Grove HopperGrove Hopper

New Mexico property tax calculator

Estimate your New Mexico property tax by county. The statewide average effective rate is 0.63%, #34 of 51 among states and DC. Pick your county below for a closer number.

Pick your state and county and enter your home value. Your estimate shows up here.

An estimate, not a tax bill. Effective rates are county medians of taxes paid divided by home value (Tax Foundation 2025, ACS 2020-2024). Your bill depends on your exemptions, school district and local levies.

New Mexico property tax rates by county

Effective rate = median property tax paid divided by median home value, owner-occupied homes. Counties with a link have a Grove Hopper appeal guide with the deadline and forms.

CountyRateMedian tax
Bernalillo County0.85%$2,629
Catron County0.27%$608
Chaves County0.61%$935
Cibola County0.47%$1,003
Colfax County0.51%$867
Curry County0.64%$1,017
De Baca County0.55%$1,118
Doña Ana County0.64%$1,480
Eddy County0.45%$1,095
Grant County0.38%$808
Guadalupe County0.55%$526
Harding County0.27%$305
Hidalgo County0.48%$531
Lea County0.52%$879
Lincoln County0.54%$1,246
Los Alamos County0.56%$2,717
Luna County0.55%$687
McKinley County0.35%$1,574
Mora County0.50%$885
Otero County0.56%$902
Quay County0.54%$532
Rio Arriba County0.22%$1,021
Roosevelt County0.60%$616
San Juan County0.52%$1,317
San Miguel County0.47%$1,081
Sandoval County0.66%$2,296
Santa Fe County0.45%$2,152
Sierra County0.57%$789
Socorro County0.58%$838
Taos County0.34%$1,129
Torrance County0.45%$719
Union County0.30%$859
Valencia County0.57%$1,374

New Mexico property tax FAQs

What is the average property tax rate in New Mexico?

New Mexico's average effective property tax rate is 0.63% of home value, which ranks #34 of 51 among the states and DC (#1 is highest). Source: Tax Foundation 2025 (ACS 2020-2024 median taxes paid / median home value).

How much is property tax on a $400,000 home in New Mexico?

At the New Mexico average of 0.63%, about $2,520 a year. By county it ranges from about $880 in Rio Arriba County (0.22%) to about $3,400 in Bernalillo County (0.85%).

Which New Mexico county has the highest property tax rate?

Bernalillo County has the highest average effective rate in the dataset at 0.85%. Rio Arriba County has the lowest at 0.22%. Source: Tax Foundation 2025 (ACS 2020-2024 median taxes paid / median home value).

How can I lower my New Mexico property tax bill?

The main lever is your assessed value. If it is higher than what similar nearby homes sell for, you can appeal it, and also check whether you qualify for exemptions. Appeals are filed by the homeowner with the county or local board, and deadlines vary by county.

Source: Tax Foundation 2025 (ACS 2020-2024 median taxes paid / median home value), taxfoundation.org. Estimates are not tax bills. Grove Hopper is a research tool with reminders and document preparation, not attorneys, accountants or a tax firm.