source spread (approximately $33,000 to $52,641) -- movers should weigh their own specific income and job prospects directly given Raton's comparatively thin current job base (base record).
Key takeaways
- Raton's ~$140,894 average home value runs genuinely affordable relative to New Mexico's statewide median.
- Raton's 0.76% effective property tax rate runs below New Mexico's own statewide anchors.
- New Mexico's 1.5%-5.9% graduated income tax (2026) applies statewide, including in Raton.
- Raton's median household income carries a real, disclosed cross-source spread ($33,000-$52,641).
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