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.
Reported point-estimate range: $885 in Taos County to $6,000 in McKinley County (among counties with 10,000+ people and medians reported as point estimates). Find yours in the "Tax on your home" column below. Estimates use each county's reported ratio of medians; 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 and Census medians reported as point estimates, Taos County has the lowest reported point-estimate effective rate: about 0.29% of home value.
Which New Mexico county has the highest property tax?
Among counties with at least 10,000 people and Census medians reported as point estimates, McKinley County has the highest reported point-estimate effective rate: about 2.00%.