Average property tax rates in New Mexico

Across the 33 New Mexico counties we index here, modeled effective rates average about 0.75% (population-weighted), which works out to roughly $1,718 per year on each jurisdiction’s own benchmark before exemptions—open a row for the exact home-value assumption behind that place’s figure.

Summaries here include only counties in the current dataset—not every subdivision in the state.

Indexed counties
33
Avg. effective rate
0.75%
Population-weighted from indexed county rows in this state.

Avg. modeled annual tax (same basis): $1,718

How this compares nationally

The population-weighted average modeled rate across indexed New Mexico counties is 0.75%. That modeled effective rate is below the broad national band many surveys use for orientation (often roughly 1–1.3% of home value, varying by source and methodology)—local bills still depend on your parcel.

Orientation band (~11.3%): broad U.S. survey context. See Tax Foundation — Property taxes as a percentage of owner-occupied housing value (state / local, illustrative national context).

Tools

Ballpark from average rate

Uses a population-weighted average effective rate across the counties we publish for New Mexico. Open a county page for jurisdiction-specific figures.

Your value

$0$2,500,000
Value
$

Illustrative annual tax

$3,004

Uses the state’s population-weighted average effective rate (0.75%) across indexed counties—not a specific jurisdiction.

Scaled by 0.75% — the population-weighted mean effective rate across indexed county rows in this state (weights fall back to equal per row when population is missing). Not specific to any one jurisdiction.

Not a tax bill, legal estimate, or appeal tool. Exemptions, caps, specials, and assessment rules can change your actual amount; confirm with your assessor or collector.

Counties

Sort by column headers. Ten rows per page; pagination stays on this URL (no extra pages for search engines).

Sorting and pagination update this table in the browser only. This state page has a single web address; there are no separate numbered pages for search engines.

Indexed counties in New Mexico
Bernalillo County0.95%$2,544$268,500671,747
Catron County0.34%$583$171,8003,795
Chaves County0.65%$915$141,90063,697
Cibola County0.82%$983$120,00026,686
Colfax County0.58%$927$161,00012,307
Curry County0.56%$893$160,80047,156
De Baca County0.50%$788$158,0001,657
Doña Ana County0.68%$1,404$205,400221,665
Eddy County0.50%$995$199,40061,436
Grant County0.46%$756$164,40027,541

FAQ

Common questions

Statewide orientation for New Mexico—open a county page for parcel-level rules.

What do these New Mexico county pages show?

Each indexed New Mexico county page uses U.S. Census Bureau ACS 2023 5-year county medians (B25103 / B25077) with an implied effective rate (median tax ÷ median value), plus state statutory and agency references.

Why is the statewide average different from one New Mexico county?

This hub averages population-weighted implied rates across 33 counties using POPESTIMATE2024 (or ACS B01003 where aligned in source data). Each county’s median tax ÷ median value reflects its own housing stock—not your parcel.

When are property taxes due in New Mexico?

New Mexico property tax due dates are set by the county treasurer—often April and November installments—verify on your bill.

How should I compare New Mexico counties to the rest of the U.S.?

New Mexico county pages use ACS 2023 medians—align comparisons to the same Census definitions; local assessments, classes (especially in Hawaii), and district millage drive actual bills. See our national context note and Rate Gazetteer’s methodology page.