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New Mexico
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1.5 out of 5 stars based on 0 ratings
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Lingo is a populated place in Roosevelt County, New Mexico located at latitude 33.7884278 and longitude -103.1146674, at 3,986 feet of elevation. The original name given the settlement in 1916 was “Need”, but U.S. postal authorities said that was too much like “Weed” in Otero County, New Mexico, so in 1918 the name was changed to "Lingo". The community post office was originally located three miles south of the current location on New Mexico State Road 114, seven miles south of Causey and five miles from the Texas border. An early authority on New Mexico place names states the name was derived from the Southwestern colloquial term "lingo" (from Latin lingua tongue), but a later authority states that the name more likely resulted from a family name.

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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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