McKinley County, New Mexico Property Taxes
Census Bureau ACS property tax data for New Mexico. Population: 14,509.
The median annual property tax in McKinley County is $1,362, which is 31% higher than the New Mexico state average and 29% below the national average. The effective tax rate is 1.89% on a median home value of $72,100. Property taxes represent 3.1% of the median household income in this county.
Median Annual Tax
$1,362
+31% vs State
-29% vs US
Median Home Value
$72,100
-60% vs State
-66% vs US
Effective Tax Rate
1.89%
+215% vs State
+99% vs US
With vs Without Mortgage
With Mortgage
$1,607
$134/mo
Without Mortgage
$1,036
$86/mo
Homeowners with a mortgage typically own higher-valued properties, which can result in higher tax bills.
Property Tax History
| Year | Median Tax | Effective Rate |
|---|---|---|
| 2023 | $1,362 +1.7% | 1.89% |
| 2022 | $1,339 +14.3% | 1.91% |
| 2021 | $1,171 +4.7% | 1.75% |
| 2020 | $1,118 -2.2% | 1.68% |
| 2019 | $1,143 | 1.76% |
Tax Burden
Tax-to-Income Ratio
3.1%
of median household income
Median Income
$44,496
per year
Monthly Tax
$114
per month
Other Counties in New Mexico
Curry County
Tax: $893/yr Rate: 0.56%
Bernalillo County
Tax: $2,544/yr Rate: 0.95%
Grant County
Tax: $756/yr Rate: 0.46%
Hidalgo County
Tax: $526/yr Rate: 0.46%
Roosevelt County
Tax: $593/yr Rate: 0.44%
Los Alamos County
Tax: $2,591/yr Rate: 0.57%
Frequently Asked Questions
What is the average property tax in McKinley County, New Mexico? ▼
The median annual property tax in McKinley County is $1,362 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 1.89% on a median home value of $72,100.
How does McKinley County property tax compare to the national average? ▼
Property taxes in McKinley County are 29% below the national average of $1,923. The effective rate of 1.89% compares to 0.95% nationally.
Does having a mortgage affect property taxes in McKinley County? ▼
In McKinley County, homeowners with a mortgage pay a median of $1,607 in annual property taxes, while homeowners without a mortgage pay $1,036. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in McKinley County? ▼
Property taxes in McKinley County represent approximately 3.1% of the median household income of $44,496. The national benchmark is generally 2-4% of household income.
Explore More Data
Data source: U.S. Census Bureau, American Community Survey 5-Year Estimates. Property tax data reflects median amounts paid by homeowners. Effective rates are calculated as median tax divided by median home value.