New Mexico Property Tax Calculator
Calculate New Mexico property tax based on home value. Free NM property tax calculator with effective tax rates.
Calculate property taxes based on New Mexico real estate values
New Mexico Effective Property Tax Rate
0.8%
Average rate of assessed home value
Calculate Your New Mexico Property Tax
Estimated Property Tax
About New Mexico Property Taxes
The effective property tax rate in New Mexico is 0.8% of the home's assessed value. This means for every $100,000 in home value, you'll pay approximately $800 in annual property taxes.
New Mexico ranks in the middle range for property tax rates in the United States.