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Williamsburg
Williamsburg
New Mexico
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Williamsburg is a village in Sierra County, New Mexico, United States. The population was 527 at the 2000 census. The village, though small, is located conveniently adjacent to Truth or Consequences, and has essentially become a suburb. Though the town is experiencing moderate growth now, especially along I-25, in the near future there is a high possibility of its becoming a booming bedroom community for lakesiders from Elephant Butte.

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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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