Property Tax Rates in New Mexico by county. Click on the map below to view rates for a particular county.
New Mexico Map
Property Taxes vary across New Mexico based on County. The average Property Tax Rate in New Mexico is 0.74%.
The highest state average Property Tax Rate in the United States is 2.33% in New Jersey. The lowest state average Property Tax Rate in the United States is 0.27% in Hawaii.
View the Property Taxes Overview for detailed information about Property Taxes. Click on a specific county on the map or from the table below for detailed Property Tax information. You can also learn how property taxes are calculated and about their history.
How does New Mexico compare?
The highest Property Tax Rate, in New Mexico is 1.91% in McKinley County. The lowest Property Tax Rate, is 0.30% in Harding County.
New Mexico (0.74%) has a 27.5% lower Property Tax Rate, than the average of the US (1.02%).
New Mexico is rank 34th out of 52 States and territories. The Property Tax Rates are lower than 33 other States and territories. New Mexico is the 19th cheapest State or territory in terms of Property Tax Rates.
Learn how property taxes affect the cost of homes and rents in an New Mexico.
Average Property Taxes for New Mexico
Rank
Property Tax Rate
Property Value
Property Tax
| County | Rank | Property Tax Rate | Property Value | Property Tax |
|---|---|---|---|---|
| McKinley County | 1st | 1.91% | $70,200 | $1,339 |
| Bernalillo County | 2nd | 0.99% | $247,300 | $2,459 |
| Sandoval County | 3rd | 0.79% | $258,100 | $2,042 |
| Cibola County | 4th | 0.75% | $101,900 | $768 |
| Dona Ana County | 5th | 0.72% | $187,400 | $1,350 |
| Valencia County | 6th | 0.70% | $184,400 | $1,296 |
| San Juan County | 7th | 0.69% | $170,700 | $1,185 |
| San Miguel County | 8th | 0.64% | $150,400 | $958 |
| Chaves County | 9th | 0.60% | $133,200 | $804 |
| Quay County | 9th | 0.60% | $76,800 | $463 |
| Los Alamos County | 11th | 0.59% | $412,700 | $2,442 |
| Luna County | 11th | 0.59% | $100,900 | $597 |
| Colfax County | 13th | 0.57% | $138,400 | $793 |
| Curry County | 13th | 0.57% | $151,300 | $863 |
| Otero County | 13th | 0.57% | $139,100 | $799 |
| Lincoln County | 16th | 0.56% | $195,800 | $1,087 |
| Mora County | 16th | 0.56% | $105,600 | $594 |
| Torrance County | 18th | 0.54% | $132,600 | $716 |
| Sierra County | 19th | 0.53% | $138,400 | $734 |
| Socorro County | 19th | 0.53% | $132,700 | $701 |
| Santa Fe County | 21st | 0.51% | $374,200 | $1,921 |
| Guadalupe County | 22nd | 0.50% | $116,400 | $585 |
| Hidalgo County | 22nd | 0.50% | $102,500 | $515 |
| Union County | 22nd | 0.50% | $126,900 | $633 |
| Grant County | 25th | 0.49% | $153,900 | $758 |
| Roosevelt County | 25th | 0.49% | $128,100 | $629 |
| Eddy County | 27th | 0.48% | $188,400 | $913 |
| Lea County | 28th | 0.47% | $162,000 | $756 |
| Rio Arriba County | 29th | 0.44% | $212,700 | $946 |
| De Baca County | 30th | 0.43% | $219,200 | $951 |
| Catron County | 31st | 0.42% | $156,400 | $650 |
| Taos County | 32nd | 0.40% | $313,400 | $1,239 |
| Harding County | 33rd | 0.30% | $95,500 | $290 |
More on New Mexico
- Loan Limits to view maximum loan amounts in New Mexico
- Fair Market Rents to view 40th percentile FMRs in New Mexico
- Income Limits to learn more about income assistance in New Mexico
- Housing Authorites to find Housing Authorities in New Mexico
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Data Source
Cenus Data is published by the U.S. census.