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Wagon Mound
Wagon Mound
New Mexico
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Wagon Mound is a village in Mora County, New Mexico, United States. It is named after and located at the foot of a butte called Wagon Mound, which was a landmark for covered wagon trains and traders going up and down the Santa Fe Trail and is now Wagon Mound National Historic Landmark. The shape of the mound is said to resemble a Conestoga wagon. As of the 2000 census, the village population was 369. It was also called Santa Clara for many years. The village, with brightly painted houses and several stores and shops, is located on the plains of northeastern New Mexico. Interstate 25, which skirts the west side of town, gives a view of the majority of the town. Wagon Mound is not growing rapidly, but it has seen new construction along I-25, with new buildings on the northeast side of town as well.

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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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