Ranked from ACS 2023 5-Year
Lowest Property Taxes in New Mexico
The counties where property tax takes the smallest share of a home's value. Several are in states with no income tax offset, and a handful are in Alaska boroughs where there is effectively no municipal levy at all.
Where does yours land?
Every county in America is somewhere on this scale, including the one you live in.
New Mexico ranked
| # | County | Effective rate | Median home | Annual tax |
|---|---|---|---|---|
| 1 | Taos County | 0.329% | $354,000 | $1,164 |
| 2 | Catron County | 0.339% | $171,800 | $583 |
| 3 | Harding County | 0.379% | $86,500 | $328 |
| 4 | Rio Arriba County | 0.433% | $230,900 | $1,000 |
| 5 | Roosevelt County | 0.436% | $136,000 | $593 |
| 6 | Grant County | 0.460% | $164,400 | $756 |
| 7 | Hidalgo County | 0.461% | $114,000 | $526 |
| 8 | Torrance County | 0.467% | $145,100 | $677 |
| 9 | Lea County | 0.468% | $176,000 | $824 |
| 10 | De Baca County | 0.499% | $158,000 | $788 |
| 11 | Eddy County | 0.499% | $199,400 | $995 |
| 12 | Santa Fe County | 0.506% | $416,900 | $2,110 |
| 13 | Guadalupe County | 0.525% | $107,200 | $563 |
| 14 | Mora County | 0.535% | $119,900 | $642 |
| 15 | Lincoln County | 0.539% | $212,200 | $1,143 |
| 16 | Sierra County | 0.548% | $144,800 | $793 |
| 17 | Socorro County | 0.553% | $143,200 | $792 |
| 18 | Curry County | 0.555% | $160,800 | $893 |
| 19 | San Miguel County | 0.558% | $177,600 | $991 |
| 20 | Otero County | 0.563% | $149,500 | $841 |
| 21 | Union County | 0.571% | $135,900 | $776 |
| 22 | Los Alamos County | 0.573% | $452,500 | $2,591 |
| 23 | Colfax County | 0.576% | $161,000 | $927 |
| 24 | Luna County | 0.576% | $112,500 | $648 |
| 25 | Quay County | 0.617% | $82,200 | $507 |
| 26 | Chaves County | 0.645% | $141,900 | $915 |
| 27 | Valencia County | 0.660% | $206,800 | $1,365 |
| 28 | San Juan County | 0.675% | $185,100 | $1,249 |
| 29 | Doña Ana County | 0.684% | $205,400 | $1,404 |
| 30 | Sandoval County | 0.761% | $282,300 | $2,147 |
| 31 | Cibola County | 0.819% | $120,000 | $983 |
| 32 | Bernalillo County | 0.947% | $268,500 | $2,544 |
| 33 | McKinley County | 1.889% | $72,100 | $1,362 |
Every figure is modelled on the county's own median home with 20% down at 6.76%. 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 Taxes across all 3,133 US counties · Every county in New Mexico