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Magdalena
Magdalena
New Mexico
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Magdalena is a village in Socorro County, New Mexico, United States. The population was 926 in 2012. "The Lady on the Mountain" is a rock formation on Magdalena Peak overlooking Magdalena. Spanish soldiers saw the profile of a woman on the west face of the peak. A priest with them was reminded of a similar peak in Spain called "La Sierra de Maria Magdalena", so he called the New Mexico one "La Sierra de Magdalena". The pass to the south of the peak became known as Magdalena Gap, and when a town grew up it received the same name. Magdalena continues to be a ranching community while strengthening its art, astronomy and geology venues. The reopening of the Magdalena Hall Hotel (circa 1917) and the renovation of other historical buildings allow visitors to connect to the past. The Magdalena Public Library and Boxcar Museum are housed in the old railroad depot. Several rock and mineral shops have been around since the mining boom days. The ghost town of Kelly and two festivals, the "Open Studio and Gallery Tour" and the "Old Timers Reunion and Rodeo", bring tourists to the area. The "Enchanted Skies Star Party" in early fall brings astronomers and astro-photographers together under its very dark skies. The Very Large Array lies 24 miles due west of the community. The Magdalena Ridge Observatory lies 25 miles southeast at an elevation of 10,600 feet. Magdalena is located 26 miles west of Socorro, New Mexico.

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Taxes

D+

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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