Melrose, NM 88124

Published March 2024

Weather Summary

*1% National Rank is best weather and 99% is worst weather for that preference

Days Below Freezing 101
Days Above 95°F 62
Rainy Days 86
Humid Days 86
Days in 40s 22
Days in 50s 47
Days in 60s 62
Days in 70s 40
Days in 80s 62
Days in 90s 96
Days in 100s 17
Good Weather Range Good Weather Probability National Rank
10°F - 70°F 36% 77%
20°F - 70°F 36% 77%
30°F - 70°F 36% 77%
40°F - 70°F 35% 69%
50°F - 70°F 29% 48%
10°F - 80°F 47% 87%
20°F - 80°F 47% 87%
30°F - 80°F 47% 87%
40°F - 80°F 46% 84%
50°F - 80°F 40% 76%
10°F - 90°F 64% 94%
20°F - 90°F 64% 94%
30°F - 90°F 64% 93%
40°F - 90°F 63% 89%
50°F - 90°F 57% 81%
10°F - 100°F 90% 94%
20°F - 100°F 90% 94%
30°F - 100°F 90% 86%
40°F - 100°F 89% 56%
50°F - 100°F 83% 41%

Taxes Summary

*LTCG = Long Term Capital Gains
*Federal = Income + Social Security + Medicare + NIIT
*1% National Rank is highest effective tax and 99% is lowest effective tax for that income profile

W2 Income LTCG Income Home Value Total Tax Rate National Rank Net Taxes Paid Federal State Property Sales Local
22k - - 9% 67% 2164 1683 - - 481 -
40k - - 13% 80% 5204 4290 39 - 875 -
70k - - 17% 67% 12548 9991 1025 - 1532 -
22k - 66k 11% 93% 2514 1683 - 349 481 -
40k - 120k 14% 96% 5840 4290 39 636 875 -
70k - 210k 19% 88% 13661 9991 1025 1113 1532 -
100k - 300k 22% 80% 22158 15886 2493 1590 2189 -
200k - 600k 29% 78% 58772 43821 7393 3180 4378 -
400k - 1.2M 33% 77% 134929 102619 17193 6360 8756 -
800k - 2.4M 39% 69% 319608 249158 40216 12720 17512 -
1.6M - 4.8M 44% 62% 704161 556279 87416 25440 35025 -
100k 50k 450k 17% 81% 25616 15886 4061 2385 3283 -
200k 100k 900k 22% 81% 67202 45433 10431 4770 6567 -
400k 400k 2.4M 27% 82% 216059 154932 30894 12720 17512 -
800k 1M 5.4M 30% 81% 552964 409206 75734 28620 39403 -
1.6M 3.2M 14.4M 32% 82% 1567173 1184962 200814 76320 105076 -
1 150k 450k 11% 91% 16882 9112 2101 2385 3283 -
1 300k 900k 16% 88% 49461 31612 6511 4770 6567 -
1 800k 2.4M 19% 87% 158344 106612 21499 12720 17512 -
1 1.8M 5.4M 23% 85% 422260 297382 56854 28620 39403 -
1 4.8M 14.4M 25% 83% 1241833 897382 163054 76320 105076 -

Housing Cost Summary

*1% National Rank is most expensive and 99% is cheapest build cost
Thank you to RedFin for housing data for processing these derived metrics

Median Home Price 178080
Median Days on Market 55
3000SF Builder Grade Projected Cost 266694
3000SF Designer Grade Projected Cost 666735
3000SF Estate Grade Projected Cost 1333470
Budget Level Builder Home SF Designer Home SF Estate Home SF
100k Builder Grade 1000sf 1124 449 224
200k Builder Grade 2000sf 2249 899 449
300k Builder Grade 3000sf 3374 1349 674
400k Builder Grade 4000sf 4499 1799 899
500k Builder Grade 5000sf 5624 2249 1124
600k Builder Grade 5000sf 6749 2699 1349
700k Designer Grade 3000sf 7874 3149 1574
800k Designer Grade 3000sf 8999 3599 1799
900k Designer Grade 4000sf 10123 4049 2024
1M Designer Grade 4000sf 11248 4499 2249
1.25M Designer Grade 5000sf 14061 5624 2812
1.5M Estate Grade 3000sf 16873 6749 3374
1.75M Estate Grade 3000sf 19685 7874 3937
2M Estate Grade 4000sf 22497 8999 4499
2.25M Estate Grade 5000sf 25309 10123 5061
2.5M Estate Grade 5000sf 28122 11248 5624
2.75M Estate Grade 6000sf 30934 12373 6186
3M Estate Grade 6000sf 33746 13498 6749
3.5M Estate Grade 7000sf 39370 15748 7874
4M Estate Grade 7000sf 44995 17998 8999
4.5M Estate Grade 7000sf 50619 20247 10123
5M Estate Grade 7000sf 56244 22497 11248
7.5M Exceeds Bounds 84366 33746 16873
10M Exceeds Bounds 112488 44995 22497