Lowest property taxes in New Mexico: Census estimated rates

Ordered by median annual taxes paid divided by median home value. These are survey estimates, not local statutory tax rates.

See highest estimated rates in New Mexico | Compare counties with your own home value

New Mexico county ranking

33 counties with usable estimates. Ties use FIPS order; rankings use unrounded ratios. Small displayed differences may reflect rounding or survey error.

New Mexico counties, lowest estimated rates first (2020–2024)
RankCountyEstimated effective rateMedian home valueMedian annual taxes paidOwner-occupied unitsCensus sources
1Taos County, NM0.29%$382,800$1,12912,067Value / Tax / Units
2Catron County, NM0.36%$167,000$6081,678Value / Tax / Units
3Rio Arriba County, NM0.42%$243,700$1,02112,517Value / Tax / Units
4Harding County, NM0.44%$70,000$305220Value / Tax / Units
5Torrance County, NM0.45%$159,700$7194,947Value / Tax / Units
6Roosevelt County, NM0.45%$135,800$6164,513Value / Tax / Units
7Grant County, NM0.46%$175,600$8088,561Value / Tax / Units
8Lea County, NM0.48%$184,000$87917,559Value / Tax / Units
9Guadalupe County, NM0.48%$110,000$5261,112Value / Tax / Units
10Hidalgo County, NM0.48%$111,000$5311,194Value / Tax / Units
11Santa Fe County, NM0.48%$446,300$2,15250,603Value / Tax / Units
12Eddy County, NM0.52%$212,600$1,09517,325Value / Tax / Units
13Sierra County, NM0.52%$152,600$7893,906Value / Tax / Units
14Colfax County, NM0.52%$167,200$8673,853Value / Tax / Units
15Lincoln County, NM0.53%$233,200$1,2467,681Value / Tax / Units
16Luna County, NM0.54%$128,000$6876,537Value / Tax / Units
17Los Alamos County, NM0.55%$495,800$2,7176,171Value / Tax / Units
18Otero County, NM0.55%$162,700$90216,400Value / Tax / Units
19San Miguel County, NM0.57%$188,500$1,0818,718Value / Tax / Units
20Curry County, NM0.59%$171,200$1,01711,653Value / Tax / Units
21De Baca County, NM0.60%$187,500$1,118586Value / Tax / Units
22Chaves County, NM0.60%$156,400$93516,904Value / Tax / Units
23Socorro County, NM0.61%$137,500$8383,957Value / Tax / Units
24Quay County, NM0.61%$87,200$5323,142Value / Tax / Units
25Valencia County, NM0.62%$223,000$1,37422,944Value / Tax / Units
26Doña Ana County, NM0.67%$220,800$1,48055,574Value / Tax / Units
27San Juan County, NM0.68%$193,800$1,31729,713Value / Tax / Units
28Union County, NM0.70%$122,700$8591,041Value / Tax / Units
29Mora County, NM0.72%$122,600$8851,707Value / Tax / Units
30Sandoval County, NM0.73%$313,800$2,29647,530Value / Tax / Units
31Cibola County, NM0.80%$125,400$1,0036,470Value / Tax / Units
32Bernalillo County, NM0.90%$292,900$2,629184,254Value / Tax / Units
33McKinley County, NM2.00%$78,700$1,57414,900Value / Tax / Units

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