Grant County Property Taxes
Grant County, New Mexico
Effective Tax Rate
0.00%
27.5% below state avgMedian Annual Tax
$0
$63/mo escrow
Estimate Your Tax
Annual Tax
$0
Monthly
$0
Eff. Rate
0.46%
At a Glance
Median Home Value
$164,400
State avg ▼ $181,648
Tax w/ Mortgage/yr
$842
$70/mo escrow
Tax w/o Mortgage/yr
$688
$57/mo
State Tax Rate Rank
#6
of 33 counties (1 = lowest)
Similar tax rates
Data Story
About Property Taxes in Grant County, New Mexico
Grant County has among the lowest rates nationally
Grant County's effective tax rate of 0.460% ranks in the bottom 15% of all U.S. counties by tax burden. The median property tax of $756 is less than one-third the national median of $2,690, making Grant one of the most tax-friendly places in America.
Second-lowest rate in New Mexico
Grant County's 0.460% effective rate is the second-lowest in New Mexico, trailing only Harding County. At a median property tax of $756, Grant homeowners pay nearly $300 less annually than the statewide median of $1,043.
Lowest-taxed county in the southwest
Grant County beats neighboring Hidalgo County (0.461%) and significantly undercuts Eddy County (0.499%) in property tax burden. This makes Grant the most tax-efficient option in southwestern New Mexico.
Grant homeowner pays just $756 yearly
With a median home value of $164,400 and a 0.460% effective rate, the typical Grant County homeowner pays $756 annually. Homeowners with mortgages pay $842, while those without mortgages pay $688.
Still worth verifying your assessment
Even in a low-tax county like Grant, overassessments happen. Reviewing your property's assessed value against comparable homes in your neighborhood could reveal errors—and appealing takes just a few hours for potential long-term savings.
How Grant County Compares
Median Annual Property Tax
Grant County
0.46%
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 Grant County, New Mexico?
How much are property taxes in Grant County?
How does Grant County compare to the New Mexico average?
What is the median home value in Grant County, New Mexico?
Is Grant County a low property tax area in New Mexico?
How does Grant 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.