New Mexico property tax by county
Typical rates and bills for every county, from the Census survey 2020-2024.
Estimate my billHow New Mexico changed in five years
Comparing the Census surveys for 2015-2019 and 2020-2024, which do not overlap. Home values rose faster than bills, so the effective rate went down, often because of caps on assessment increases or rate cuts.
Ways to lower your bill in New Mexico
- Homestead exemption or credit. New Mexico homeowners can usually reduce the taxable value of the home they live in. You apply once with your county assessor, and the local deadline is often in the first months of the year. How homestead exemptions work
- Senior, disability and veteran relief. Extra exemptions, freezes or credits are common for owners 65 and over, people with disabilities and veterans with a service-connected disability. Many need a separate form. Senior relief explained
- Appeal a high value. If the assessed value is above what similar homes sell for, you can appeal for free, within a short window after the notice arrives. How to appeal
Official New Mexico information on exemptions
Amounts, income limits and deadlines change, and many programs are run county by county. Your county assessor's office can confirm what you qualify for.
Largest cities and towns
Property tax in New Mexico, in plain words
Homeowners in New Mexico pay a typical 0.70% of their home's value in property tax each year, below the national figure of 0.94%. On the median home, worth $248,100, that comes to about $1,731 a year. New Mexico ranks 34th highest of the 50 states and DC by rate.
Rates vary across the state. McKinley County has the highest typical rate at 2.00%, and Taos County the lowest at 0.29%. The table below lists every county, and each one has its own page with a calculator.
New Mexico's state income tax runs 1.5% to 5.9%. The state sales tax rate is 4.875%, and local sales taxes can add more. The typical property tax bill equals about 2.7% of median household income in New Mexico.
Every county in New Mexico
Tap a column to sort.
| County | Typical rate | Typical bill | Median home value |
|---|---|---|---|
| Bernalillo County | 0.90% | $2,629 | $292,900 |
| Catron County | 0.36% | $608 | $167,000 |
| Chaves County | 0.60% | $935 | $156,400 |
| Cibola County | 0.80% | $1,003 | $125,400 |
| Colfax County | 0.52% | $867 | $167,200 |
| Curry County | 0.59% | $1,017 | $171,200 |
| De Baca County | 0.60% | $1,118 | $187,500 |
| Doña Ana County | 0.67% | $1,480 | $220,800 |
| Eddy County | 0.52% | $1,095 | $212,600 |
| Grant County | 0.46% | $808 | $175,600 |
| Guadalupe County | 0.48% | $526 | $110,000 |
| Harding County | 0.44% | $305 | $70,000 |
| Hidalgo County | 0.48% | $531 | $111,000 |
| Lea County | 0.48% | $879 | $184,000 |
| Lincoln County | 0.53% | $1,246 | $233,200 |
| Los Alamos County | 0.55% | $2,717 | $495,800 |
| Luna County | 0.54% | $687 | $128,000 |
| McKinley County | 2.00% | $1,574 | $78,700 |
| Mora County | 0.72% | $885 | $122,600 |
| Otero County | 0.55% | $902 | $162,700 |
| Quay County | 0.61% | $532 | $87,200 |
| Rio Arriba County | 0.42% | $1,021 | $243,700 |
| Roosevelt County | 0.45% | $616 | $135,800 |
| San Juan County | 0.68% | $1,317 | $193,800 |
| San Miguel County | 0.57% | $1,081 | $188,500 |
| Sandoval County | 0.73% | $2,296 | $313,800 |
| Santa Fe County | 0.48% | $2,152 | $446,300 |
| Sierra County | 0.52% | $789 | $152,600 |
| Socorro County | 0.61% | $838 | $137,500 |
| Taos County | 0.29% | $1,129 | $382,800 |
| Torrance County | 0.45% | $719 | $159,700 |
| Union County | 0.70% | $859 | $122,700 |
| Valencia County | 0.62% | $1,374 | $223,000 |