New Mexico property tax by county
Statewide, New Mexico homeowners pay about 0.63% of their home's value in property tax each year: roughly $1,904 on a $300,000 home. Enter your home's value below to see the tax in each county.
On a $300,000 home: about $1,904 a year at the statewide rate.
By county: $885 in Taos County to $6,000 in McKinley County (the lowest and highest rates among counties with 10,000+ people). Find yours in the "Tax on your home" column below. Estimates use each county's median effective rate; your bill depends on assessments, exemptions and local levies.
Property tax by New Mexico county
Counties are listed by population, largest first.
| County | Tax on your home | Effective rate | Median tax bill | Median home value |
|---|---|---|---|---|
| Bernalillo County | $2,694 | 0.90% | $2,629 | $292,900 |
| Doña Ana County | $2,010 | 0.67% | $1,480 | $220,800 |
| Santa Fe County | $1,446 | 0.48% | $2,152 | $446,300 |
| Sandoval County | $2,196 | 0.73% | $2,296 | $313,800 |
| San Juan County | $2,040 | 0.68% | $1,317 | $193,800 |
| Valencia County | $1,848 | 0.62% | $1,374 | $223,000 |
| Lea County | $1,434 | 0.48% | $879 | $184,000 |
| McKinley County | $6,000 | 2.00% | $1,574 | $78,700 |
| Otero County | $1,662 | 0.55% | $902 | $162,700 |
| Chaves County | $1,794 | 0.60% | $935 | $156,400 |
| Eddy County | $1,545 | 0.52% | $1,095 | $212,600 |
| Curry County | $1,782 | 0.59% | $1,017 | $171,200 |
| Rio Arriba County | $1,257 | 0.42% | $1,021 | $243,700 |
| Taos County | $885 | 0.29% | $1,129 | $382,800 |
| Grant County | $1,380 | 0.46% | $808 | $175,600 |
| San Miguel County | $1,719 | 0.57% | $1,081 | $188,500 |
| Cibola County | $2,400 | 0.80% | $1,003 | $125,400 |
| Luna County | $1,611 | 0.54% | $687 | $128,000 |
| Lincoln County | $1,602 | 0.53% | $1,246 | $233,200 |
| Los Alamos County | $1,644 | 0.55% | $2,717 | $495,800 |
| Roosevelt County | $1,362 | 0.45% | $616 | $135,800 |
| Socorro County | $1,827 | 0.61% | $838 | $137,500 |
| Torrance County | $1,350 | 0.45% | $719 | $159,700 |
| Colfax County | $1,557 | 0.52% | $867 | $167,200 |
| Sierra County | $1,551 | 0.52% | $789 | $152,600 |
| Quay County | $1,830 | 0.61% | $532 | $87,200 |
| Guadalupe County | $1,434 | 0.48% | $526 | $110,000 |
| Mora County | $2,166 | 0.72% | $885 | $122,600 |
| Hidalgo County | $1,434 | 0.48% | $531 | $111,000 |
| Union County | $2,100 | 0.70% | $859 | $122,700 |
| Catron County | $1,092 | 0.36% | $608 | $167,000 |
| De Baca County | $1,788 | 0.60% | $1,118 | $187,500 |
| Harding County | $1,308 | 0.44% | $305 | $70,000 |
Effective rate = median real estate taxes paid ÷ median home value, Census ACS 2020–2024 5-year estimates.
Frequently asked questions
What is the property tax rate in New Mexico?
The median New Mexico homeowner pays $1,776 a year on a median home worth $279,900, an effective rate of about 0.63% (Census ACS 2024). Rates vary by county.
Which New Mexico county has the lowest property tax?
Among counties with at least 10,000 people, Taos County has the lowest effective rate: about 0.29% of home value.
Which New Mexico county has the highest property tax?
McKinley County has the highest effective rate among counties with 10,000+ people: about 2.00%.