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Pep
Pep
New Mexico
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Pep is a small unincorporated community in southern Roosevelt County, in the southeastern part of the U.S. state of New Mexico. The community is composed almost entirely of farms and cattle ranches and is located about 7 miles south of Dora on New Mexico State Route 206. The origin of the name "Pep" is obscure.

Managed by the Age Friendly Foundation

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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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