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New Mexico
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2 out of 5 stars based on 0 ratings
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Hernandez is an unincorporated community in Rio Arriba County, New Mexico, United States. Hernandez is about 5 miles (8.0 km) northwest of Española on highway US 84 / US 285. Within the unincorporated community is the built-up census-designated place (CDP) of Hernandez, with an area of 1.7 square miles (4.4 km2). The Hernandez CDP had a population of 946 in the 2010 census, The entire Hernandez area 55 square miles (140 km2) has the ZIP code 87537, pointing to ZIP Code Tabulation Area 87537 (ZCTA), with a population of 2,957 in the 2010 U.S. census. The racial makeup of the Hernandez ZCTA was 58.4% White, 0.4% African American, 2.6% Native American, 0.4% Asian, 35.3% from other races, and 2.9% from two or more races. Hispanic or Latino of any race were 88.9% of the population. Hernandez is best known as the subject of a 1941 Ansel Adams photograph, Moonrise, Hernandez, New Mexico.

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How did New Mexico earn the grade of D+? We examined the state taxes based on how age friendly they are. New Mexico has a state sales tax of 5.13%. Of particular interest is that New Mexico does have taxes on social security. There are no estate taxes. There are no taxes imposed on inheritance. New Mexico has an effective property tax rate of 0.76%. Weighing these taxes and other taxes most likely to impact the aging population is how New Mexico earned its state tax grade of D+.

Learn more about taxes in New Mexico

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