Effective property tax rates for all 33 New Mexico counties — median real estate taxes paid ÷ median home value, from U.S. Census ACS data — ranked highest to lowest. McKinley County has the highest rate at 1.89%; Taos County has the lowest at 0.33%.
Data as of July 2026.
| Rank | County | Effective rate | Median annual bill | Median home value |
|---|---|---|---|---|
| 1 | McKinley County | 1.89% | $1,362 | $72,100 |
| 2 | Bernalillo County | 0.95% | $2,544 | $268,500 |
| 3 | Cibola County | 0.82% | $983 | $120,000 |
| 4 | Sandoval County | 0.76% | $2,147 | $282,300 |
| 5 | Doña Ana County | 0.68% | $1,404 | $205,400 |
| 6 | San Juan County | 0.67% | $1,249 | $185,100 |
| 7 | Valencia County | 0.66% | $1,365 | $206,800 |
| 8 | Chaves County | 0.64% | $915 | $141,900 |
| 9 | Quay County | 0.62% | $507 | $82,200 |
| 10 | Luna County | 0.58% | $648 | $112,500 |
| 11 | Colfax County | 0.58% | $927 | $161,000 |
| 12 | Los Alamos County | 0.57% | $2,591 | $452,500 |
| 13 | Union County | 0.57% | $776 | $135,900 |
| 14 | Otero County | 0.56% | $841 | $149,500 |
| 15 | San Miguel County | 0.56% | $991 | $177,600 |
| 16 | Curry County | 0.56% | $893 | $160,800 |
| 17 | Socorro County | 0.55% | $792 | $143,200 |
| 18 | Sierra County | 0.55% | $793 | $144,800 |
| 19 | Lincoln County | 0.54% | $1,143 | $212,200 |
| 20 | Mora County | 0.54% | $642 | $119,900 |
| 21 | Guadalupe County | 0.53% | $563 | $107,200 |
| 22 | Santa Fe County | 0.51% | $2,110 | $416,900 |
| 23 | Eddy County | 0.50% | $995 | $199,400 |
| 24 | De Baca County | 0.50% | $788 | $158,000 |
| 25 | Lea County | 0.47% | $824 | $176,000 |
| 26 | Torrance County | 0.47% | $677 | $145,100 |
| 27 | Hidalgo County | 0.46% | $526 | $114,000 |
| 28 | Grant County | 0.46% | $756 | $164,400 |
| 29 | Roosevelt County | 0.44% | $593 | $136,000 |
| 30 | Rio Arriba County | 0.43% | $1,000 | $230,900 |
| 31 | Harding County | 0.38% | $328 | $86,500 |
| 32 | Catron County | 0.34% | $583 | $171,800 |
| 33 | Taos County | 0.33% | $1,164 | $354,000 |
Rates are estimates derived from Census ACS 5-year data, not your actual bill — see the methodology for how they're calculated. A “≥” rate means the county sits at the ACS top-code ceiling, so the real rate may be higher.
Informational only — not legal or tax advice. Exemption rules and amounts are summarized from official statutes and state tax-agency sources as of each program's verified date and can change by legislative session. Dollar figures are estimates derived from Census ACS county tax data, not actual bills. Confirm your eligibility and current amounts with your county assessor before relying on anything here.