Taos County, New Mexico Property Taxes
Census Bureau ACS property tax data for New Mexico. Population: 11,399.
The median annual property tax in Taos County is $1,164, which is 12% higher than the New Mexico state average and 39% below the national average. The effective tax rate is 0.33% on a median home value of $354,000. Property taxes represent 2.0% of the median household income in this county.
Median Annual Tax
$1,164
+12% vs State
-39% vs US
Median Home Value
$354,000
+95% vs State
+67% vs US
Effective Tax Rate
0.33%
-45% vs State
-65% vs US
With vs Without Mortgage
With Mortgage
$1,461
$122/mo
Without Mortgage
$974
$81/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 | $1,164 -6.1% | 0.33% |
| 2022 | $1,239 +13.2% | 0.40% |
| 2021 | $1,095 -3.3% | 0.39% |
| 2020 | $1,132 +13.7% | 0.45% |
| 2019 | $996 | 0.42% |
Tax Burden
Tax-to-Income Ratio
2.0%
of median household income
Median Income
$58,908
per year
Monthly Tax
$97
per month
Other Counties in New Mexico
Grant County
Tax: $756/yr Rate: 0.46%
Otero County
Tax: $841/yr Rate: 0.56%
Catron County
Tax: $583/yr Rate: 0.34%
Mora County
Tax: $642/yr Rate: 0.54%
Hidalgo County
Tax: $526/yr Rate: 0.46%
San Juan County
Tax: $1,249/yr Rate: 0.67%
Frequently Asked Questions
What is the average property tax in Taos County, New Mexico? ▼
The median annual property tax in Taos County is $1,164 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 0.33% on a median home value of $354,000.
How does Taos County property tax compare to the national average? ▼
Property taxes in Taos County are 39% below the national average of $1,923. The effective rate of 0.33% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Taos County? ▼
In Taos County, homeowners with a mortgage pay a median of $1,461 in annual property taxes, while homeowners without a mortgage pay $974. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Taos County? ▼
Property taxes in Taos County represent approximately 2.0% of the median household income of $58,908. 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.