New Mexico Property Tax Rates by County (2026)
Compare effective property tax rates across 33 New Mexico counties. Homeowners who believe their property is over-assessed can appeal their assessment. The deadline to appeal is Within 30 days of notice.
Effective Tax Rate
0.55%
Lower than the national median of 1.02%
Median Home Value
$160,800
Median Annual Tax Bill
$893
How Are Property Taxes Calculated in New Mexico?
Property taxes in New Mexico are based on the assessed value of your property multiplied by local tax rates set by school districts, municipalities, and other taxing authorities. The median effective tax rate across New Mexico counties is 0.55%, which is below the national median of 1.02%.
If you believe your property's assessed value is too high, you have the right to appeal the assessment.
All 33 New Mexico Counties
| County | Eff. Tax Rate | Median Home Value | Median Annual Tax Bill |
|---|---|---|---|
| Bernalillo County → | 0.95% | $268,500 | $2,544 |
| Catron County → | 0.34% | $171,800 | $583 |
| Chaves County → | 0.64% | $141,900 | $915 |
| Cibola County → | 0.82% | $120,000 | $983 |
| Colfax County → | 0.58% | $161,000 | $927 |
| Curry County → | 0.56% | $160,800 | $893 |
| De Baca County → | 0.50% | $158,000 | $788 |
| Doña Ana County → | 0.68% | $205,400 | $1,404 |
| Eddy County → | 0.50% | $199,400 | $995 |
| Grant County → | 0.46% | $164,400 | $756 |
| Guadalupe County → | 0.53% | $107,200 | $563 |
| Harding County → | 0.38% | $86,500 | $328 |
| Hidalgo County → | 0.46% | $114,000 | $526 |
| Lea County → | 0.47% | $176,000 | $824 |
| Lincoln County → | 0.54% | $212,200 | $1,143 |
| Los Alamos County → | 0.57% | $452,500 | $2,591 |
| Luna County → | 0.58% | $112,500 | $648 |
| McKinley County → | 1.89% | $72,100 | $1,362 |
| Mora County → | 0.54% | $119,900 | $642 |
| Otero County → | 0.56% | $149,500 | $841 |
| Quay County → | 0.62% | $82,200 | $507 |
| Rio Arriba County → | 0.43% | $230,900 | $1,000 |
| Roosevelt County → | 0.44% | $136,000 | $593 |
| San Juan County → | 0.67% | $185,100 | $1,249 |
| San Miguel County → | 0.56% | $177,600 | $991 |
| Sandoval County → | 0.76% | $282,300 | $2,147 |
| Santa Fe County → | 0.51% | $416,900 | $2,110 |
| Sierra County → | 0.55% | $144,800 | $793 |
| Socorro County → | 0.55% | $143,200 | $792 |
| Taos County → | 0.33% | $354,000 | $1,164 |
| Torrance County → | 0.47% | $145,100 | $677 |
| Union County → | 0.57% | $135,900 | $776 |
| Valencia County → | 0.66% | $206,800 | $1,365 |
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Key Highlights
Highest Tax Rate
1.89%
McKinley County
Lowest Tax Rate
0.33%
Taos County
Highest Tax Bill
$2,591
Los Alamos County
Lowest Tax Bill
$328
Harding County
Think your property is over-assessed?
TaxDrop helps New Mexico homeowners appeal their property tax assessment.
Check Your SavingsHow to Appeal Your New Mexico Property Taxes
Filing a property tax appeal in New Mexico is your legal right. Here is the basic process:
- Review your annual assessment notice from your local assessor.
- File your appeal before the deadline (Within 30 days of notice).
- Gather evidence: recent comparable sales, photos of property condition issues, and any independent appraisals.
- Attend a hearing or submit your evidence for review.
- Receive a decision on your assessed value.
TaxDrop handles this entire process for you. Our experts analyze your property, build your case, and represent you.
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See whether your property's assessment looks too high.
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