← New Mexico tax rules›Property Tax
New Mexico Property Tax (2026)
Info: Property tax is administered by counties: assessors value property as of January 1 and mail valuation notices each spring, and the county treasurer bills from net taxable value, so rates vary by county and district.
InfoVerified Jul 16, 2026
Property tax is administered by counties: assessors value property as of January 1 and mail valuation notices each spring, and the county treasurer bills from net taxable value, so rates vary by county and district. Exemptions are available for qualifying homeowners.
Official source: tax.newmexico.gov →
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