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Cloudcroft
Cloudcroft
New Mexico
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1.5 out of 5 stars based on 0 ratings
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Cloudcroft is a village in Otero County, New Mexico, and is within the Lincoln National Forest. The population was 674 at the 2010 census. Despite being located in an otherwise arid region, its extremely high elevation (8,600 feet (2,600 m); one of the highest in the U.S.) allows for a relatively mild summer that makes it a popular tourist attraction in West Texas and New Mexico. It was named by Fodor's in 2002 as the Number 3 "Most Overlooked and Underrated Destination Spot." Tourism remains the primary economic driver of the village. Several small communities near Cloudcroft: Weed, Lost Lodge, Sunspot, Mayhill, Piñon, and Timberon.

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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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