← 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.
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 →
General legal information, not legal advice — verify important decisions with a licensed attorney.
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