Colfax County Property Taxes
Colfax County, New Mexico
Effective Tax Rate
0.00%
11.1% below state avgMedian Annual Tax
$0
$77/mo escrow
Estimate Your Tax
Annual Tax
$0
Monthly
$0
Eff. Rate
0.58%
At a Glance
Median Home Value
$161,000
State avg ▼ $181,648
Tax w/ Mortgage/yr
$1,080
$90/mo escrow
Tax w/o Mortgage/yr
$790
$66/mo
State Tax Rate Rank
#23
of 33 counties (1 = lowest)
Similar tax rates
Data Story
About Property Taxes in Colfax County, New Mexico
Colfax tax rate runs slightly below national median
Colfax County's effective tax rate of 0.576% falls just under the national median of 0.595%, placing it nearly in line with the nation's typical experience. The median property tax of $927 remains far below the national median of $2,690, reflecting much lower median home values of $161,000.
Colfax sits near the middle of New Mexico rates
Colfax County's 0.576% effective rate is essentially in line with the state average of 0.595%, positioning it squarely in the mid-range of New Mexico counties. The median tax of $927 falls below the state average of $1,043, offering modest tax obligations within the state's context.
Colfax balances modest rates with nearby counties
Colfax County's 0.576% rate compares favorably to Cibola (0.819%) but sits above Catron (0.339%) and Curry (0.555%), reflecting its balanced position in regional tax dynamics. Its median home value of $161,000 keeps absolute tax burdens manageable across the northern region.
A $161,000 home costs $927 annually
The typical Colfax County homeowner with a median-valued property of $161,000 pays approximately $927 in annual property taxes. Those with mortgages pay more due to escrow arrangements, averaging around $1,080 per year.
Explore appeals to lower Colfax assessments
Many Colfax County homeowners may be overassessed and could benefit from appealing their property valuations to reduce annual tax bills. Filing an appeal is free and could yield measurable savings over time.
How Colfax County Compares
Median Annual Property Tax
Colfax County
0.58%
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 Colfax County, New Mexico?
How much are property taxes in Colfax County?
How does Colfax County compare to the New Mexico average?
What is the median home value in Colfax County, New Mexico?
Why is Colfax County property tax rate higher than the New Mexico average?
How does Colfax 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.