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Lowest Property Taxes in New Mexico by County (2026)

Taos has the lowest property taxes of any county in New Mexico, at 0.32%, followed by Catron and Rio Arriba. Source: Census ACS 5-Year, 2020-2024. The full ranking of the top 25 counties is below.

Data updated 2024 - Source: Census ACS 5-Year

Map of effective property tax rate
US map of property taxes

property tax

Lowest property tax in New Mexico

#1 Taos0.32%

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Lowest counties for property taxes in New Mexico

Top 25 of 33 counties with data.

Ranked by effective property tax rate (Census ACS 5-Year, 2020-2024), lowest first.

How this ranking works

This page ranks New Mexico counties by effective property tax rate, sorted so the lowest places appear first. Click any county to see its housing, schools, crime, and demographics in detail.

For property taxes, a lower value is generally more favorable, so the top of the list is the lowest. Want to weigh property taxes against schools, taxes, commute, and more at once? Use the live map to build a custom match.

Data comes from public sources. Source attribution and the exact data vintage are shown above and on the full map of effective property tax rate.

Frequently asked questions

Which county in New Mexico has the lowest property taxes?
Taos has the lowest property taxes in New Mexico, at 0.32%.
What is the property taxes in Taos?
Taos is ranked #1 in New Mexico for property taxes, at 0.32%.
What are the top counties in New Mexico for property taxes?
Taos (0.32%), then Catron (0.36%), and Rio Arriba (0.42%). The full top 25 is in the table on this page.
How is this property taxes ranking calculated?
Counties in New Mexico are ranked by effective property tax rate (Census ACS 5-Year, 2020-2024), lowest first. Values describe the county, not an individual property. Source vintage is shown on the page.
Are these property tax mill rates or the tax bill on a house?
These are county mill rates (the property tax rate), not the dollar bill on a specific house. The bill also depends on assessed value, exemptions, and local levies. The ranking uses the county rate so places can be compared on the same unit.
How does New Mexico compare to the rest of the US for property taxes?
This list is New Mexico only. See the national ranking of the lowest counties for property taxes at hearthmap.app/best/lowest-property-tax.

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See these New Mexico counties on the live map.