New Mexico property tax rates
Homeowners in New Mexico typically pay about 0.70% of their home's value in property tax each year — the 34th highest effective rate of the 50 states and DC.
Typical effective rate
0.70%
26% below the U.S. median
Median tax paid
$1,731
per year
Median home value
$248,100
Counties covered
33
33 with a rate
Within New Mexico, the effective rate ranges from 2.00% in McKinley County down to 0.29% in Taos County. Use the estimator to turn a home value into an approximate bill.
Official New Mexico resource: New Mexico Taxation & Revenue — Property Tax Overview. For a specific parcel, use the local county assessor.
All New Mexico counties
Click a column heading to sort.
| In-state | County | Effective rate | Median tax | Median value |
|---|---|---|---|---|
| 2 | Bernalillo County | 0.90% | $2,629 | $292,900 |
| 32 | Catron County | 0.36% | $608 | $167,000 |
| 12 | Chaves County | 0.60% | $935 | $156,400 |
| 3 | Cibola County | 0.80% | $1,003 | $125,400 |
| 20 | Colfax County | 0.52% | $867 | $167,200 |
| 14 | Curry County | 0.59% | $1,017 | $171,200 |
| 13 | De Baca County ± | 0.60% | $1,118 | $187,500 |
| 8 | Doña Ana County | 0.67% | $1,480 | $220,800 |
| 22 | Eddy County | 0.52% | $1,095 | $212,600 |
| 27 | Grant County | 0.46% | $808 | $175,600 |
| 25 | Guadalupe County ± | 0.48% | $526 | $110,000 |
| 30 | Harding County | 0.44% | $305 | $70,000 |
| 24 | Hidalgo County | 0.48% | $531 | $111,000 |
| 26 | Lea County | 0.48% | $879 | $184,000 |
| 19 | Lincoln County | 0.53% | $1,246 | $233,200 |
| 17 | Los Alamos County | 0.55% | $2,717 | $495,800 |
| 18 | Luna County | 0.54% | $687 | $128,000 |
| 1 | McKinley County | 2.00% | $1,574 | $78,700 |
| 5 | Mora County ± | 0.72% | $885 | $122,600 |
| 16 | Otero County | 0.55% | $902 | $162,700 |
| 10 | Quay County | 0.61% | $532 | $87,200 |
| 31 | Rio Arriba County | 0.42% | $1,021 | $243,700 |
| 28 | Roosevelt County | 0.45% | $616 | $135,800 |
| 7 | San Juan County | 0.68% | $1,317 | $193,800 |
| 15 | San Miguel County | 0.57% | $1,081 | $188,500 |
| 4 | Sandoval County | 0.73% | $2,296 | $313,800 |
| 23 | Santa Fe County | 0.48% | $2,152 | $446,300 |
| 21 | Sierra County | 0.52% | $789 | $152,600 |
| 11 | Socorro County | 0.61% | $838 | $137,500 |
| 33 | Taos County | 0.29% | $1,129 | $382,800 |
| 29 | Torrance County | 0.45% | $719 | $159,700 |
| 6 | Union County | 0.70% | $859 | $122,700 |
| 9 | Valencia County | 0.62% | $1,374 | $223,000 |
A ± mark means the county's survey estimate carries a wide margin of error (small number of owner-occupied homes). Figures are typical burdens, not statutory rates or individual bills.