New Mexico Property Tax Calculator
Estimate annual property taxes, monthly escrow amounts, and effective tax rates for home real estate in New Mexico.
Calculation Inputs
Calculation Results
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Enter inputs on the left and click Calculate to view results.
Formula & Methodology
Annual Tax = Assessed Value × 0.77%
Calculates New Mexico property tax based on county assessed value and tax rate.
Frequently Asked Questions
What is the average property tax rate in New Mexico?
The average effective property tax rate in New Mexico is approximately 0.77%.