Ranked from ACS 2023 5-Year
Lowest Property Tax Bills in New Mexico
The smallest annual property tax bills in the country in dollar terms. Low home values do most of the work here, so a low bill is not the same thing as a low rate.
Where does yours land?
Every county in America is somewhere on this scale, including the one you live in.
New Mexico ranked
| # | County | Annual tax | Median home | Effective rate |
|---|---|---|---|---|
| 1 | Harding County | $328 | $86,500 | 0.379% |
| 2 | Quay County | $507 | $82,200 | 0.617% |
| 3 | Hidalgo County | $526 | $114,000 | 0.461% |
| 4 | Guadalupe County | $563 | $107,200 | 0.525% |
| 5 | Catron County | $583 | $171,800 | 0.339% |
| 6 | Roosevelt County | $593 | $136,000 | 0.436% |
| 7 | Mora County | $642 | $119,900 | 0.535% |
| 8 | Luna County | $648 | $112,500 | 0.576% |
| 9 | Torrance County | $677 | $145,100 | 0.467% |
| 10 | Grant County | $756 | $164,400 | 0.460% |
| 11 | Union County | $776 | $135,900 | 0.571% |
| 12 | De Baca County | $788 | $158,000 | 0.499% |
| 13 | Socorro County | $792 | $143,200 | 0.553% |
| 14 | Sierra County | $793 | $144,800 | 0.548% |
| 15 | Lea County | $824 | $176,000 | 0.468% |
| 16 | Otero County | $841 | $149,500 | 0.563% |
| 17 | Curry County | $893 | $160,800 | 0.555% |
| 18 | Chaves County | $915 | $141,900 | 0.645% |
| 19 | Colfax County | $927 | $161,000 | 0.576% |
| 20 | Cibola County | $983 | $120,000 | 0.819% |
| 21 | San Miguel County | $991 | $177,600 | 0.558% |
| 22 | Eddy County | $995 | $199,400 | 0.499% |
| 23 | Rio Arriba County | $1,000 | $230,900 | 0.433% |
| 24 | Lincoln County | $1,143 | $212,200 | 0.539% |
| 25 | Taos County | $1,164 | $354,000 | 0.329% |
| 26 | San Juan County | $1,249 | $185,100 | 0.675% |
| 27 | McKinley County | $1,362 | $72,100 | 1.889% |
| 28 | Valencia County | $1,365 | $206,800 | 0.660% |
| 29 | Doña Ana County | $1,404 | $205,400 | 0.684% |
| 30 | Santa Fe County | $2,110 | $416,900 | 0.506% |
| 31 | Sandoval County | $2,147 | $282,300 | 0.761% |
| 32 | Bernalillo County | $2,544 | $268,500 | 0.947% |
| 33 | Los Alamos County | $2,591 | $452,500 | 0.573% |
Every figure is modelled on the county's own median home with 20% down at 7.03%. Property tax and electricity are county and state specific; homeowners insurance uses the NAIC average premium for that state, which ranges from 0.16% of home value in Hawaii to 1.16% in Oklahoma. Maintenance and water are national estimates. Full methodology.
Nationwide
Lowest Property Tax Bills across all 3,133 US counties · Every county in New Mexico