Eddy County Property Taxes
Eddy County, New Mexico
Effective Tax Rate
0.00%
4.6% below state avgMedian Annual Tax
$0
$83/mo escrow
Estimate Your Tax
Annual Tax
$0
Monthly
$0
Eff. Rate
0.50%
At a Glance
Median Home Value
$199,400
State avg ▲ $181,648
Tax w/ Mortgage/yr
$1,327
$111/mo escrow
Tax w/o Mortgage/yr
$721
$60/mo
State Tax Rate Rank
#11
of 33 counties (1 = lowest)
Data Story
About Property Taxes in Eddy County, New Mexico
Eddy County taxes rank well nationally
Eddy County's effective tax rate of 0.499% sits well below the national median of $2,690 on a typical home. At this rate, Eddy homeowners pay roughly one-third the property tax burden of the average American county, placing the county in the bottom 25% of tax burden nationally.
Below average for New Mexico
Eddy County's 0.499% effective rate undershoots New Mexico's state average of 0.595% by a meaningful margin. Among all New Mexico counties, Eddy ranks in the lower-tax tier, with a median property tax of $995 compared to the statewide median of $1,043.
The most tax-friendly in southeast region
Compared to neighboring Lea County (0.468%) and Guadalupe County (0.525%), Eddy County's 0.499% rate is moderate for the region. All three counties undercut the state average, making southeastern New Mexico a relatively affordable area for property owners.
Eddy homeowner pays under $1,000 yearly
With a median home value of $199,400 and an effective rate of 0.499%, a typical Eddy County homeowner pays $995 annually in property tax. Homeowners with mortgages pay slightly more at $1,327 due to escrow requirements, while those without mortgages pay $721.
Check if your assessment is accurate
Many Eddy County homeowners may be paying taxes on inflated property valuations. If your home's assessed value seems high relative to recent sales in your area, you have the right to file an appeal with the county assessor—a simple process that could lower your annual tax bill.
How Eddy County Compares
Median Annual Property Tax
Eddy County
0.50%
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 Eddy County, New Mexico?
How much are property taxes in Eddy County?
How does Eddy County compare to the New Mexico average?
What is the median home value in Eddy County, New Mexico?
Is Eddy County a low property tax area in New Mexico?
How does Eddy 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.