Property taxes in New Mexico
At $1,638, the median annual property tax bill in New Mexico is 54% below the national figure of $3,580, ranking 41 of 52, with Bernalillo County the highest county at $2,459.
Two houses with the same price can carry very different tax bills. That gap is decided county by county.
| Rank | County | Typical figure | Context |
|---|---|---|---|
| 1 | Bernalillo County | $2,459 | 0.99% of value |
| 2 | Los Alamos County | $2,442 | 0.59% of value |
| 3 | Sandoval County | $2,042 | 0.79% of value |
| 4 | Santa Fe County | $1,921 | 0.51% of value |
| 5 | Doña Ana County | $1,350 | 0.72% of value |
| 6 | McKinley County | $1,339 | 1.91% of value |
| 7 | Valencia County | $1,296 | 0.70% of value |
| 8 | Taos County | $1,239 | 0.40% of value |
| 9 | San Juan County | $1,185 | 0.69% of value |
| 10 | Lincoln County | $1,087 | 0.56% of value |
| 11 | San Miguel County | $958 | 0.64% of value |
| 12 | De Baca County | $951 | 0.43% of value |
| 13 | Rio Arriba County | $946 | 0.44% of value |
| 14 | Eddy County | $913 | 0.48% of value |
| 15 | Curry County | $863 | 0.57% of value |
| 16 | Chaves County | $804 | 0.60% of value |
| 17 | Otero County | $799 | 0.57% of value |
| 18 | Colfax County | $793 | 0.57% of value |
| 19 | Cibola County | $768 | 0.75% of value |
| 20 | Grant County | $758 | 0.49% of value |
| 21 | Lea County | $756 | 0.47% of value |
| 22 | Sierra County | $734 | 0.53% of value |
| 23 | Torrance County | $716 | 0.54% of value |
| 24 | Socorro County | $701 | 0.53% of value |
| 25 | Catron County | $650 | 0.42% of value |
| 26 | Union County | $633 | 0.50% of value |
| 27 | Roosevelt County | $629 | 0.49% of value |
| 28 | Luna County | $597 | 0.59% of value |
| 29 | Mora County | $594 | 0.56% of value |
| 30 | Guadalupe County | $585 | 0.50% of value |
| 31 | Hidalgo County | $515 | 0.50% of value |
| 32 | Quay County | $463 | 0.60% of value |
| 33 | Harding County | $290 | 0.30% of value |
Put the real tax number in your mortgage maths
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Methodology
Every figure on this page comes from the U.S. Census Bureau's American Community Survey 5-year estimates. We store one row per county and roll counties up to state level, weighting each county by its population so that large metros are not treated the same as very small counties.
The median real-estate tax bill shown for a state is that population-weighted figure, not a simple average of county values. National comparisons use the same method across all states, so the state-versus-U.S. gap you see is a like-for-like comparison.
These are survey estimates, not transaction records, and they describe typical households rather than any individual situation. Nothing here is personalised financial advice.
The effective rate we show is our own calculation: median real-estate taxes paid divided by median home value in the same place. It is a comparison tool, not a millage rate, and it does not account for exemptions, caps or assessment lags.
Sources: U.S. Census Bureau, American Community Survey (5-year). American Community Survey 5-year estimates, 2022.
Source: U.S. Census Bureau, American Community Survey (5-year).