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New Mexico property tax by county

Typical rates and bills for every county, from the Census survey 2020-2024.

Typical rate0.70%ranks 34 of 51
Typical yearly bill$1,731US $3,119
State income tax1.5% to 5.9%tax year 2026
State sales tax4.875%before local taxes

Property tax in New Mexico, in plain words

Homeowners in New Mexico pay a typical 0.70% of their home's value in property tax each year, below the national figure of 0.94%. On the median home, worth $248,100, that comes to about $1,731 a year. New Mexico ranks 34th highest of the 50 states and DC by rate.

Rates vary across the state. McKinley County has the highest typical rate at 2.00%, and Taos County the lowest at 0.29%. The table below lists every county, and each one has its own page with a calculator.

New Mexico's state income tax runs 1.5% to 5.9%. The state sales tax rate is 4.875%, and local sales taxes can add more. The typical property tax bill equals about 2.7% of median household income in New Mexico.

Every county in New Mexico

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CountyTypical rateTypical billMedian home value
Bernalillo County0.90%$2,629$292,900
Catron County0.36%$608$167,000
Chaves County0.60%$935$156,400
Cibola County0.80%$1,003$125,400
Colfax County0.52%$867$167,200
Curry County0.59%$1,017$171,200
De Baca County0.60%$1,118$187,500
Doña Ana County0.67%$1,480$220,800
Eddy County0.52%$1,095$212,600
Grant County0.46%$808$175,600
Guadalupe County0.48%$526$110,000
Harding County0.44%$305$70,000
Hidalgo County0.48%$531$111,000
Lea County0.48%$879$184,000
Lincoln County0.53%$1,246$233,200
Los Alamos County0.55%$2,717$495,800
Luna County0.54%$687$128,000
McKinley County2.00%$1,574$78,700
Mora County0.72%$885$122,600
Otero County0.55%$902$162,700
Quay County0.61%$532$87,200
Rio Arriba County0.42%$1,021$243,700
Roosevelt County0.45%$616$135,800
San Juan County0.68%$1,317$193,800
San Miguel County0.57%$1,081$188,500
Sandoval County0.73%$2,296$313,800
Santa Fe County0.48%$2,152$446,300
Sierra County0.52%$789$152,600
Socorro County0.61%$838$137,500
Taos County0.29%$1,129$382,800
Torrance County0.45%$719$159,700
Union County0.70%$859$122,700
Valencia County0.62%$1,374$223,000