Chaves County Property Taxes
Chaves County, New Mexico
Effective Tax Rate
0.00%
12.3% below state avgMedian Annual Tax
$0
$76/mo escrow
Estimate Your Tax
Annual Tax
$0
Monthly
$0
Eff. Rate
0.64%
At a Glance
Median Home Value
$141,900
State avg ▼ $181,648
Tax w/ Mortgage/yr
$1,171
$98/mo escrow
Tax w/o Mortgage/yr
$699
$58/mo
State Tax Rate Rank
#26
of 33 counties (1 = lowest)
Similar tax rates
Data Story
About Property Taxes in Chaves County, New Mexico
Chaves taxes exceed national median by 8.4 percent
Chaves County's effective tax rate of 0.645% runs above the national median of 0.595%, placing it slightly above average nationally. The median property tax of $915 is just one-third of the national median of $2,690, reflecting Chaves' lower median home values of $141,900.
Chaves ranks in the middle of state rates
Chaves County's 0.645% effective rate stands about 8% above the New Mexico average of 0.595%, positioning it firmly in the state's mid-range. The median tax of $915 approaches the state average of $1,043, reflecting modest tax obligations within New Mexico.
Chaves sits between rural and moderate-tax counties
Chaves County's 0.645% rate falls between Catron's low 0.339% and Cibola's higher 0.819%, reflecting its mid-range position in regional tax competition. Its median home value of $141,900 is among the region's lowest, keeping absolute tax bills manageable.
A $141,900 home costs $915 annually
The typical Chaves County homeowner with a median-valued property of $141,900 pays approximately $915 in annual property taxes. Those with mortgages pay more due to escrow, averaging around $1,171 per year.
Assessment appeals can offset rate increases
Many Chaves County homeowners may be overassessed and should explore appealing their property valuations to reduce tax liability. Even modest assessment reductions can yield meaningful annual savings in a county where absolute tax bills remain relatively modest.
How Chaves County Compares
Median Annual Property Tax
Chaves County
0.64%
Effective rate
New Mexico Avg
0.57%
Effective rate
National Avg
0.91%
Effective rate
Frequently Asked Questions
What is the property tax rate in Chaves County, New Mexico?
How much are property taxes in Chaves County?
How does Chaves County compare to the New Mexico average?
What is the median home value in Chaves County, New Mexico?
Why is Chaves County property tax rate higher than the New Mexico average?
How does Chaves County rank for property taxes in New Mexico?
Counties with Similar Tax Rates
Nearby Counties
Other Counties in New Mexico
Data updated: March 2026
Data from U.S. Census Bureau, American Community Survey 2019-2023 5-Year Estimates. Effective tax rate is calculated as median property tax divided by median home value.