New Mexico Property Tax

What is the property tax in New Mexico? - The property tax in New Mexico is 0.72% as of 2026. Find the highest property tax rate and the lowest for counties in New Mexico.

New Mexico Property Tax Calculator

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New Mexico Property Tax Rate By County

Following is a list of the New Mexico counties with the highest property tax rate to the lowest and the average home prices in each county.

County
Property Tax
Average Home Price
Average Property Tax
0.330%
$354,000
$1,164
0.340%
$171,800
$583
0.380%
$86,500
$328
0.430%
$230,900
$1,000
0.440%
$136,000
$593
0.460%
$164,400
$756
0.460%
$114,000
$526
0.470%
$176,000
$824
0.470%
$145,100
$677
0.500%
$199,400
$995
0.500%
$158,000
$788
0.510%
$416,900
$2,110
0.530%
$107,200
$563
0.540%
$119,900
$642
0.540%
$212,200
$1,143
0.550%
$143,200
$792
0.550%
$144,800
$793
0.560%
$149,500
$841
0.560%
$177,600
$991
0.560%
$160,800
$893
0.570%
$452,500
$2,591
0.570%
$135,900
$776
0.580%
$161,000
$927
0.580%
$112,500
$648
0.620%
$82,200
$507
0.640%
$141,900
$915
0.660%
$206,800
$1,365
0.670%
$185,100
$1,249
0.680%
$205,400
$1,404
0.760%
$282,300
$2,147
0.820%
$120,000
$983
0.950%
$268,500
$2,544
1.890%
$72,100
$1,362