Valencia County property tax
Homeowners in Valencia County, New Mexico typically pay about 0.62% of their home's value in property tax each year — a median bill of $1,374 on a median home value of $223,000.
Typical effective rate
0.62%
higher than 70% of U.S. counties
Median tax paid
$1,374
per year
Median home value
$223,000
In NM
#9
of 33 ranked counties
At a glance
- Effective rate 0.62% — 34% lower than the U.S. median of 0.94%, and 12% lower than the New Mexico median of 0.70%.
- With vs. without a mortgage — median tax $1,496 for mortgaged homes, $1,188 for homes owned outright.
- State ranking — 9th highest effective rate of 33 ranked New Mexico counties; nationally it sits around the 30th percentile.
Estimate a bill for Valencia County
Apply this county's typical effective rate (0.62%) to a home value of your choice.
Frequently asked questions
What is the property tax rate in Valencia County, NM?
The typical effective property-tax rate in Valencia County is 0.62% of a home's value per year, based on median taxes paid ($1,374) divided by the median home value ($223,000) in the Census ACS 2020–2024 5-year estimates. This is a typical burden for comparison, not a statutory mill rate.
How much is property tax on a typical home in Valencia County?
The median owner-occupied home in Valencia County is valued at $223,000, and the median real estate tax paid is $1,374 per year. Homes with a mortgage have a median tax of $1,496, versus $1,188 for homes without one.
How does Valencia County compare to the rest of New Mexico?
Valencia County's effective rate is 12% lower than the New Mexico median, ranking 9th of 33 ranked counties in the state.
Compare nearby New Mexico counties
Counties ranked closest to Valencia County by in-state effective rate. Open the comparison tool or see all New Mexico counties.
| In-state | County | Effective rate | Median tax |
|---|---|---|---|
| 6 | Union County | 0.70% | $859 |
| 7 | San Juan County | 0.68% | $1,317 |
| 8 | Doña Ana County | 0.67% | $1,480 |
| 10 | Quay County | 0.61% | $532 |
| 11 | Socorro County | 0.61% | $838 |
| 12 | Chaves County | 0.60% | $935 |
Official data & resources for Valencia County
- Valencia County Census profile (data.census.gov) — housing, value and tax figures for this county.
- Table B25103 for Valencia County — median real estate taxes paid (the source for the tax figures above).
- Table B25077 for Valencia County — median home value.
- Federal forms & is property tax deductible? — IRS Pub 530, Schedule A and the SALT cap, plus your state tax agency.
Finding your exact bill
Your county or municipal assessor (sometimes called the appraisal district, property appraiser, or tax collector) sets the assessed value and the exact millage that produces your bill. Search for "[county name] [state] assessor" or "property tax" on an official .gov site.
Figures on this page are Census survey medians for the whole county (2020–2024 5-year), not an assessment of any individual property. Rates, exemptions and assessment practices vary by municipality and school district within a county.