TaxBy County

Grant County

Grant County, New Mexico

Effective Tax Rate

0.46%

Median Annual Tax

$756

How Grant County Compares

Median Annual Property Tax

Grant County$756
New Mexico State Average$1,043
National Average$1,924

Grant County

0.46%

Effective rate

New Mexico Avg

0.57%

Effective rate

National Avg

0.91%

Effective rate

Tax by Mortgage Status

With Mortgage

$842

per year

Without Mortgage

$688

per year

Estimate Your Property Tax

$

Annual Tax

$756

Monthly Escrow

$63

Effective Rate

0.46%

vs. New Mexico State Average▼ 27.5% below
vs. National Average▼ 71.9% below
Sponsored

Think You're Overpaying Your Property Taxes?

Many homeowners in Grant County, New Mexico are paying more in property taxes than they should. A professional property tax appeal could lower your assessment and save you hundreds — or even thousands — per year.

Check My Assessment

Frequently Asked Questions

What is the property tax rate in Grant County, New Mexico?
The effective property tax rate in Grant County, New Mexico is 0.46%. This rate is calculated by dividing the median property tax payment by the median home value in the county.
How much are property taxes in Grant County?
The median annual property tax payment in Grant County is $756. Homeowners with a mortgage pay a median of $842, while those without a mortgage pay $688.
How does Grant County compare to the New Mexico average?
Grant County's effective tax rate of 0.46% is lower than the New Mexico state average of 0.57%. The median annual property tax in Grant County is $756, compared to the state average of $1,043.
What is the median home value in Grant County, New Mexico?
The median home value in Grant County, New Mexico is $164,400, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates.
How are property taxes calculated in New Mexico?
Property taxes in New Mexico are calculated based on the assessed value of your property multiplied by the local mill levy (tax rate). The assessed value is determined by your county assessor and may differ from market value. Homeowners may qualify for exemptions such as homestead, senior, veteran, or disability exemptions that can reduce the taxable value. Tax rates vary by county and include levies for schools, municipal services, and special districts.

Counties with Similar Tax Rates

Hidalgo County(NM)

Rate0.46%
Median Tax$526

Torrance County(NM)

Rate0.47%
Median Tax$677

Lea County(NM)

Rate0.47%
Median Tax$824

Roosevelt County(NM)

Rate0.44%
Median Tax$593
Sponsored

Compare Mortgage Rates in Grant County

Whether you're buying or refinancing, compare rates from top lenders to find the best deal for your home.

See Today's Rates

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.

Explore more data for Grant County

Cost of LivingCrime RateIncomeHealthSchoolsRiskWaterCounty Score