New Mexico Property Tax Rates 2026
Compare property tax rates across all 33 counties in New Mexico. The state average effective rate is 0.60% with a median annual tax bill of $1,107.
2026 Property Tax by County in New Mexico
| # | County | Effective Rate | Median Tax / Yr | Median Home Value |
|---|---|---|---|---|
| 1 | Bernalillo County | 0.90% | $2,629 | $292,900 |
| 2 | Catron County | 0.36% | $608 | $167,000 |
| 3 | Chaves County | 0.60% | $935 | $156,400 |
| 4 | Cibola County | 0.80% | $1,003 | $125,400 |
| 5 | Colfax County | 0.52% | $867 | $167,200 |
| 6 | Curry County | 0.59% | $1,017 | $171,200 |
| 7 | De Baca County | 0.60% | $1,118 | $187,500 |
| 8 | Doña Ana County | 0.67% | $1,480 | $220,800 |
| 9 | Eddy County | 0.52% | $1,095 | $212,600 |
| 10 | Grant County | 0.46% | $808 | $175,600 |
| 11 | Guadalupe County | 0.48% | $526 | $110,000 |
| 12 | Harding County | 0.44% | $305 | $70,000 |
| 13 | Hidalgo County | 0.48% | $531 | $111,000 |
| 14 | Lea County | 0.48% | $879 | $184,000 |
| 15 | Lincoln County | 0.53% | $1,246 | $233,200 |
| 16 | Los Alamos County | 0.55% | $2,717 | $495,800 |
| 17 | Luna County | 0.54% | $687 | $128,000 |
| 18 | McKinley County | 2.00% | $1,574 | $78,700 |
| 19 | Mora County | 0.72% | $885 | $122,600 |
| 20 | Otero County | 0.55% | $902 | $162,700 |
| 21 | Quay County | 0.61% | $532 | $87,200 |
| 22 | Rio Arriba County | 0.42% | $1,021 | $243,700 |
| 23 | Roosevelt County | 0.45% | $616 | $135,800 |
| 24 | San Juan County | 0.68% | $1,317 | $193,800 |
| 25 | San Miguel County | 0.57% | $1,081 | $188,500 |
| 26 | Sandoval County | 0.73% | $2,296 | $313,800 |
| 27 | Santa Fe County | 0.48% | $2,152 | $446,300 |
| 28 | Sierra County | 0.52% | $789 | $152,600 |
| 29 | Socorro County | 0.61% | $838 | $137,500 |
| 30 | Taos County | 0.29% | $1,129 | $382,800 |
| 31 | Torrance County | 0.45% | $719 | $159,700 |
| 32 | Union County | 0.70% | $859 | $122,700 |
| 33 | Valencia County | 0.62% | $1,374 | $223,000 |
About New Mexico Property Taxes
New Mexico has 33 counties, each with its own property tax rate set by local taxing authorities. The state's average effective rate of 0.60% is below the national average of 0.92%.
Use our property tax calculator to estimate your annual tax bill based on your specific home value and county.
Frequently Asked Questions
What is the average property tax rate in New Mexico?
The average effective property tax rate in New Mexico is 0.60%, based on the median property tax paid divided by median home value across all 33 counties.
Which county in New Mexico has the lowest property tax?
The lowest effective rate in New Mexico is in Taos County at 0.29%.
Which county has the highest property tax in New Mexico?
The highest effective rate is in McKinley County at 2.00%.
Data Source: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates. Variables: B25103 (Median Real Estate Taxes Paid), B25077 (Median Home Value). Public domain. Effective rate = median tax ÷ median home value × 100.