| County | Median Property Taxes ↓ | With Mortgage | Without Mortgage |
|---|---|---|---|
| Los Alamos County | $2,591 | $2,570 | $2,635 |
| Bernalillo County | $2,544 | $2,607 | $2,427 |
| Sandoval County | $2,147 | $2,236 | $1,955 |
| Santa Fe County | $2,110 | $2,165 | $2,038 |
| Doña Ana County | $1,404 | $1,583 | $1,185 |
| Valencia County | $1,365 | $1,479 | $1,188 |
| McKinley County | $1,362 | $1,607 | $1,036 |
| San Juan County | $1,249 | $1,371 | $1,024 |
| Taos County | $1,164 | $1,461 | $974 |
| Lincoln County | $1,143 | $1,435 | $882 |
| Rio Arriba County | $1,000 | $1,197 | $846 |
| Eddy County | $995 | $1,327 | $721 |
| San Miguel County | $991 | $1,154 | $889 |
| Cibola County | $983 | $1,188 | $592 |
| Colfax County | $927 | $1,080 | $790 |
| Chaves County | $915 | $1,171 | $699 |
| Curry County | $893 | $1,254 | $531 |
| Otero County | $841 | $976 | $672 |
| Lea County | $824 | $1,439 | $555 |
| Sierra County | $793 | $880 | $755 |
| Socorro County | $792 | $1,303 | $662 |
| De Baca County | $788 | $1,690 | $430 |
| Union County | $776 | $933 | $545 |
| Grant County | $756 | $842 | $688 |
| Torrance County | $677 | $880 | $528 |
| Luna County | $648 | $697 | $588 |
| Mora County | $642 | $724 | $563 |
| Roosevelt County | $593 | $837 | $486 |
| Catron County | $583 | $350 | $685 |
| Guadalupe County | $563 | $0 | $370 |
| Hidalgo County | $526 | $554 | $512 |
| Quay County | $507 | $664 | $449 |
| Harding County | $328 | $717 | $300 |
In New Mexico, property tax rates vary by county. The median property tax paid across all 33 counties is $1,043.03. Property taxes are a significant source of local government funding, used to support public schools, infrastructure, and essential services. New Mexico residents typically pay lower property taxes compared to the national average.
Leading the state in property tax rates, Los Alamos County County residents contribute a median of $2,591 annually. Property owners with active mortgages face an average payment of $2,570, while those who own their homes outright still pay $2,635. These substantial rates typically correspond to areas with robust public services, high property values, and strong community amenities.
At the other end of the spectrum, Harding County County maintains the most modest property tax burden at $328. Mortgage holders in the area can expect to pay approximately $717 annually, with mortgage-free homeowners contributing $300. These reduced rates often indicate more conservative municipal spending, different funding approaches for public services, or areas with lower property valuations.